How Much Did Tulsa Raise?
Funding & Key Investors

Tulsa, a long-standing fixture in the Maine energy infrastructure sector, has successfully secured a major strategic investment, bringing its total capital accumulation to $366K. This latest infusion of $216K underscores the company's robust operational capacity and its continued relevance in the regional home heating oil market. By leveraging debt financing, Tulsa demonstrates a disciplined approach to capital management, ensuring that its four-decade legacy of service remains supported by a solid financial foundation.

What is Tulsa?

Tulsa
RetailConvenience Stores, Gas Stations & Liquor StoresTransportation

For over 40 years, Tulsa has functioned as a critical provider of home heating oil delivery services, maintaining a significant footprint across Maine. The firm distinguishes itself through a dual-focus model that caters to both residential and commercial clients, providing not only essential fuel commodities but also comprehensive equipment maintenance and price protection programs. With strategic operational hubs in Van Buren and Easton, the company has optimized its logistics to ensure reliable supply chain continuity. Tulsa occupies a defensive market position, characterized by high customer retention and a business model that prioritizes price stability for consumers during volatile peak heating seasons.

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 recent influx of capital, Tulsa is positioned to further solidify its market dominance and operational efficiency. The company is expected to utilize these funds to modernize its delivery fleet and enhance its price protection offerings, which are vital for maintaining competitive advantages in the heating oil industry. As the firm navigates the transition toward more integrated energy solutions, the strategic deployment of this financing will likely focus on scaling its service infrastructure and expanding its reach within the Maine market. By maintaining its commitment to reliable, cost-effective energy delivery, Tulsa is well-equipped to sustain its growth trajectory and navigate the evolving demands of the regional energy landscape.

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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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