How Much Did Spade Raise?
Funding & Key Investors

Spade Corporation has secured significant capital, with total funding reaching $150K. The company recently announced a major strategic investment of $150K, underscoring its robust financial standing and growth trajectory in the petroleum construction and maintenance sector. This latest financing round signals a period of accelerated development and market expansion for the established industry player.

What is Spade?

Spade
ConstructionCivil Engineering Construction

Founded in 1969 as Spade Pipeline and later incorporated as Spade Corporation in 1987, Spade has evolved into a comprehensive petroleum construction and maintenance organization. The company offers a wide array of services, from turn-key projects to routine maintenance and emergency response, serving the nation's major oil companies. Spade emphasizes providing reliable, comprehensive services with personal integrity, fostering long-term client relationships and adapting to industry changes to ensure a safe and responsible working environment.

How much funding has Spade raised?

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

2020

Debt

$150K

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

What's next for Spade?

With its large-scale late-stage funding context and a recent major strategic investment, Spade Corporation is poised for significant advancements. This capital infusion is expected to fuel further expansion of its service offerings, enhance operational capabilities, and potentially explore new market segments within the petroleum and petrochemical industries. The company's commitment to adapting to industry needs suggests a strategic focus on innovation and sustained growth, reinforcing its position as a key partner for major oil corporations.

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Frequently Asked Questions Regarding Spade Financial Insights

What are the most recent funding rounds that Spade has completed, and what were the funding rounds?
Spade has recently completed 1 funding rounds: Debt on Apr 28, 2020.
What is the total amount of funding Spade has raised to date?
Spade has raised a total of $150K in funding to date.
How many funding rounds has Spade completed?
Spade has completed 1 funding rounds.
How much funding did Spade raise in its most recent funding round?
Spade raised $150K in its most recent funding round.
Who are the lead investors in Spade's latest funding round?
The lead investor in Spade'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 Spade's history?
The largest funding round in Spade's history was $150K.
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