What is ProFrac?
Founded in 2016 and headquartered in Willow Park, Texas, ProFrac operates within the pressure pumping industry, providing comprehensive solutions that encompass equipment, manufacturing, and distribution services. The company has positioned itself as a solutions provider committed to meeting customer demands in a dynamic market. Its operational base in Texas places it strategically within a hub of energy activity, facilitating its service offerings to a broad customer base.
How much funding has ProFrac raised?
ProFrac has raised a total of $530.8M across 3 funding rounds:
Stock Offering
$288M
Debt
$170M
Stock/Share Issuance
$72.8M
Stock Issuance/Offering (2022): $288M, investors not publicly disclosed
Debt (2023): $170M, investors not publicly disclosed
Stock/Share Issuance (2025): $72.8M, investors not publicly disclosed
What's next for ProFrac?
The recent major strategic investment signals a pivotal moment for ProFrac, likely enabling the company to accelerate its expansion initiatives, enhance its technological capabilities, and solidify its market position. This enterprise-level funding suggests a focus on scaling operations and potentially exploring new service verticals or geographical markets. ProFrac's trajectory indicates a commitment to innovation and operational excellence within the competitive pressure pumping landscape.
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