How Much Did Texas Star Propane Services Raise?
Funding & Key Investors

Texas Star Propane Services has solidified its market position through a series of significant capital injections, culminating in a total funding amount of $368K. The firm recently secured a major strategic investment of $218K, marking a pivotal moment in its late-stage growth trajectory. This infusion of capital underscores the company's operational resilience and its capacity to scale infrastructure within the competitive energy distribution sector of Southeast Texas.

What is Texas Star Propane Services?

Texas Star Propane Services
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Texas Star Propane Services operates as a critical infrastructure provider, specializing in the distribution of propane gas across North Houston and ten surrounding counties. By offering a comprehensive suite of services—ranging from residential tank installation to bulk commercial delivery and forklift cylinder exchange—the company has established itself as a cornerstone of regional energy reliability. With a century of combined industry expertise, the firm leverages its logistical footprint to maintain operational continuity for both domestic and industrial clients, positioning itself as a high-authority player in the regional utility market.

How much funding has Texas Star Propane Services raised?

Texas Star Propane Services has raised a total of $368K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$218K

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

Debt (2021): $218K led by PPP

Key Investors in Texas Star Propane Services

PPP

Public-Private Partnership

What's next for Texas Star Propane Services?

With the recent influx of capital, Texas Star Propane Services is well-positioned to accelerate its expansion strategy and enhance its distribution network. The company is expected to prioritize the modernization of its delivery fleet and the optimization of its storage facilities to meet the rising demand for clean-burning energy solutions. By focusing on operational efficiency and market penetration, the firm aims to solidify its dominance in the Southeast Texas energy landscape, ensuring long-term value creation for stakeholders while maintaining its commitment to service excellence in the propane supply chain.

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Frequently Asked Questions Regarding Texas Star Propane Services Financial Insights

What are the most recent funding rounds that Texas Star Propane Services has completed, and what were the funding rounds?
Texas Star Propane Services has recently completed 2 funding rounds: Debt on Feb 10, 2021, Debt on Apr 27, 2020.
What is the total amount of funding Texas Star Propane Services has raised to date?
Texas Star Propane Services has raised a total of $368K in funding to date.
How many funding rounds has Texas Star Propane Services completed?
Texas Star Propane Services has completed 2 funding rounds.
How much funding did Texas Star Propane Services raise in its most recent funding round?
Texas Star Propane Services raised $218K in its most recent funding round.
Who are the lead investors in Texas Star Propane Services's latest funding round?
The lead investor in Texas Star Propane Services'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 Texas Star Propane Services's history?
The largest funding round in Texas Star Propane Services's history was $218K.
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