How Much Did Froman Oil & Propane Raise?
Funding & Key Investors

Froman Oil & Propane has secured $148K in total capital, with a recent strategic investment of $148K announced on January 21, 2021. This significant backing underscores the company's established position in the energy sector and its trajectory for continued expansion.

What is Froman Oil & Propane?

Froman Oil & Propane
RetailConvenience Stores, Gas Stations & Liquor StoresTransportation

Froman Oil & Propane operates as a comprehensive propane and fuel supplier catering to Northeast Oklahoma. The company provides essential services for residential, commercial, and agricultural clients, emphasizing reliable automatic deliveries, flexible payment options, and competitive pricing for businesses. Beyond propane, Froman also supplies various oils and fuels critical for equipment and machinery operations, ensuring operational continuity for its diverse customer base. Their focus on customer satisfaction and stringent safety protocols has solidified their reputation as a trusted regional energy partner.

How much funding has Froman Oil & Propane raised?

Froman Oil & Propane has raised a total of $148K across 1 funding round:

2021

Debt

$148K

Debt (2021): $148K with participation from PPP

Key Investors in Froman Oil & Propane

PPP

Public-Private Partnership

What's next for Froman Oil & Propane?

The recent strategic investment, occurring within a large-scale late-stage funding environment, suggests Froman Oil & Propane is poised for significant operational enhancements or market penetration. This capital infusion is likely to fuel strategic initiatives aimed at expanding service areas, upgrading infrastructure, or enhancing product offerings to meet growing regional demand for energy solutions. The company's focus on core services like propane delivery and fuel supply positions it well to capitalize on opportunities within the agricultural and commercial sectors.

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Frequently Asked Questions Regarding Froman Oil & Propane Financial Insights

What are the most recent funding rounds that Froman Oil & Propane has completed, and what were the funding rounds?
Froman Oil & Propane has recently completed 1 funding rounds: Debt on Jan 21, 2021.
What is the total amount of funding Froman Oil & Propane has raised to date?
Froman Oil & Propane has raised a total of $148K in funding to date.
How many funding rounds has Froman Oil & Propane completed?
Froman Oil & Propane has completed 1 funding rounds.
How much funding did Froman Oil & Propane raise in its most recent funding round?
Froman Oil & Propane raised $148K in its most recent funding round.
Who are the lead investors in Froman Oil & Propane's latest funding round?
The lead investor in Froman Oil & Propane'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 Froman Oil & Propane's history?
The largest funding round in Froman Oil & Propane's history was $148K.
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