What is Coastal Tank & Testing?
With over two decades of specialized experience, Coastal Tank & Testing operates as a critical service provider within the petroleum industry. The firm maintains both A and B licenses, ensuring full compliance with Texas Commission on Environmental Quality (TCEQ) mandates. Their core competency lies in the maintenance, testing, and certification of underground piping and storage systems, a niche that demands high technical proficiency and strict adherence to state-level environmental regulations. By positioning itself as a certified authority in underground infrastructure, the company mitigates significant liability risks for its clients, effectively serving as a gatekeeper for operational safety in the energy sector.
How much funding has Coastal Tank & Testing raised?
Coastal Tank & Testing has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in Coastal Tank & Testing
PPP
Public-Private Partnership
What's next for Coastal Tank & Testing?
The recent influx of capital is expected to catalyze the next phase of the company's growth trajectory, likely focusing on the modernization of testing equipment and the expansion of its service footprint. Given the firm's late-stage lifecycle, the strategic deployment of these funds will likely prioritize operational efficiency and the scaling of its compliance-driven service model. As regulatory scrutiny over underground storage tanks intensifies, Coastal Tank & Testing is well-positioned to capture additional market share by leveraging its established reputation for technical excellence and regulatory reliability. Future initiatives will likely involve integrating advanced diagnostic technologies to further streamline the certification process for its diverse client base.
See full Coastal Tank & Testing company page
