How Much Did Mccormix Raise?
Funding & Key Investors

Mccormix Oil Corporation has secured $150K in total capital, with a recent strategic investment of $150K. This significant financing underscores the company's established position in the petroleum distribution sector and its ongoing growth trajectory. The latest funding round, characterized as a major strategic investment, signals confidence from stakeholders in Mccormix's operational capabilities and market reach.

What is Mccormix?

Mccormix
RetailConvenience Stores, Gas Stations & Liquor StoresFreight & Logistics Services

Mccormix Oil Corporation, founded in 1971, is a locally owned petroleum distributor serving Los Angeles, Ventura, Santa Barbara, and San Luis Obispo counties. The company specializes in comprehensive fuel delivery services, on-site fueling solutions, and operates the CFN Cardlock Network. Mccormix Oil provides wholesale and industrial fuels, alongside dedicated fuel and lube delivery, catering to a diverse clientele within the petroleum industry. Their long-standing presence and specialized services highlight a deep understanding of regional energy needs.

How much funding has Mccormix raised?

Mccormix has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

Key Investors in Mccormix

PPP

Public-Private Partnership

What's next for Mccormix?

The substantial late-stage funding positions Mccormix Oil Corporation for significant expansion and strategic initiatives. This capital infusion is expected to bolster its service offerings, potentially enhancing its distribution network and technological infrastructure, such as the CFN Cardlock Network. The company is poised to leverage this investment to solidify its market leadership and explore new avenues for growth within the competitive petroleum distribution landscape, reinforcing its commitment to quality fuels and client service.

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Frequently Asked Questions Regarding Mccormix Financial Insights

What are the most recent funding rounds that Mccormix has completed, and what were the funding rounds?
Mccormix has recently completed 1 funding rounds: Debt on May 1, 2020.
What is the total amount of funding Mccormix has raised to date?
Mccormix has raised a total of $150K in funding to date.
How many funding rounds has Mccormix completed?
Mccormix has completed 1 funding rounds.
How much funding did Mccormix raise in its most recent funding round?
Mccormix raised $150K in its most recent funding round.
Who are the lead investors in Mccormix's latest funding round?
The lead investor in Mccormix'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 Mccormix's history?
The largest funding round in Mccormix's history was $150K.
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