How Much Did Pinnacle Petroleum Raise?
Funding & Key Investors

Pinnacle Petroleum, a certified woman-owned business providing comprehensive fuel products and services across the United States, has secured $507K in total capital. The company recently announced a major strategic investment, bringing its recent funding to $357K. This significant backing underscores Pinnacle Petroleum's established presence and ongoing growth within the energy sector.

What is Pinnacle Petroleum?

Pinnacle Petroleum
RetailConvenience Stores, Gas Stations & Liquor Stores

Pinnacle Petroleum, Inc. operates as a multifaceted provider of fuel products and related services nationwide. The company's offerings encompass fuel procurement, inventory management, lubricants, and fleet card services, all delivered with a focus on quality and competitive pricing. Demonstrating a commitment to innovation, Pinnacle Petroleum is also expanding its propane supply in California and developing tailored fuel solutions to meet diverse client requirements. Their core mission revolves around enhancing efficiency and driving savings for their clientele through effective fuel management strategies.

How much funding has Pinnacle Petroleum raised?

Pinnacle Petroleum has raised a total of $507K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$357K

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

Debt (2021): $357K led by PPP

Key Investors in Pinnacle Petroleum

PPP

Public-Private Partnership

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Pinnacle Petroleum?

The recent major strategic investment signifies a pivotal moment for Pinnacle Petroleum, likely indicating a phase of accelerated scaling and market expansion. This capital infusion is expected to bolster the company's operational capabilities, potentially enabling further diversification of its service portfolio and geographic reach. The focus on innovative fuel solutions and propane supply suggests a strategic push into emerging energy markets and a commitment to sustainability. Pinnacle Petroleum is poised to leverage this financial momentum to solidify its position as a leader in the fuel services industry.

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Frequently Asked Questions Regarding Pinnacle Petroleum Financial Insights

What are the most recent funding rounds that Pinnacle Petroleum has completed, and what were the funding rounds?
Pinnacle Petroleum has recently completed 2 funding rounds: Debt on Jan 23, 2021, Debt on Apr 6, 2020.
What is the total amount of funding Pinnacle Petroleum has raised to date?
Pinnacle Petroleum has raised a total of $507K in funding to date.
How many funding rounds has Pinnacle Petroleum completed?
Pinnacle Petroleum has completed 2 funding rounds.
How much funding did Pinnacle Petroleum raise in its most recent funding round?
Pinnacle Petroleum raised $357K in its most recent funding round.
Who are the lead investors in Pinnacle Petroleum's latest funding round?
The lead investor in Pinnacle Petroleum'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 Pinnacle Petroleum's history?
The largest funding round in Pinnacle Petroleum's history was $357K.
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