What is Shatley Construction?
Shatley Construction is a professional asphalt paving contractor with over 50 years of experience, headquartered in West Jefferson, NC. The company specializes in a comprehensive range of paving services, including driveways, parking lots, private roads, and subdivisions. Equipped with its own fleet of machinery, Shatley Construction manages projects from inception to completion, ensuring quality control throughout the process. Their NCDOT certification and A+ rating from the Better Business Bureau highlight a strong commitment to industry standards and customer satisfaction. Serving multiple counties in the NC High Country, Shatley Construction has built a reputation for reliability and expertise in the paving sector.
How much funding has Shatley Construction raised?
Shatley Construction has raised a total of $322K across 2 funding rounds:
Debt
$150K
Debt
$172K
Debt (2020): $150K with participation from PPP
Debt (2021): $172K led by PPP
Key Investors in Shatley Construction
PPP
Public-Private Partnership
PPP
Public-Private Partnership
Undisclosed Investors
What's next for Shatley Construction?
The recent large-scale, late-stage funding signifies a strategic move for Shatley Construction, likely aimed at further solidifying its market leadership and potentially expanding its service offerings or geographic reach. This capital infusion, characterized as a major strategic investment, suggests confidence from financiers in the company's long-term viability and growth potential. The company is well-positioned to leverage this financial backing for continued operational excellence and to pursue new opportunities within the infrastructure and construction sectors.
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