When was Summit Materials founded?

Summit Materials was founded in 2008 and raised its 1st funding round 1 year after it was founded.

Where is Summit Materials located?

Summit Materials is headquartered in Denver, United States. It is registered at Denver, Colorado.

How many employees does Summit Materials have?

As of Jun 30, 2026, the latest employee count at Summit Materials is 320.

Is Summit Materials a funded company?

Summit Materials is a funded company, having raised a total of $159M across 6 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jun 2009.

How much is Summit Materials worth?

The last known valuation of Summit Materials was $***** as of Nov 26, 2024.

When was the latest funding round of Summit Materials?

Summit Materials' latest funding was a $***** Conventional Debt round on Apr 30, 2019, with participation from 0 investor.

What is the annual revenue of Summit Materials?

Annual revenue of Summit Materials is less than £1M as on Apr 30, 2025

Where does Summit Materials rank among its competitors?

Summit Materials ranks 10th amongst 5281 active competitors, of which 13 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was QXO, which secured $3B in Jan, 2026.

Who are the top competitors of Summit Materials?

Summit Materials' top competitors include Boral, Shankara and USG. Among them, QXO secured the most recent funding round in January, 2026.

Summit Materials - 2026 Company Profile, Team, Funding, Competitors & Financials

Q: Is Summit Materials an acquired company?

Summit Materials got acquired by Quikrete on Nov 26, 2024.

Summit Materials is an acquired company based in Denver (United States), founded in 2008 by Tom Hill. It operates as a Supplier of concrete, aggregators, and other building materials. Summit Materials has raised $159M in funding from Continental Cement, with last known valuation of $*****. The company has 5281 active competitors, including 13 funded and 538 that have exited. Its top competitors include companies like Boral, Shankara and USG.

Company Details

Website: summit-materials.com
Social
Phone Number: +1 **********
Registered Address: Denver, Colorado

Key Metrics

Founded Year

2008

Location

Denver, United States

Stage

Acquired

Total Funding

$159M in 6 rounds

Latest Funding Round

Conventional Debt, Apr 30, 2019, $*****

Last Known Valuation

$***** as on Nov 26, 2024

Investors

Continental Cement & 3 more

Ranked

10^th among 5281 active competitors

Annual Revenue

£0 - £1M as on Apr 30, 2025

Employee Count

320 as on Jun 30, 2026

Investment & Acquisitions

Midwest Minerals & 9 more

Similar Companies

Boral & 5448 more

Exit Details

Acquired by Quikrete (Nov 26, 2024)

View Summit Materials' full profile

Summit Materials is associated with 4 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
SUMMIT MATERIALS, LLC CIN: 1571371 , United States, Active	Sep 23, 2008	$1B+ (As on Dec 31, 2014)	4800 (As on Dec 31, 2022)	-
SUMMIT MATERIALS, INC. CIN: 1621563 , United States, Active	Sep 22, 2014	$1B+ (As on Dec 31, 2023)	6 (As on Dec 31, 2020)	-
SUMMIT CORP LTD CIN: 10716036 , United Kingdom, Active	Apr 06, 2017	£0 - £1M (As on Apr 30, 2025)	1 (As on Apr 30, 2024)
SUMMIT MATERIALS LLC CIN: 264138486 , United States, Active	Dec 26, 999	-	6565 (As on Dec 31, 2024)	-

Summit Materials got acquired by Quikrete on Nov 26, 2024 at an acquisition amount of $*****.

Click here to take a look at Summit Materials's acquisition in detail

Summit Materials has raised a total funding of $159M over 6 rounds. Its first funding round was on Jun 2009. Summit Materials has 4 institutional investors.

Here is the list of recent funding rounds of Summit Materials:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 30, 2019	3533018	Conventional Debt	4176619	8861610	4274800	9506606
Feb 28, 2019	4364578	Conventional Debt	1925559	6781525	8626704	9223603
Mar 27, 2014	7393346	Series C	4842903	8104431	5868609	2532769

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View details of Summit Materials's funding rounds and investors

The founders of Summit Materials is Tom Hill.

Here are the details of Summit Materials' key team members:

Tom Hill: Former Founder & CEO of Summit Materials.

View details of Summit Materials's Founder profiles and Board Members

Summit Materials' employee count trend

Summit Materials has 320 employees as of Jun 26. Here is Summit Materials's employee count trend over the years:

Employee count trend for Summit Materials

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Top competitors of Summit Materials include Boral, Shankara and USG. Here is the list of Top 10 competitors of Summit Materials, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Boral 1946, Sydney (Australia), Acquired	Supplier of construction materials & building products	$22.4M	CVC, ACE & 4 others	70/100
2nd	Shankara 1995, Bengaluru (India), Public	Supplier of construction materials, tiles, and wooden flooring products	$11.6M	Fairwinds Private Equity, Reliance Capital ... & 2 others	61/100
3rd	USG 1902, United States, Acquired	Supplier of construction materials	-	Berkshire Hathaway, Prospect Capital & 3 others	59/100
4th	Kodiak Building Partners 2011, Littleton (United States), Acquired	Building material supplier	-	Brush Creek Partners, Building Industry Partners ... & 1 others	59/100
5th	QXO 1995, Greenwich (United States), Public	Distributor of building products	-	Apollo Global Management, Temasek & 5 others	57/100
6th	Beacon 1928, Herndon (United States), Acquired	Chains providing building materials and supplies for residential and commercial construction projects	-	CD&R, Merit Capital Partners & 2 others	56/100
7th	Grafton 1902, Dublin (Ireland), Public	Distributor of building materials	-	-	56/100
8th	Simpson Strong-Tie 1956, Pleasanton (United States), Unfunded	Supplier of building products	-	-	56/100
9th	Martin Marietta 1993, Raleigh (United States), Public	Supplier of building materials	-	Lindsay Goldberg	56/100
10th	Summit Materials 2008, Denver (United States), Acquired	Supplier of concrete, aggregators, and other building materials	$159M	Innovation Works, New Richmond Ventures & 2 others	53/100

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Summit Materials has not made any investments yet. Summit Materials has made 10 acquisitions.

Here is the list of latest three $acquisitions:

Filter this list

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
May 24, 2018	Acquisition	Midwest Minerals	1947	Pittsburg (United States)
Jul 31, 2017	Acquisition	Great Southern Ready Mix	2013	New Caney (United States)
2017	Acquisition	Pit & Quarry	1916	Cleveland (United States)