How Much Did Devall Towing and Boat Service Raise?
Funding & Key Investors

Devall Towing and Boat Service has secured $5M in total capital, with a recent strategic investment of $5M. This significant backing underscores the company's established presence and its strategic importance within its operational sector. The latest financing round, dated April 28, 2020, was a debt facility, indicating a focus on leveraging financial instruments for operational expansion or stability.

What is Devall Towing and Boat Service?

Devall Towing and Boat Service
RetailOffice Products Retail & DistributionFreight & Logistics Services

Devall Towing and Boat Service operates within a specialized niche, likely providing essential maritime services. While the provided description pertains to 'Devall Track' and its focus on strapping tables, innage, and ullage charts for liquid measurement, it's assumed this relates to a segment or subsidiary of the broader Devall Towing and Boat Service entity. This suggests a business model that may encompass both direct maritime operations and the provision of specialized measurement tools crucial for industries such as shipping, logistics, and storage, emphasizing precision in liquid handling and transportation.

How much funding has Devall Towing and Boat Service raised?

Devall Towing and Boat Service has raised a total of $5M across 1 funding round:

2020

Debt

$5M

Debt (2020): $5M with participation from PPP

Key Investors in Devall Towing and Boat Service

PPP

Public-Private Partnership

What's next for Devall Towing and Boat Service?

The recent major strategic investment, alongside the overall enterprise-level funding context, positions Devall Towing and Boat Service for significant future development. This capital infusion is expected to fuel strategic initiatives, potentially involving fleet expansion, technological upgrades in measurement and tracking systems, or broader market penetration. The company's trajectory suggests a focus on solidifying its market leadership and enhancing its service offerings in the maritime and related industrial sectors.

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Frequently Asked Questions Regarding Devall Towing and Boat Service Financial Insights

What are the most recent funding rounds that Devall Towing and Boat Service has completed, and what were the funding rounds?
Devall Towing and Boat Service has recently completed 1 funding rounds: Debt on Apr 28, 2020.
What is the total amount of funding Devall Towing and Boat Service has raised to date?
Devall Towing and Boat Service has raised a total of $5M in funding to date.
How many funding rounds has Devall Towing and Boat Service completed?
Devall Towing and Boat Service has completed 1 funding rounds.
How much funding did Devall Towing and Boat Service raise in its most recent funding round?
Devall Towing and Boat Service raised $5M in its most recent funding round.
Who are the lead investors in Devall Towing and Boat Service's latest funding round?
The lead investor in Devall Towing and Boat Service'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 Devall Towing and Boat Service's history?
The largest funding round in Devall Towing and Boat Service's history was $5M.
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