How Much Did Manhattan Propane Raise?
Funding & Key Investors

Manhattan Propane has secured $52K in total capital, with a recent infusion of $52K designated for substantial expansion. This financing round, occurring on March 12, 2021, signifies a critical growth phase for the company, likely aligning with a Series B or C stage of development. The capital injection is poised to accelerate Manhattan Propane's strategic objectives in the competitive New York metropolitan area.

What is Manhattan Propane?

Manhattan Propane
RetailConvenience Stores, Gas Stations & Liquor StoresTransportation

Manhattan Propane operates as a premier provider of propane exchange services across New York City and Long Island. The company specializes in a convenient cylinder delivery and exchange program, ensuring residential and commercial clients have consistent access to professionally inspected and leak-tested propane tanks. Their service model is particularly beneficial for commercial entities utilizing portable grills, patio heaters, and insect control devices, offering reliable, seven-day-a-week delivery from strategic locations in Brooklyn, Queens, and Manhattan. The company's focus on safety and convenience positions it as a key player in the regional energy distribution market.

How much funding has Manhattan Propane raised?

Manhattan Propane has raised a total of $52K across 1 funding round:

2021

Debt

$52K

Debt (2021): $52K with participation from PPP

Key Investors in Manhattan Propane

PPP

Public-Private Partnership

What's next for Manhattan Propane?

With the recent substantial expansion capital, Manhattan Propane is strategically positioned to enhance its operational footprint and service capabilities. This funding is expected to fuel initiatives aimed at expanding delivery routes, optimizing logistics, and potentially increasing cylinder inventory to meet growing demand. The company's trajectory suggests a continued focus on solidifying its market leadership through service excellence and reliable propane supply, leveraging this investment to drive sustained growth and customer acquisition in its core service areas.

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Frequently Asked Questions Regarding Manhattan Propane Financial Insights

What are the most recent funding rounds that Manhattan Propane has completed, and what were the funding rounds?
Manhattan Propane has recently completed 1 funding rounds: Debt on Mar 12, 2021.
What is the total amount of funding Manhattan Propane has raised to date?
Manhattan Propane has raised a total of $52K in funding to date.
How many funding rounds has Manhattan Propane completed?
Manhattan Propane has completed 1 funding rounds.
How much funding did Manhattan Propane raise in its most recent funding round?
Manhattan Propane raised $52K in its most recent funding round.
Who are the lead investors in Manhattan Propane's latest funding round?
The lead investor in Manhattan Propane'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 Manhattan Propane's history?
The largest funding round in Manhattan Propane's history was $52K.
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