What is Lorden?
Lorden is a long-standing provider of cleaner fuels, specializing in reliable heating oil and propane delivery, alongside expert heating and air conditioning installation and maintenance services. With over 70 years of operation, the company emphasizes a superior level of customer service, aiming to simplify the transition for new propane customers by managing all logistical details. Their commitment extends beyond mere energy provision, focusing on delivering warmth and comprehensive solutions to their clientele.
How much funding has Lorden raised?
Lorden has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
Key Investors in Lorden
PPP
Public-Private Partnership
What's next for Lorden?
The company's large-scale late-stage funding and recent major strategic investment signal a period of significant expansion and potential market consolidation. This capital infusion is likely to fuel advancements in cleaner fuel technologies, enhance operational efficiencies, and broaden their service area. Lorden is poised to leverage this financial strength to solidify its market leadership and potentially explore new avenues within the sustainable energy landscape, reinforcing its commitment to providing both reliable energy and exceptional customer care.
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