How Much Did Discovery Tank Testing Raise?
Funding & Key Investors

Discovery Tank Testing has successfully secured a significant capital injection, bringing its total funding to $150K. This latest major strategic investment of $150K underscores the firm's critical role in the petroleum infrastructure sector. By leveraging this financial backing, the company is positioned to solidify its market presence and enhance its operational capacity within the highly regulated storage tank testing industry.

What is Discovery Tank Testing?

Discovery Tank Testing
Business ServicesCall Centers & Business CentersConsumer Services

Discovery Tank Testing, Inc. operates as a specialized service provider focused on the rigorous compliance and safety testing of petroleum storage systems. Headquartered in South Florida, the firm serves a diverse clientele ranging from major regional jobbers to independently owned fueling stations. Their technical portfolio includes precision underground tank testing, helium pinpoint leak detection, and hydrostatic line validation. By maintaining a team of licensed technicians and utilizing advanced diagnostic equipment, the company ensures that its clients meet stringent environmental and safety standards, effectively mitigating the risks associated with fuel storage and distribution infrastructure.

How much funding has Discovery Tank Testing raised?

Discovery Tank Testing has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

Key Investors in Discovery Tank Testing

PPP

Public-Private Partnership

What's next for Discovery Tank Testing?

With the infusion of capital from this late-stage financing round, Discovery Tank Testing is poised to scale its service delivery model and potentially expand its geographic footprint beyond its current Florida stronghold. The strategic allocation of these funds will likely prioritize the acquisition of next-generation testing technology and the expansion of its technical workforce to meet increasing regulatory demands. As the energy sector continues to emphasize environmental stewardship and infrastructure integrity, the company is well-positioned to capture additional market share by providing essential compliance services that protect both the environment and the operational continuity of its clients.

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Frequently Asked Questions Regarding Discovery Tank Testing Financial Insights

What are the most recent funding rounds that Discovery Tank Testing has completed, and what were the funding rounds?
Discovery Tank Testing has recently completed 1 funding rounds: Debt on May 6, 2020.
What is the total amount of funding Discovery Tank Testing has raised to date?
Discovery Tank Testing has raised a total of $150K in funding to date.
How many funding rounds has Discovery Tank Testing completed?
Discovery Tank Testing has completed 1 funding rounds.
How much funding did Discovery Tank Testing raise in its most recent funding round?
Discovery Tank Testing raised $150K in its most recent funding round.
Who are the lead investors in Discovery Tank Testing's latest funding round?
The lead investor in Discovery Tank Testing'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 Discovery Tank Testing's history?
The largest funding round in Discovery Tank Testing's history was $150K.
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