What is Eli Roberts & Sons?
Founded in 1958 and family-owned, Eli Roberts & Sons operates as a premier petroleum distributor and diesel fuel supplier based in Tallahassee, Florida. The company offers a comprehensive suite of products, including diesel fuel, gasoline, racing fuels, and lubricants, alongside fuel storage solutions. Serving a diverse clientele across commercial, agricultural, industrial, municipal, and retail sectors, Eli Roberts & Sons is particularly recognized for its fleet fueling and emergency services. Their commitment to customer service and reliability is a cornerstone of their operations, providing 24/7 support to meet client demands.
How much funding has Eli Roberts & Sons raised?
Eli Roberts & Sons has raised a total of $305K across 2 funding rounds:
Debt
$150K
Debt
$155K
Debt (2020): $150K with participation from PPP
Debt (2021): $155K led by PPP
Key Investors in Eli Roberts & Sons
PPP
Public-Private Partnership
PPP
Public-Private Partnership
Undisclosed investor
Undisclosed investor participating in the funding round, likely providing essential capital for strategic initiatives.
What's next for Eli Roberts & Sons?
With a substantial total funding amount of $305K and a recent strategic investment of $155K, Eli Roberts & Sons is positioned for continued growth and operational enhancement. The company's late-stage funding context suggests a focus on scaling existing operations, potentially expanding its service area, or investing in infrastructure to maintain its competitive edge in the petroleum distribution sector. This capital will likely support fleet modernization, enhanced logistical capabilities, and continued provision of critical fuel and lubricant services to its established customer base.
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