How Much Did ProPart Raise?
Funding & Key Investors

ProPart, a global provider of pumps and parts, has secured significant capital, with total funding reaching $150K. The company recently announced a major strategic investment of $150K, underscoring its established position in the industrial equipment sector. This latest financing round signifies a critical juncture for ProPart, likely aimed at bolstering its extensive inventory and global distribution network.

What is ProPart?

ProPart
ManufacturingIndustrial Machinery & EquipmentRetail

Established in 1989 and headquartered in Austin, TX, ProPart has cultivated a strong reputation as a preferred vendor for a diverse range of industries worldwide. The company specializes in alloy replacement pumps and parts, serving sectors such as pulp and paper, chemical, petrochemical, power generation, mining, and irrigation. With over 100,000 pump parts in stock and ready for immediate global shipment, ProPart positions itself as a single-source solution for fluid handling needs, offering special rush emergency shipments to ensure operational continuity for its clients.

How much funding has ProPart raised?

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

2020

Debt

$150K

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

What's next for ProPart?

The recent major strategic investment, contextualized within ProPart's large-scale late-stage funding, suggests a focus on expanding operational capacity and potentially enhancing its global reach. This capital infusion is likely to support ProPart's strategy of maintaining a vast stock of critical components and improving logistics for rapid delivery. The company's emphasis on alloy replacement parts indicates a commitment to serving industries with demanding fluid handling requirements, positioning it for sustained growth and market leadership in specialized equipment supply.

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Frequently Asked Questions Regarding ProPart Financial Insights

What are the most recent funding rounds that ProPart has completed, and what were the funding rounds?
ProPart has recently completed 1 funding rounds: Debt on Apr 29, 2020.
What is the total amount of funding ProPart has raised to date?
ProPart has raised a total of $150K in funding to date.
How many funding rounds has ProPart completed?
ProPart has completed 1 funding rounds.
How much funding did ProPart raise in its most recent funding round?
ProPart raised $150K in its most recent funding round.
Who are the lead investors in ProPart's latest funding round?
The lead investor in ProPart'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 ProPart's history?
The largest funding round in ProPart's history was $150K.
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