How Much Did Fleet-Lube Raise?
Funding & Key Investors

Fleet-Lube, now integrated with Mansfield Service Partners, has secured significant enterprise-level funding, with a total capital infusion of $862K. The company recently closed a major strategic investment of $512K, underscoring its critical role in North American fleet fuel supply. This recent backing highlights a period of substantial financial activity for the fuel logistics provider.

What is Fleet-Lube?

Fleet-Lube
Energy, Utilities & WasteElectricity, Oil & GasConvenience Stores, Gas Stations & Liquor Stores

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:

2020

Debt

$350K

2021

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
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Energy, Utilities & Waste industry

Electricity, Oil & GasEnergy, Utilities & WasteArchitecture, Engineering & DesignCivil Engineering ConstructionConstruction ManagementConstruction
Energy, Utilities & WasteWaste Treatment, Environmental Services & RecyclingAuctionsRetail
Energy, Utilities & WasteWaste Treatment, Environmental Services & Recycling
Electricity, Oil & GasEnergy, Utilities & Waste

Frequently Asked Questions Regarding Fleet-Lube Financial Insights

What are the most recent funding rounds that Fleet-Lube has completed, and what were the funding rounds?
Fleet-Lube has recently completed 2 funding rounds: Debt on Jan 16, 2021, Debt on Apr 6, 2020.
What is the total amount of funding Fleet-Lube has raised to date?
Fleet-Lube has raised a total of $862K in funding to date.
How many funding rounds has Fleet-Lube completed?
Fleet-Lube has completed 2 funding rounds.
How much funding did Fleet-Lube raise in its most recent funding round?
Fleet-Lube raised $512K in its most recent funding round.
Who are the lead investors in Fleet-Lube's latest funding round?
The lead investor in Fleet-Lube'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 Fleet-Lube's history?
The largest funding round in Fleet-Lube's history was $512K.
See more information about Fleet-Lube