How Much Did Able Asphalt Paving Raise?
Funding & Key Investors

Able Asphalt Paving, a long-standing fixture in the Georgia infrastructure sector, has successfully secured a total of $16K in capital to bolster its operational capacity. This recent infusion of $16K represents a strategic move to scale the firm's service offerings across the Atlanta metropolitan area and beyond. By leveraging this debt financing, the company is positioning itself to modernize its fleet and expand its footprint in the competitive commercial and residential paving markets.

What is Able Asphalt Paving?

Able Asphalt Paving
ConstructionCivil Engineering Construction

Established in 1965, Able Asphalt Paving & Sealcoating has evolved from a local family-owned operation into a comprehensive provider of surface maintenance solutions. The company specializes in high-precision services including laser grading, asphalt patching, and protective sealcoating. By maintaining a rigorous focus on material quality and technical execution, the firm has secured a reputation as a reliable partner for property managers and homeowners alike. Their market position is defined by a blend of legacy expertise and the adoption of modern, durable surfacing techniques that address the specific environmental demands of the Georgia climate.

How much funding has Able Asphalt Paving raised?

Able Asphalt Paving has raised a total of $16K across 1 funding round:

2021

Debt

$16K

Debt (2021): $16K with participation from PPP

Key Investors in Able Asphalt Paving

PPP

Public-Private Partnership

What's next for Able Asphalt Paving?

With the recent injection of growth capital, Able Asphalt Paving is poised to transition into a more aggressive phase of market penetration. The strategic roadmap likely involves upgrading heavy machinery to improve operational efficiency and expanding the service radius to capture emerging real estate developments. As the firm navigates the Series A/B growth stage, the focus will remain on balancing traditional service excellence with the scalability required to meet the increasing demand for high-quality infrastructure maintenance. Future initiatives will likely prioritize digital integration for project management and the optimization of supply chain logistics to maintain competitive margins in an inflationary construction environment.

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Frequently Asked Questions Regarding Able Asphalt Paving Financial Insights

What are the most recent funding rounds that Able Asphalt Paving has completed, and what were the funding rounds?
Able Asphalt Paving has recently completed 1 funding rounds: Debt on Mar 13, 2021.
What is the total amount of funding Able Asphalt Paving has raised to date?
Able Asphalt Paving has raised a total of $16K in funding to date.
How many funding rounds has Able Asphalt Paving completed?
Able Asphalt Paving has completed 1 funding rounds.
How much funding did Able Asphalt Paving raise in its most recent funding round?
Able Asphalt Paving raised $16K in its most recent funding round.
Who are the lead investors in Able Asphalt Paving's latest funding round?
The lead investor in Able Asphalt Paving's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Able Asphalt Paving's history?
The largest funding round in Able Asphalt Paving's history was $16K.
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