How Much Did Pat Tank Raise?
Funding & Key Investors

Pat Tank, a cornerstone of the Gulf Coast industrial infrastructure sector, has successfully secured significant capital to bolster its operational capacity. With a cumulative financial backing reaching $2.5M, the firm continues to solidify its market presence. The most recent strategic investment of $1.5M underscores the company's ongoing commitment to scaling its specialized services in the petroleum, chemical, and power generation sectors. This infusion of capital serves as a testament to the firm's enduring legacy and its critical role in maintaining essential storage tank assets across the United States.

What is Pat Tank?

Pat Tank
ManufacturingIndustrial Machinery & EquipmentConstruction

Headquartered in Port Arthur, Texas, Pat Tank, Inc. operates as a vertically integrated steel fabricator and contractor with a history dating back to 1945. The company specializes in the comprehensive lifecycle management of aboveground storage tanks, offering services that range from new construction and retrofitting to complex repair and seal installation. By maintaining a focus on safety, quality, and technical precision, Pat Tank has established itself as a vital partner for organizations within the agriculture, chemical, and energy industries. Its ability to provide end-to-end solutions in a highly regulated environment distinguishes it as a leader in industrial infrastructure maintenance and development.

How much funding has Pat Tank raised?

Pat Tank has raised a total of $2.5M across 2 funding rounds:

2020

Debt

$1M

2021

Debt

$1.5M

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

Debt (2021): $1.5M led by PPP

Key Investors in Pat Tank

PPP

Public-Private Partnership

What's next for Pat Tank?

Looking ahead, the recent capital injection positions Pat Tank to further optimize its fabrication capabilities and expand its service footprint. As the industrial sector faces increasing demands for infrastructure modernization and regulatory compliance, the company is well-equipped to leverage its deep technical expertise to capture additional market share. Future strategic initiatives will likely focus on enhancing operational efficiencies and integrating advanced fabrication technologies to meet the evolving needs of its diverse client base. By maintaining its focus on high-quality, reliable tank solutions, Pat Tank is poised to sustain its growth trajectory and reinforce its reputation as a premier provider of industrial storage infrastructure.

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Frequently Asked Questions Regarding Pat Tank Financial Insights

What are the most recent funding rounds that Pat Tank has completed, and what were the funding rounds?
Pat Tank has recently completed 2 funding rounds: Debt on Feb 25, 2021, Debt on Apr 13, 2020.
What is the total amount of funding Pat Tank has raised to date?
Pat Tank has raised a total of $2.5M in funding to date.
How many funding rounds has Pat Tank completed?
Pat Tank has completed 2 funding rounds.
How much funding did Pat Tank raise in its most recent funding round?
Pat Tank raised $1.5M in its most recent funding round.
Who are the lead investors in Pat Tank's latest funding round?
The lead investor in Pat Tank'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 Pat Tank's history?
The largest funding round in Pat Tank's history was $1.5M.
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