How Much Did LATX Operations Raise?
Funding & Key Investors

LATX Operations has secured $1.9M in total capital, with its most recent financing round bringing in $851K in a major strategic investment. This enterprise-level funding underscores the company's significant role in the U.S. drilling market.

What is LATX Operations?

LATX Operations
TransportationFreight & Logistics ServicesTrucking, Moving & Storage

LATX Operations is a family-owned enterprise specializing in comprehensive transportation and fluid management services tailored for the U.S. drilling sector. Their service portfolio encompasses fluid containment, transportation, saltwater disposal, and tank rentals, all designed to ensure operations are both efficient and environmentally compliant. The company primarily serves clients in East Texas, North Louisiana, and adjacent regions, providing dependable fluid management solutions. LATX Operations is committed to delivering quality, fostering innovation, and upholding integrity to enhance customer operational efficiency and reduce costs.

How much funding has LATX Operations raised?

LATX Operations has raised a total of $1.9M across 2 funding rounds:

2020

Debt

$1M

2021

Debt

$851K

Debt (2020): $1M with participation from PPP

Debt (2021): $851K led by PPP

Key Investors in LATX Operations

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for LATX Operations?

The recent major strategic investment signals a period of accelerated growth and potential expansion for LATX Operations. This capital infusion is likely to bolster their service capabilities, potentially enabling them to enhance their fleet, expand their operational footprint within key drilling regions, and invest in advanced fluid management technologies. The company's focus on efficiency and environmental responsibility positions it well to capitalize on evolving industry demands and regulatory landscapes, further solidifying its market presence.

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Frequently Asked Questions Regarding LATX Operations Financial Insights

What are the most recent funding rounds that LATX Operations has completed, and what were the funding rounds?
LATX Operations has recently completed 2 funding rounds: Debt on Feb 17, 2021, Debt on Apr 30, 2020.
What is the total amount of funding LATX Operations has raised to date?
LATX Operations has raised a total of $1.9M in funding to date.
How many funding rounds has LATX Operations completed?
LATX Operations has completed 2 funding rounds.
How much funding did LATX Operations raise in its most recent funding round?
LATX Operations raised $851K in its most recent funding round.
Who are the lead investors in LATX Operations's latest funding round?
The lead investor in LATX Operations'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 LATX Operations's history?
The largest funding round in LATX Operations's history was $1M.
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