How Much Did State Line Propane Raise?
Funding & Key Investors

State Line Propane, a provider of propane and oil delivery services, has secured $150K in a major strategic investment, contributing to its total funding of $150K. This significant capital infusion underscores the company's established presence and its strategic positioning within the energy distribution sector.

What is State Line Propane?

State Line Propane
RetailConvenience Stores, Gas Stations & Liquor StoresTransportation

Based in Granby, Connecticut, State Line Propane & Oil has been a cornerstone in providing essential propane and oil delivery services to residential and commercial clients across Central Connecticut and Western Massachusetts for over six decades. The company distinguishes itself through a comprehensive approach to heating and cooling solutions, offering not only reliable delivery but also custom HVAC installations and round-the-clock emergency services. Their commitment to customer satisfaction and safety is further evidenced by flexible payment options and the adoption of advanced industry technologies, solidifying their reputation for professionalism and dependability in the communities they serve.

How much funding has State Line Propane raised?

State Line Propane has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

Key Investors in State Line Propane

PPP

Public-Private Partnership

What's next for State Line Propane?

The recent strategic investment signals a pivotal moment for State Line Propane, likely enabling accelerated expansion and operational enhancements. This capital injection is expected to fuel growth initiatives, potentially including service area enlargement, technological upgrades to delivery logistics, and the broadening of their HVAC service portfolio. As a company with a long-standing history and a focus on community needs, this financing will be instrumental in reinforcing its market leadership and adapting to evolving energy demands.

See full State Line Propane company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Retail industry

Automobile Parts StoresRetailManufacturingTires & RubberFreight & Logistics ServicesTransportation
Grocery RetailRetailFreight & Logistics ServicesTransportation
Department Stores, Shopping Centers & SuperstoresRetailHousehold GoodsManufacturing
Grocery RetailRetail

Frequently Asked Questions Regarding State Line Propane Financial Insights

What are the most recent funding rounds that State Line Propane has completed, and what were the funding rounds?
State Line Propane has recently completed 1 funding rounds: Debt on Apr 7, 2020.
What is the total amount of funding State Line Propane has raised to date?
State Line Propane has raised a total of $150K in funding to date.
How many funding rounds has State Line Propane completed?
State Line Propane has completed 1 funding rounds.
How much funding did State Line Propane raise in its most recent funding round?
State Line Propane raised $150K in its most recent funding round.
Who are the lead investors in State Line Propane's latest funding round?
The lead investor in State Line Propane'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 State Line Propane's history?
The largest funding round in State Line Propane's history was $150K.
See more information about State Line Propane