How Much Did Manhattan Propane Raise?
Funding & Key Investors

Manhattan Propane has successfully secured a significant capital injection, bringing its total funding to $52K. This latest financing round, which accounts for $52K, underscores the company's robust position within the competitive New York City energy distribution market. By leveraging this substantial expansion capital, the firm is poised to solidify its operational footprint across the metropolitan area, ensuring consistent supply chain reliability for its growing base of residential and commercial clients.

What is Manhattan Propane?

Manhattan Propane
RetailConvenience Stores, Gas Stations & Liquor StoresTransportation

Headquartered in the heart of the region, Manhattan Propane operates as a specialized logistics and utility provider, facilitating the safe exchange and delivery of propane cylinders. The company addresses a critical niche in the urban energy sector by providing a seamless, leak-tested, and professionally inspected cylinder swap program. Their service model is uniquely tailored to the high-density requirements of New York City and Long Island, supporting everything from residential grilling needs to large-scale commercial patio heating and insect control infrastructure. By maintaining a seven-day-a-week delivery schedule, the company has established itself as a vital utility partner for businesses and homeowners alike, effectively mitigating the logistical challenges associated with portable gas storage in dense urban environments.

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 influx of capital, Manhattan Propane is strategically positioned to scale its distribution network and enhance its proprietary logistics platform. The company's transition into a more mature growth phase suggests a focus on operational efficiency, potentially through the integration of advanced fleet management technologies and expanded storage capacity. As the firm continues to capture market share in the competitive NYC energy landscape, the focus will likely shift toward optimizing last-mile delivery routes and diversifying its commercial service offerings. This strategic scaling effort is designed to reinforce the company's reputation for reliability while meeting the increasing demand for portable energy solutions in the tri-state area.

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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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