How Much Did ProGas Raise?
Funding & Key Investors

ProGas, a provider of comprehensive propane services for residential and commercial customers in Michigan, has secured $150K in total capital. The company recently announced a major strategic investment, bringing its recent funding amount to $150K. This latest financing round underscores ProGas's established presence and strategic importance within the energy distribution sector.

What is ProGas?

ProGas
RetailConvenience Stores, Gas Stations & Liquor Stores

ProGas Home Autore Oil & Propane specializes in delivering a wide array of propane solutions, including refills, autogas, and industrial gas. The company also offers essential services such as temporary heating and air quality control, prioritizing customer comfort and safety with a commitment to 24/7 support for automatic delivery clients. Their operational focus is on building a robust customer base through professional and exceptional service delivery in the Michigan market.

How much funding has ProGas raised?

ProGas has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

Key Investors in ProGas

PPP

Public-Private Partnership

What's next for ProGas?

The substantial capital infusion, particularly the recent strategic investment, positions ProGas for significant expansion and operational enhancement. As a company operating in a large-scale, late-stage funding environment, ProGas is likely to leverage this backing to fortify its market position, potentially through infrastructure upgrades, service area expansion, or strategic acquisitions. The emphasis on strategic investment suggests a focus on long-term growth and market consolidation within the propane and energy services industry.

See full ProGas company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Retail industry

Flowers, Gifts & Specialty StoresRetailDepartment Stores, Shopping Centers & Superstores
Convenience Stores, Gas Stations & Liquor StoresRetailAuctions
Apparel & Accessories RetailRetail
Automobile Parts StoresRetail

Frequently Asked Questions Regarding ProGas Financial Insights

What are the most recent funding rounds that ProGas has completed, and what were the funding rounds?
ProGas has recently completed 1 funding rounds: Debt on Apr 11, 2020.
What is the total amount of funding ProGas has raised to date?
ProGas has raised a total of $150K in funding to date.
How many funding rounds has ProGas completed?
ProGas has completed 1 funding rounds.
How much funding did ProGas raise in its most recent funding round?
ProGas raised $150K in its most recent funding round.
Who are the lead investors in ProGas's latest funding round?
The lead investor in ProGas'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 ProGas's history?
The largest funding round in ProGas's history was $150K.
See more information about ProGas