How Much Did COT Oil Tools Raise?
Funding & Key Investors

COT Oil Tools has secured $150K in total capital, with a recent strategic investment of $150K announced on April 9, 2020. This significant backing underscores the company's established position in the oil and gas services sector, particularly following its large-scale, late-stage funding round.

What is COT Oil Tools?

COT Oil Tools
ManufacturingIndustrial Machinery & Equipment

Founded in 1987 by E.J. "Slim" Cockrell, COT Oil Tools, Inc. is a Texas-based enterprise specializing in oilfield equipment and services. Under the current leadership of CEO and President Ervin Cockrell, the company operates from facilities in Bryan and Giddings, Texas. Its longevity and continued operations suggest a robust business model within the energy industry, likely focusing on providing essential tools and support to exploration and production companies.

How much funding has COT Oil Tools raised?

COT Oil Tools has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

Key Investors in COT Oil Tools

PPP

Public-Private Partnership

What's next for COT Oil Tools?

The recent strategic investment, categorized as a major financing event, indicates a phase of potential expansion or operational enhancement for COT Oil Tools. Given the company's history and the context of large-scale, late-stage funding, this capital infusion is likely aimed at strengthening its market presence, upgrading technological capabilities, or potentially exploring new service offerings. The company's trajectory points towards sustained growth and adaptation within the dynamic energy market.

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Frequently Asked Questions Regarding COT Oil Tools Financial Insights

What are the most recent funding rounds that COT Oil Tools has completed, and what were the funding rounds?
COT Oil Tools has recently completed 1 funding rounds: Debt on Apr 9, 2020.
What is the total amount of funding COT Oil Tools has raised to date?
COT Oil Tools has raised a total of $150K in funding to date.
How many funding rounds has COT Oil Tools completed?
COT Oil Tools has completed 1 funding rounds.
How much funding did COT Oil Tools raise in its most recent funding round?
COT Oil Tools raised $150K in its most recent funding round.
Who are the lead investors in COT Oil Tools's latest funding round?
The lead investor in COT Oil Tools'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 COT Oil Tools's history?
The largest funding round in COT Oil Tools's history was $150K.
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