How Much Did Tulsa Raise?
Funding & Key Investors

Tulsa, a long-standing entity in the regional energy sector, has successfully secured a significant capital injection, bringing its total funding to $366K. This latest major strategic investment of $216K underscores the company's robust operational framework and its continued relevance in the home heating oil delivery market. By leveraging debt financing, the organization has demonstrated a disciplined approach to capital management, ensuring liquidity for its extensive service network across Maine.

What is Tulsa?

Tulsa
RetailConvenience Stores, Gas Stations & Liquor StoresTransportation

For over four decades, Tulsa has established itself as a cornerstone provider of home heating oil delivery services. Operating with a dual focus on residential and commercial clients, the firm distinguishes itself through competitive pricing models and comprehensive equipment maintenance. With strategic hubs located in Van Buren and Easton, the company provides essential energy solutions while mitigating market volatility for its customer base through specialized price protection plans. This operational footprint positions Tulsa as a reliable utility partner in a sector where consistency and supply chain integrity are paramount.

How much funding has Tulsa raised?

Tulsa has raised a total of $366K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$216K

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

Debt (2021): $216K led by PPP

Key Investors in Tulsa

PPP

Public-Private Partnership

What's next for Tulsa?

With the infusion of this recent capital, Tulsa is well-positioned to fortify its infrastructure and expand its service delivery capabilities. The strategic focus will likely shift toward optimizing logistics and enhancing the digital interface for its price protection programs, allowing for greater customer retention in a competitive energy landscape. As the company navigates the complexities of the modern heating oil market, this late-stage financing provides the necessary runway to modernize equipment and potentially scale its regional presence, ensuring that Tulsa remains a dominant force in Maine's energy distribution sector for the foreseeable future.

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Frequently Asked Questions Regarding Tulsa Financial Insights

What are the most recent funding rounds that Tulsa has completed, and what were the funding rounds?
Tulsa has recently completed 2 funding rounds: Debt on Mar 26, 2021, Debt on Apr 13, 2020.
What is the total amount of funding Tulsa has raised to date?
Tulsa has raised a total of $366K in funding to date.
How many funding rounds has Tulsa completed?
Tulsa has completed 2 funding rounds.
How much funding did Tulsa raise in its most recent funding round?
Tulsa raised $216K in its most recent funding round.
Who are the lead investors in Tulsa's latest funding round?
The lead investor in Tulsa'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 Tulsa's history?
The largest funding round in Tulsa's history was $216K.
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