How Much Did Purgit Raise?
Funding & Key Investors

Purgit has successfully secured a major strategic investment, marking a significant milestone in its corporate trajectory. With a total funding amount reaching $150K, the company is well-positioned to expand its footprint in the critical environmental safety sector. This recent capital injection of $150K underscores investor confidence in the firm's specialized approach to vapor recovery and emission mitigation within the petroleum and chemical industries.

What is Purgit?

Purgit
Energy, Utilities & WasteWaste Treatment, Environmental Services & RecyclingIndustrial Machinery & Equipment

Purgit operates at the intersection of industrial safety and environmental stewardship, providing sophisticated vapor recovery systems and custom degassing solutions. By deploying a highly mobile fleet across North America, the company addresses the complex regulatory and safety requirements of the chemical and petroleum sectors. Their core competencies include cryogenic condensation, nitrogen purging, and advanced flaring services, all designed to facilitate zero-emission operations. As a leader in carbon recovery technology, Purgit serves as a vital partner for organizations striving to meet stringent environmental compliance standards while maintaining operational efficiency in high-stakes industrial environments.

How much funding has Purgit raised?

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

2020

Debt

$150K

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

Key Investors in Purgit

PPP

Public-Private Partnership

What's next for Purgit?

With the infusion of this late-stage capital, Purgit is poised to scale its infrastructure and enhance its technological capabilities. The strategic focus will likely shift toward expanding its mobile fleet capacity and deepening its R&D efforts in carbon recovery and emission control systems. By leveraging this financial backing, the company aims to solidify its market leadership, potentially exploring new geographic territories or diversifying its service offerings to meet the evolving demands of the global energy transition. The firm's commitment to safety and environmental integrity remains the cornerstone of its long-term growth strategy.

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

Additional financial insights in the Energy, Utilities & Waste industry

Energy, Utilities & WasteOil & Gas Exploration & ServicesConvenience Stores, Gas Stations & Liquor StoresRetail
Energy, Utilities & WasteOil & Gas Exploration & Services
Energy, Utilities & WasteWaste Treatment, Environmental Services & RecyclingBusiness ServicesSecurity Information and Event Management (SIEM)Software Testing
Energy, Utilities & WasteOil & Gas Exploration & ServicesBusiness ServicesSoftware Testing

Frequently Asked Questions Regarding Purgit Financial Insights

What are the most recent funding rounds that Purgit has completed, and what were the funding rounds?
Purgit has recently completed 1 funding rounds: Debt on Apr 27, 2020.
What is the total amount of funding Purgit has raised to date?
Purgit has raised a total of $150K in funding to date.
How many funding rounds has Purgit completed?
Purgit has completed 1 funding rounds.
How much funding did Purgit raise in its most recent funding round?
Purgit raised $150K in its most recent funding round.
Who are the lead investors in Purgit's latest funding round?
The lead investor in Purgit'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 Purgit's history?
The largest funding round in Purgit's history was $150K.
See more information about Purgit