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How Much Did ProFlow Raise?
Funding & Key Investors

ProFlow, a company specializing in flowback and well testing services for major oil basins and shale plays across the United States, has secured significant enterprise-level funding. The total capital raised to date stands at $808K, with a recent strategic investment of $458K bolstering its operational capacity. This latest financing round underscores the company's strategic importance in the energy sector.

What is ProFlow?

ProFlow
Energy, Utilities & WasteOil & Gas Exploration & ServicesBusiness Services

ProFlow operates within the critical upstream segment of the oil and gas industry, providing essential flowback and well testing services. These services are vital for optimizing production and ensuring the efficient extraction of resources from oil basins and shale plays. The company's extensive reach across the United States highlights its established presence and capability to serve diverse geological formations and operational demands within the energy market.

How much funding has ProFlow raised?

ProFlow has raised a total of $808K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$458K

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

Debt (2021): $458K led by PPP

Key Investors in ProFlow

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for ProFlow?

The substantial enterprise-level funding and recent strategic investment signal a period of accelerated growth and potential expansion for ProFlow. This capital infusion is likely to be directed towards enhancing service capabilities, expanding operational fleets, and potentially investing in new technologies to improve efficiency and safety in well testing and flowback operations. The company is well-positioned to capitalize on market opportunities and solidify its leadership in key oil-producing regions.

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Frequently Asked Questions Regarding ProFlow Financial Insights

What are the most recent funding rounds that ProFlow has completed, and what were the funding rounds?
ProFlow has recently completed 2 funding rounds: Debt on Jan 28, 2021, Debt on Apr 7, 2020. What is the total amount of funding ProFlow has raised to date?
ProFlow has raised a total of $808K in funding to date. How many funding rounds has ProFlow completed?
ProFlow has completed 2 funding rounds. How much funding did ProFlow raise in its most recent funding round?
ProFlow raised $458K in its most recent funding round. Who are the lead investors in ProFlow's latest funding round?
The lead investor in ProFlow'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 ProFlow's history?
The largest funding round in ProFlow's history was $458K.
See more information about ProFlow

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