How Much Did Avery Oil & Propane Raise?
Funding & Key Investors

Avery Oil & Propane has solidified its market position through a series of strategic debt financing rounds, culminating in a total capital infusion of $894K. The most recent injection of $544K underscores the firm's commitment to scaling its regional fuel distribution infrastructure across South Central Michigan and Northern Ohio. This financial backing serves as a critical lever for the company as it navigates the complexities of the energy logistics sector, ensuring consistent supply chain reliability for its extensive client base of over 5,500 households, commercial entities, and agricultural operations.

What is Avery Oil & Propane?

Avery Oil & Propane
RetailConvenience Stores, Gas Stations & Liquor StoresTransportation

Operating for over four decades, Avery Oil & Propane functions as a cornerstone of regional energy distribution. The company specializes in the delivery of residential heating fuels, commercial-grade petroleum products, and agricultural fuel solutions. By maintaining a localized service model that emphasizes rapid delivery windows and flexible payment structures, the firm has successfully differentiated itself from larger, less agile competitors. Its operational footprint, which spans multiple counties in Michigan and Ohio, reflects a robust business model built on long-term customer retention and high-touch service standards.

How much funding has Avery Oil & Propane raised?

Avery Oil & Propane has raised a total of $894K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$544K

Debt (2020): $350K with participation from PPP

Debt (2021): $544K led by PPP

Key Investors in Avery Oil & Propane

PPP

Public-Private Partnership

What's next for Avery Oil & Propane?

With the recent capital deployment, Avery Oil & Propane is positioned to optimize its logistics network and potentially expand its propane service capabilities into adjacent territories. The strategic focus will likely shift toward enhancing operational efficiency through digital integration and fleet modernization, ensuring that the company maintains its competitive edge in a volatile energy market. As the firm transitions into this next phase of growth, the emphasis remains on sustaining the high service standards that have defined its four-decade history while scaling its infrastructure to meet the evolving demands of its diverse customer segments.

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Frequently Asked Questions Regarding Avery Oil & Propane Financial Insights

What are the most recent funding rounds that Avery Oil & Propane has completed, and what were the funding rounds?
Avery Oil & Propane has recently completed 2 funding rounds: Debt on Jan 22, 2021, Debt on Apr 9, 2020.
What is the total amount of funding Avery Oil & Propane has raised to date?
Avery Oil & Propane has raised a total of $894K in funding to date.
How many funding rounds has Avery Oil & Propane completed?
Avery Oil & Propane has completed 2 funding rounds.
How much funding did Avery Oil & Propane raise in its most recent funding round?
Avery Oil & Propane raised $544K in its most recent funding round.
Who are the lead investors in Avery Oil & Propane's latest funding round?
The lead investor in Avery Oil & Propane'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 Avery Oil & Propane's history?
The largest funding round in Avery Oil & Propane's history was $544K.
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