How Much Did Superior Fuel Raise?
Funding & Key Investors

Superior Fuel has successfully secured a significant capital injection, bringing its total cumulative financing to $1.1M. This latest infusion, characterized as a $786K strategic investment, underscores the company's robust position within the energy distribution sector. By leveraging debt-based financing instruments, the firm continues to fortify its balance sheet to support large-scale operational requirements and infrastructure development.

What is Superior Fuel?

Superior Fuel
RetailConvenience Stores, Gas Stations & Liquor Stores

Superior Fuel operates as a specialized provider of essential energy solutions, focusing primarily on the distribution of propane and heating oil for both residential and commercial applications. The company distinguishes itself through a service-oriented model that integrates reliable fuel supply chains with 24/7 customer support and flexible budget-friendly plans. By prioritizing operational efficiency and competitive pricing, Superior Fuel has established a stable market footprint, ensuring consistent energy delivery that supports the functional needs of households and the continuity of business operations across its service territories.

How much funding has Superior Fuel raised?

Superior Fuel has raised a total of $1.1M across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$786K

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

Debt (2021): $786K led by PPP

Key Investors in Superior Fuel

PPP

Public-Private Partnership

What's next for Superior Fuel?

With the recent influx of capital, Superior Fuel is positioned to accelerate its strategic growth initiatives, likely focusing on the optimization of its distribution network and the expansion of its service capacity. As the company transitions into a more mature phase of enterprise-level operations, the focus will shift toward enhancing supply chain resilience and potentially exploring technological integrations to improve delivery logistics. This financial backing provides the necessary liquidity to navigate volatile energy markets while maintaining the high service standards that define the company's current market reputation.

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Frequently Asked Questions Regarding Superior Fuel Financial Insights

What are the most recent funding rounds that Superior Fuel has completed, and what were the funding rounds?
Superior Fuel has recently completed 2 funding rounds: Debt on Feb 5, 2021, Debt on Apr 4, 2020.
What is the total amount of funding Superior Fuel has raised to date?
Superior Fuel has raised a total of $1.1M in funding to date.
How many funding rounds has Superior Fuel completed?
Superior Fuel has completed 2 funding rounds.
How much funding did Superior Fuel raise in its most recent funding round?
Superior Fuel raised $786K in its most recent funding round.
Who are the lead investors in Superior Fuel's latest funding round?
The lead investor in Superior Fuel'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 Superior Fuel's history?
The largest funding round in Superior Fuel's history was $786K.
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