How Much Did BLT Tanks Raise?
Funding & Key Investors

BLT Tanks, a prominent player in the propane tank industry, has secured significant capital, with its total funding reaching $350K. The company recently announced a major strategic investment of $350K, underscoring its established market position and growth trajectory. This latest financing round signifies a critical juncture for the Oklahoma-based firm, known for its comprehensive offerings in rebuilt, used, and new propane tanks.

What is BLT Tanks?

BLT Tanks
Energy, Utilities & WasteElectricity, Oil & GasManufacturing

Founded in 1994, BLT Tanks LLC has carved a niche in the commercial propane tank market. Specializing in the sale of rebuilt, used, and new propane tanks, the company caters to a diverse commercial clientele. Their product line encompasses a wide array of tank sizes and types, including storage tanks, transports, and bobtail tanks, all manufactured using contemporary methods and finished with high-quality protective coatings. Since expanding its operations internationally in 2004, BLT Tanks has demonstrated a commitment to customer satisfaction and maintaining an extensive inventory, while also actively participating in the acquisition of used tanks nationwide.

How much funding has BLT Tanks raised?

BLT Tanks has raised a total of $350K across 1 funding round:

2020

Debt

$350K

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

Key Investors in BLT Tanks

PPP

Public-Private Partnership

What's next for BLT Tanks?

The substantial capital infusion, characterized as large-scale late-stage funding and a major strategic investment, positions BLT Tanks for accelerated expansion and operational enhancement. This backing is expected to fuel further international market penetration, bolster inventory management, and potentially drive innovation in tank refurbishment and manufacturing processes. As a company with a proven track record and a global outlook, this financing will likely enable BLT Tanks to solidify its leadership in the propane tank sector and capitalize on emerging market opportunities.

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Frequently Asked Questions Regarding BLT Tanks Financial Insights

What are the most recent funding rounds that BLT Tanks has completed, and what were the funding rounds?
BLT Tanks has recently completed 1 funding rounds: Debt on Apr 28, 2020.
What is the total amount of funding BLT Tanks has raised to date?
BLT Tanks has raised a total of $350K in funding to date.
How many funding rounds has BLT Tanks completed?
BLT Tanks has completed 1 funding rounds.
How much funding did BLT Tanks raise in its most recent funding round?
BLT Tanks raised $350K in its most recent funding round.
Who are the lead investors in BLT Tanks's latest funding round?
The lead investor in BLT Tanks'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 BLT Tanks's history?
The largest funding round in BLT Tanks's history was $350K.
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