What is Fleet-Lube?
Fleet-Lube specializes in providing reliable, tech-enabled fuel supply solutions across North America. Their comprehensive offerings include diesel, gasoline, lubricants, DEF, waste disposal, biofuels, and kerosene, all designed to support the demanding operational needs of fleet businesses. Leveraging the substantial purchasing power of Mansfield Service Partners, Fleet-Lube ensures a consistent and dependable fuel supply chain for its clientele, addressing complex fuel and lubrication challenges.
How much funding has Fleet-Lube raised?
Fleet-Lube has raised a total of $862K across 2 funding rounds:
Debt
$350K
Debt
$512K
Debt (2020): $350K with participation from PPP
Debt (2021): $512K led by PPP
Key Investors in Fleet-Lube
PPP
Public-Private Partnership
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Fleet-Lube?
The recent major strategic investment indicates a phase of accelerated growth and operational expansion for Fleet-Lube, likely aimed at enhancing its service network and technological capabilities. This infusion of capital, coupled with the integration into Mansfield Service Partners, positions Fleet-Lube to further solidify its market presence and potentially explore new service verticals or geographic markets. The company's focus on reliable fuel supply for fleets suggests continued demand driven by logistics and transportation sector needs.
See full Fleet-Lube company page