How Much Did Petroleum Express Raise?
Funding & Key Investors

Petroleum Express has secured $350K in total capital, with its most recent financing round bringing in $350K. This major strategic investment underscores the company's established position in the energy logistics sector.

What is Petroleum Express?

Petroleum Express
TransportationFreight & Logistics ServicesTrucking, Moving & Storage

Petroleum Express specializes in the dependable delivery of refined petroleum products, including gasoline, diesel, and ethanol, across Houston, TX. The company leverages advanced technologies such as GPS tracking and a sophisticated dispatching system to ensure operational efficiency and safety in its fuel transportation services. Recognizing the demand for skilled professionals, Petroleum Express is actively recruiting drivers for various fuel transport roles, offering a robust career path within the industry. Their commitment to a 24/7 service model highlights their dedication to meeting diverse client needs in fuel logistics.

How much funding has Petroleum Express raised?

Petroleum Express has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

What's next for Petroleum Express?

The recent major strategic investment signals a period of significant growth and potential expansion for Petroleum Express. This capital infusion is likely to bolster their operational capabilities, potentially enabling fleet expansion, technology upgrades, or market penetration into new territories. The company's focus on hiring drivers indicates a strategic move to scale operations in response to increased demand or to support new service offerings. As Petroleum Express continues to navigate the dynamic energy market, this backing positions them for enhanced service delivery and sustained development in the fuel transportation industry.

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Frequently Asked Questions Regarding Petroleum Express Financial Insights

What are the most recent funding rounds that Petroleum Express has completed, and what were the funding rounds?
Petroleum Express has recently completed 1 funding rounds: Debt on Apr 15, 2020.
What is the total amount of funding Petroleum Express has raised to date?
Petroleum Express has raised a total of $350K in funding to date.
How many funding rounds has Petroleum Express completed?
Petroleum Express has completed 1 funding rounds.
How much funding did Petroleum Express raise in its most recent funding round?
Petroleum Express raised $350K in its most recent funding round.
Who are the lead investors in Petroleum Express's latest funding round?
The lead investor in Petroleum Express'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 Petroleum Express's history?
The largest funding round in Petroleum Express's history was $350K.
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