What is Trace?
Trace operates as a comprehensive provider of excavation and paving services, serving as a critical link in the regional construction supply chain. The company distinguishes itself through a diverse portfolio that encompasses heavy-duty excavation, trucking, woodwaste grinding, and the installation of specialized Redi-Rock retaining walls. By maintaining membership in the Associated General Contractors of America and utilizing high-performance CAT equipment, Trace ensures precision in sidewalk, concrete curb, and gutter installations. Their market position is defined by a blend of technical expertise and a reliable fleet, allowing them to cater to both commercial and residential infrastructure needs across Western North Carolina.
How much funding has Trace raised?
Trace has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in Trace
PPP
Public-Private Partnership
What's next for Trace?
With the recent influx of capital, Trace is poised to accelerate its growth trajectory by optimizing its heavy equipment fleet and expanding its service footprint. The strategic allocation of these funds will likely focus on enhancing operational efficiencies and meeting the rising demand for high-quality paving and excavation services in the region. As the company transitions into this next phase of development, the focus remains on leveraging its established reputation to secure larger-scale infrastructure contracts. By prioritizing technological integration and resource management, Trace aims to solidify its status as a premier contractor, ensuring long-term sustainability and competitive advantage in a demanding industry environment.
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