How Much Did SST Oil Raise?
Funding & Key Investors

SST Oil, a cornerstone of the Northern California energy infrastructure, has successfully secured a major strategic investment, bringing its total capital accumulation to $350K. This latest infusion of $350K underscores the firm's enduring relevance in the regional fuel distribution market, providing the necessary liquidity to modernize its logistics network and expand its service footprint across the Pacific Northwest.

The financing round, finalized in mid-2020, represents a pivotal moment for the organization as it transitions from a traditional regional supplier to a more technologically integrated energy logistics provider. By leveraging this capital, SST Oil aims to fortify its position within the Commercial Fueling Network, ensuring that its transport division remains competitive in an increasingly digitized energy landscape.

What is SST Oil?

SST Oil
Energy, Utilities & WasteElectricity, Oil & GasTransportation

Founded in 1967 as Shasta-Siskiyou Transport, SST Oil has evolved from a local fuel distributor into a comprehensive energy services provider. The company maintains a robust operational presence across California, Oregon, Idaho, and Nevada, specializing in the delivery of diesel, gasoline, and kerosene to a diverse clientele ranging from agricultural operations to commercial truck stops. Beyond fuel logistics, the firm provides specialized maintenance and installation services for heating systems, cementing its role as a critical utility partner for residential and commercial sectors alike. Its long-standing membership in the Commercial Fueling Network allows it to offer seamless, card-activated fueling solutions across thousands of locations, demonstrating a sophisticated approach to modern fuel management.

How much funding has SST Oil raised?

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

2020

Debt

$350K

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

Key Investors in SST Oil

PPP

Public-Private Partnership

What's next for SST Oil?

With the recent capital injection, SST Oil is positioned to optimize its supply chain efficiency and enhance its digital service offerings. The strategic focus will likely center on upgrading its transport fleet to meet modern environmental standards while expanding its reach within the Commercial Fueling Network. As the energy sector faces pressure to diversify, SST Oil's deep-rooted expertise in fuel transportation provides a stable foundation for potential pivots into alternative energy logistics or further consolidation of its regional market share. The company's ability to maintain service continuity for over five decades suggests a resilient business model capable of navigating the complexities of late-stage market scaling.

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Frequently Asked Questions Regarding SST Oil Financial Insights

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