How Much Did Precise Transport Raise?
Funding & Key Investors

Precise Transport has secured $728K in total capital, with its most recent financing round bringing in $378K through a major strategic investment. This significant backing underscores the company's established presence and growth trajectory within the specialized oilfield logistics sector.

The company's financial history includes prior debt financing rounds, indicating a consistent approach to capital management as it scales its operations and fleet support.

What is Precise Transport?

Precise Transport
TransportationFreight & Logistics ServicesTrucking, Moving & Storage

Precise Transport is a specialized provider of custom oilfield logistics solutions, with a particular focus on frac sand delivery for clients operating within the United States' shale plays. The company distinguishes itself through its innovative bottom-drop frac sand delivery method, offering 24/7 dispatch services and scalable fleet support. As a family-owned business, Precise Transport emphasizes safety, efficiency, and strong client partnerships, aiming to deliver tailored logistics management that addresses the dynamic needs of the energy sector. Its operational ethos is built on teamwork, integrity, and accountability.

How much funding has Precise Transport raised?

Precise Transport has raised a total of $728K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$378K

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

Debt (2021): $378K led by PPP

Key Investors in Precise Transport

PPP

Public-Private Partnership

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Precise Transport?

The recent major strategic investment signals a pivotal moment for Precise Transport, likely enabling further expansion of its fleet, enhancement of its proprietary delivery technologies, and broader market penetration. This capital infusion is expected to bolster its capacity to serve a growing client base and solidify its competitive advantage in the demanding oilfield services industry. The company's focus on efficiency and safety, coupled with its scalable model, positions it for sustained growth and operational excellence.

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Frequently Asked Questions Regarding Precise Transport Financial Insights

What are the most recent funding rounds that Precise Transport has completed, and what were the funding rounds?
Precise Transport has recently completed 2 funding rounds: Debt on Jan 28, 2021, Debt on Apr 28, 2020.
What is the total amount of funding Precise Transport has raised to date?
Precise Transport has raised a total of $728K in funding to date.
How many funding rounds has Precise Transport completed?
Precise Transport has completed 2 funding rounds.
How much funding did Precise Transport raise in its most recent funding round?
Precise Transport raised $378K in its most recent funding round.
Who are the lead investors in Precise Transport's latest funding round?
The lead investor in Precise Transport'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 Precise Transport's history?
The largest funding round in Precise Transport's history was $378K.
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