How Much Did Protanic Raise?
Funding & Key Investors

Protanic, a significant player in compliance testing and tank services, has secured substantial capital, with total funding reaching $350K. The company recently announced a $350K strategic investment, underscoring its robust growth trajectory and market position in the underground storage tank (UST) management sector. This latest financing round signifies a critical juncture for Protanic as it continues to expand its service offerings and geographic reach.

What is Protanic?

Protanic
Business ServicesResearch & DevelopmentConstruction

Protanic specializes in comprehensive compliance testing and tank services, with a core focus on underground storage tank (UST) management. The company provides essential services including regulatory testing, repair, and construction, catering to a diverse clientele that includes fuel stations, corporate entities, and municipalities across Illinois, Wisconsin, and Iowa. Leveraging a substantial team of testers and service technicians, Protanic is adept at delivering rapid assessments and efficient troubleshooting, thereby ensuring clients maintain strict regulatory compliance and operational continuity. Their proactive service model and 24/7 availability establish them as a reliable partner in the environmental services industry.

How much funding has Protanic raised?

Protanic has raised a total of $350K across 1 funding round:

2020

Debt

$350K

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

Key Investors in Protanic

PPP

Public-Private Partnership

What's next for Protanic?

The recent large-scale, late-stage funding positions Protanic for accelerated expansion and enhanced service delivery. This strategic capital infusion is expected to fuel advancements in their UST management solutions, potentially enabling the company to broaden its service portfolio and penetrate new markets. Protanic's focus on regulatory compliance and operational efficiency, coupled with its established presence in key Midwestern states, provides a strong foundation for future growth. The company is poised to further solidify its leadership in the compliance testing and tank services sector, driven by ongoing investment in technology and service capabilities.

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Frequently Asked Questions Regarding Protanic Financial Insights

What are the most recent funding rounds that Protanic has completed, and what were the funding rounds?
Protanic has recently completed 1 funding rounds: Debt on Apr 9, 2020.
What is the total amount of funding Protanic has raised to date?
Protanic has raised a total of $350K in funding to date.
How many funding rounds has Protanic completed?
Protanic has completed 1 funding rounds.
How much funding did Protanic raise in its most recent funding round?
Protanic raised $350K in its most recent funding round.
Who are the lead investors in Protanic's latest funding round?
The lead investor in Protanic'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 Protanic's history?
The largest funding round in Protanic's history was $350K.
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