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

Texas Star Propane Services has solidified its market position through a series of strategic capital injections, culminating in a total capitalization of $368K. The firm recently secured a major strategic investment of $218K, marking a significant milestone in its late-stage growth trajectory. This infusion of liquidity underscores the company's operational resilience and its critical role in the energy infrastructure of Southeast Texas.

What is Texas Star Propane Services?

Texas Star Propane Services
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Operating as a cornerstone of the North Houston energy sector, Texas Star Propane Services provides essential propane delivery, tank installation, and bulk supply solutions. With a century of combined industry expertise, the company serves a diverse portfolio of residential and commercial clients across ten counties. By focusing on reliable, clean-burning energy distribution, the firm has established a robust competitive moat, ensuring consistent operational continuity for businesses and residential heating needs alike.

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 scale its logistics network and enhance its service delivery capabilities across its ten-county footprint. The strategic focus will likely shift toward optimizing supply chain efficiencies and expanding its commercial forklift cylinder exchange programs. As the company navigates this late-stage growth phase, the emphasis remains on maintaining high-service standards while leveraging its established market presence to capture additional regional demand for sustainable propane solutions.

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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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