How Much Did Petro-chem Services Raise?
Funding & Key Investors

Petro-chem Services has secured $1.1M in total capital, with its most recent financing round bringing in $775K. This major strategic investment underscores the company's significant role in the energy logistics sector, particularly in the transportation of America's resources via Shore Tank Barges. The company's consistent access to capital indicates a stable operational phase, likely focused on scaling its established infrastructure and service offerings.

What is Petro-chem Services?

Petro-chem Services
TransportationMarine Shipping & TransportationFreight & Logistics Services

Petro-Chem Services is a specialized provider of Shore Tank Barge PICs, crucial for the secure and efficient transportation of various liquid cargos across the United States. The company emphasizes adaptability to evolving industry demands and regulatory landscapes, alongside a strong commitment to employee safety, which it regards as paramount. Its core services encompass tank barge loading and unloading operations, including specialized handling for high H2S content transfers. Petro-Chem Services is committed to fostering robust business partnerships built on a foundation of trust, integrity, and superior customer service, positioning itself as a reliable entity within the maritime logistics and energy supply chain.

How much funding has Petro-chem Services raised?

Petro-chem Services has raised a total of $1.1M across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$775K

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

Debt (2021): $775K led by PPP

Key Investors in Petro-chem Services

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Petro-chem Services?

The substantial enterprise-level funding Petro-chem Services has attracted suggests a strategic push towards expanding its operational capacity and potentially its geographic reach. With a focus on adapting to industry changes and regulatory guidelines, future investments are likely to be directed towards fleet modernization, technological integration for enhanced safety and efficiency, and strengthening its logistical network. The company's dedication to building trust and integrity in its business relationships will be key as it navigates further growth and solidifies its position as a premier provider of tank barge transportation services.

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Frequently Asked Questions Regarding Petro-chem Services Financial Insights

What are the most recent funding rounds that Petro-chem Services has completed, and what were the funding rounds?
Petro-chem Services has recently completed 2 funding rounds: Debt on Feb 17, 2021, Debt on May 3, 2020.
What is the total amount of funding Petro-chem Services has raised to date?
Petro-chem Services has raised a total of $1.1M in funding to date.
How many funding rounds has Petro-chem Services completed?
Petro-chem Services has completed 2 funding rounds.
How much funding did Petro-chem Services raise in its most recent funding round?
Petro-chem Services raised $775K in its most recent funding round.
Who are the lead investors in Petro-chem Services's latest funding round?
The lead investor in Petro-chem Services'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 Petro-chem Services's history?
The largest funding round in Petro-chem Services's history was $775K.
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