What is New Field?
New Field Inc., headquartered in Richmond, Virginia, operates as a premier contractor for commercial and industrial site development. The company's comprehensive service portfolio includes site preparation, storm water management, soil stabilization, and road reclamation. Evolving from a modest beginning, New Field Inc. has become an industry leader, distinguished by its commitment to innovation, advanced technology, and a focus on self-performance of services. They aim to surpass client expectations through meticulous planning and execution, engaging specialized subcontractors only when essential.
How much funding has New Field raised?
New Field has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
Key Investors in New Field
PPP
Public-Private Partnership
What's next for New Field?
The substantial late-stage funding indicates New Field is poised for significant expansion and operational enhancement. This strategic investment will likely fuel advancements in technology adoption, potentially broadening service offerings or increasing geographic reach. The company's focus on self-performance suggests a strategy to maintain quality control and efficiency as it scales, reinforcing its market leadership in site development.
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