What is VersaGrade?
VersaGrade operates as a Class A General Engineering Contractor, providing a comprehensive suite of services including excavation, grading, and complex underground utility construction. The firm serves a diverse portfolio of residential and commercial clients, distinguishing itself through the integration of advanced construction technology and a highly skilled workforce. By maintaining a focus on civil construction and custom homesite development, VersaGrade has established a reputation for operational efficiency and safety, positioning itself as a critical partner in regional development and infrastructure maintenance.
How much funding has VersaGrade raised?
VersaGrade has raised a total of $4.1M across 2 funding rounds:
Debt
$350K
Debt
$3.8M
Debt (2020): $350K with participation from PPP
Debt (2024): $3.8M led by Western Alliance Bank
Key Investors in VersaGrade
Western Alliance Bank
A leading national banking institution providing specialized financial solutions and commercial banking services to businesses across various sectors.
PPP
Public-Private Partnership
What's next for VersaGrade?
With the recent influx of capital, VersaGrade is well-positioned to scale its service offerings and enhance its technological capabilities in the civil engineering sector. The strategic deployment of these funds will likely focus on expanding fleet capacity, upgrading heavy machinery, and optimizing project management workflows to meet the increasing demand for high-quality utility and grading services. As the company navigates its current lifecycle stage, the emphasis remains on maintaining rigorous safety standards while scaling operations to capture larger enterprise-level contracts, ensuring long-term sustainability in the evolving construction market.
See full VersaGrade company page
