How Much Did GasTec Enterprises Raise?
Funding & Key Investors

GasTec Enterprises has secured $350K in total capital, with its most recent financing round bringing in $350K in a major strategic investment. This significant backing positions the company for continued expansion within the energy distribution sector.

What is GasTec Enterprises?

GasTec Enterprises
Energy, Utilities & WasteElectricity, Oil & GasConvenience Stores, Gas Stations & Liquor Stores

GasTec Enterprises is a family-owned propane service provider with operations spanning Pennsylvania, New Jersey, and Delaware. The company offers comprehensive propane solutions for both residential and commercial clients, covering heating, cooking, hot water systems, and bulk supply for applications such as construction site heating and forklift fueling. GasTec emphasizes customer satisfaction through prompt service, tailored delivery schedules, and emergency refill capabilities, while also focusing on environmental sustainability and competitive pricing to ensure a dependable propane service experience.

How much funding has GasTec Enterprises raised?

GasTec Enterprises has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

Key Investors in GasTec Enterprises

PPP

Public-Private Partnership

What's next for GasTec Enterprises?

The recent large-scale late-stage funding indicates a strategic push for GasTec Enterprises, likely aimed at scaling operations, expanding its service territory, or enhancing its infrastructure. This infusion of capital will enable the company to solidify its market position and potentially explore new service offerings or technological advancements in propane distribution and management. The focus on strategic investment suggests a clear roadmap for growth and operational efficiency.

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Frequently Asked Questions Regarding GasTec Enterprises Financial Insights

What are the most recent funding rounds that GasTec Enterprises has completed, and what were the funding rounds?
GasTec Enterprises has recently completed 1 funding rounds: Debt on Apr 8, 2020.
What is the total amount of funding GasTec Enterprises has raised to date?
GasTec Enterprises has raised a total of $350K in funding to date.
How many funding rounds has GasTec Enterprises completed?
GasTec Enterprises has completed 1 funding rounds.
How much funding did GasTec Enterprises raise in its most recent funding round?
GasTec Enterprises raised $350K in its most recent funding round.
Who are the lead investors in GasTec Enterprises's latest funding round?
The lead investor in GasTec Enterprises'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 GasTec Enterprises's history?
The largest funding round in GasTec Enterprises's history was $350K.
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