How Much Did Dagg's Asphalt & Sealcoating Raise?
Funding & Key Investors

Dagg's Asphalt & Sealcoating has secured $310K in total capital, with its most recent financing round bringing in $160K. This significant backing underscores the company's established presence and ongoing operational capacity in the competitive asphalt services market. The context of this large-scale late-stage funding suggests a focus on sustained growth and market consolidation.

What is Dagg's Asphalt & Sealcoating?

Dagg's Asphalt & Sealcoating
ConstructionCivil Engineering Construction

Dagg's Asphalt & Sealcoating is a seasoned, locally operated enterprise based in Eastlake, Ohio, renowned for its comprehensive asphalt paving, sealcoating, and lot striping solutions. Serving commercial, industrial, and residential clientele across Cuyahoga, Lake, and Geauga Counties for over two decades, the company has built a reputation for expert asphalt surface management. Their commitment to employing state-of-the-art materials and advanced equipment ensures the delivery of superior outcomes for new installations, resurfacing projects, and routine maintenance. Dagg's Asphalt & Sealcoating provides complimentary, no-obligation cost assessments to prospective clients, facilitating informed decision-making.

How much funding has Dagg's Asphalt & Sealcoating raised?

Dagg's Asphalt & Sealcoating has raised a total of $310K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$160K

Debt (2020): $150K with participation from PPP

Debt (2021): $160K led by PPP

Key Investors in Dagg's Asphalt & Sealcoating

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Dagg's Asphalt & Sealcoating?

The substantial capital infusion, characterized as a major strategic investment within a large-scale late-stage funding environment, positions Dagg's Asphalt & Sealcoating for continued expansion and operational enhancement. This financing is likely to fuel strategic initiatives aimed at solidifying its market leadership in the Greater Cleveland area, potentially through service area expansion, technology adoption, or fleet modernization. The company's trajectory indicates a strong focus on leveraging its extensive experience to capitalize on opportunities within the regional infrastructure and commercial development sectors.

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Frequently Asked Questions Regarding Dagg's Asphalt & Sealcoating Financial Insights

What are the most recent funding rounds that Dagg's Asphalt & Sealcoating has completed, and what were the funding rounds?
Dagg's Asphalt & Sealcoating has recently completed 2 funding rounds: Debt on Mar 29, 2021, Debt on May 1, 2020.
What is the total amount of funding Dagg's Asphalt & Sealcoating has raised to date?
Dagg's Asphalt & Sealcoating has raised a total of $310K in funding to date.
How many funding rounds has Dagg's Asphalt & Sealcoating completed?
Dagg's Asphalt & Sealcoating has completed 2 funding rounds.
How much funding did Dagg's Asphalt & Sealcoating raise in its most recent funding round?
Dagg's Asphalt & Sealcoating raised $160K in its most recent funding round.
Who are the lead investors in Dagg's Asphalt & Sealcoating's latest funding round?
The lead investor in Dagg's Asphalt & Sealcoating'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 Dagg's Asphalt & Sealcoating's history?
The largest funding round in Dagg's Asphalt & Sealcoating's history was $160K.
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