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 through a major strategic investment. This significant backing underscores the company's established position in the fuel transportation sector.

What is Petroleum Express?

Petroleum Express
TransportationFreight & Logistics ServicesTrucking, Moving & Storage

Petroleum Express is a Houston-based enterprise specializing in the dependable delivery of refined petroleum products, including gasoline, diesel, and ethanol. The company emphasizes operational safety and efficiency, leveraging advanced technologies such as GPS tracking and a sophisticated dispatching system to ensure punctual service delivery. Petroleum Express is actively recruiting drivers for its fuel transport operations, offering career opportunities within the industry. Their commitment to a 24/7 dedicated team aims to address the dynamic demands of clients 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 large-scale, late-stage funding indicates a strategic push for expansion and operational enhancement for Petroleum Express. This capital infusion is likely to be directed towards scaling its fleet, enhancing technological infrastructure for greater efficiency, and potentially expanding its service area beyond Houston. The strategic investment suggests a focus on solidifying its market leadership and capitalizing on opportunities within 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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