How Much Did Adko Raise?
Funding & Key Investors

Adko has secured $48K in total investment, with a recent financing round of $48K providing substantial expansion capital. This latest backing positions the company for significant growth within the oilfield chemicals sector.

What is Adko?

Adko
ManufacturingTires & RubberChemicals & Related Products

Adko, Inc. is a long-standing, family-owned enterprise headquartered in Oklahoma City, established in 1978. The company specializes in the wholesale distribution of oilfield chemicals and offers private label blending services. Their product portfolio caters to drilling, production, and waterflood applications, emphasizing quality and adherence to regulatory standards. Adko's custom blending capabilities allow clients to leverage the company's purchasing power for tailored chemical solutions. They provide essential technical support and maintain strict confidentiality for their clientele across key oil-producing states like Oklahoma, Texas, and Louisiana.

How much funding has Adko raised?

Adko has raised a total of $48K across 1 funding round:

2021

Debt

$48K

Debt (2021): $48K with participation from PPP

Key Investors in Adko

PPP

Public-Private Partnership

What's next for Adko?

The significant Series B/C stage funding context indicates Adko is poised for accelerated market penetration and operational scaling. This strategic capital infusion is likely earmarked for expanding production capacity, enhancing distribution networks, and potentially exploring new product development or geographic markets. The company's established reputation for quality and custom solutions, combined with this financial backing, suggests a trajectory focused on solidifying its position as a key supplier in the competitive oilfield services industry.

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Frequently Asked Questions Regarding Adko Financial Insights

What are the most recent funding rounds that Adko has completed, and what were the funding rounds?
Adko has recently completed 1 funding rounds: Debt on Feb 3, 2021.
What is the total amount of funding Adko has raised to date?
Adko has raised a total of $48K in funding to date.
How many funding rounds has Adko completed?
Adko has completed 1 funding rounds.
How much funding did Adko raise in its most recent funding round?
Adko raised $48K in its most recent funding round.
Who are the lead investors in Adko's latest funding round?
The lead investor in Adko'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 Adko's history?
The largest funding round in Adko's history was $48K.
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