How Much Did Precise Transport Raise?
Funding & Key Investors

Precise Transport has solidified its position within the energy logistics sector, securing a total capital infusion of $728K to bolster its operational capabilities. This trajectory of financial backing, highlighted by a recent strategic investment of $378K, underscores the company's critical role in supporting the complex supply chain requirements of the United States shale industry. By leveraging significant debt financing, the firm has successfully scaled its infrastructure to meet the rigorous demands of high-volume oilfield operations.

What is Precise Transport?

Precise Transport
TransportationFreight & Logistics ServicesTrucking, Moving & Storage

Precise Transport operates as a specialized logistics provider, focusing primarily on the intricate requirements of frac sand delivery within major shale plays. The company distinguishes itself through a proprietary bottom-drop delivery methodology, which enhances efficiency and safety in high-stakes environments. By maintaining a 24/7 dispatch model and a highly scalable fleet, the organization provides essential support to energy producers who require precision and reliability. As a family-owned enterprise, Precise Transport integrates a culture of accountability with industrial-grade logistics management, ensuring that its service delivery remains consistent across diverse and challenging geographic regions.

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

What's next for Precise Transport?

With the recent influx of capital, Precise Transport is well-positioned to optimize its fleet utilization and expand its footprint in key energy corridors. The strategic deployment of these funds will likely focus on enhancing technological integration within its dispatch systems and further hardening its safety protocols to maintain a competitive edge in the logistics market. As the energy sector continues to evolve, the company's ability to provide tailored, scalable solutions will be paramount in securing long-term partnerships with major shale operators. Future growth will likely hinge on the firm's capacity to balance its family-owned operational ethos with the increasing demands of large-scale industrial logistics management.

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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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