How Much Did Finley Asphalt Raise?
Funding & Key Investors

Finley Asphalt & Concrete has secured $4M in total capital, with its most recent financing event yielding $2M in a major strategic investment. This enterprise-level funding underscores the company's established position in the commercial paving and construction sector.

The company's latest funding round, dated March 16, 2021, followed a similar debt financing of $2M on April 9, 2020. These financial injections highlight a consistent strategy for bolstering operational capacity and market reach.

What is Finley Asphalt?

Finley Asphalt
ConstructionCivil Engineering Construction

Finley Asphalt & Concrete is a long-standing contractor specializing in commercial asphalt and concrete services across Virginia, Maryland, and the District of Columbia. Established in 1965, the company offers comprehensive solutions including asphalt installation, resurfacing, repairs, and maintenance, alongside concrete work and ADA compliance services. Their client base spans commercial, industrial, educational, healthcare, and municipal sectors, positioning them as a key player in infrastructure development and maintenance within their service regions.

How much funding has Finley Asphalt raised?

Finley Asphalt has raised a total of $4M across 2 funding rounds:

2020

Debt

$2M

2021

Debt

$2M

Debt (2020): $2M with participation from PPP

Debt (2021): $2M led by PPP

What's next for Finley Asphalt?

With significant enterprise-level backing, Finley Asphalt is poised for strategic expansion and enhanced service delivery. The consistent debt financing suggests a focus on leveraging capital for operational growth, fleet expansion, or securing larger commercial contracts. Future initiatives are likely to concentrate on reinforcing their market leadership in the Mid-Atlantic region, potentially through technological adoption in paving processes or expanding their service portfolio to meet evolving industry demands and infrastructure needs.

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Frequently Asked Questions Regarding Finley Asphalt Financial Insights

What are the most recent funding rounds that Finley Asphalt has completed, and what were the funding rounds?
Finley Asphalt has recently completed 2 funding rounds: Debt on Mar 16, 2021, Debt on Apr 9, 2020.
What is the total amount of funding Finley Asphalt has raised to date?
Finley Asphalt has raised a total of $4M in funding to date.
How many funding rounds has Finley Asphalt completed?
Finley Asphalt has completed 2 funding rounds.
How much funding did Finley Asphalt raise in its most recent funding round?
Finley Asphalt raised $2M in its most recent funding round.
Who are the lead investors in Finley Asphalt's latest funding round?
The lead investor in Finley Asphalt'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 Finley Asphalt's history?
The largest funding round in Finley Asphalt's history was $2M.
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