How Much Did Precise Transport Raise?
Funding & Key Investors

Precise Transport has secured $728K in total capital, with its most recent financing round bringing in $378K in a major strategic investment. This latest capital infusion underscores the company's significant traction and potential within the specialized oilfield logistics sector.

What is Precise Transport?

Precise Transport
TransportationFreight & Logistics ServicesTrucking, Moving & Storage

Precise Transport is a prominent provider of custom oilfield logistics solutions, with a particular focus on the delivery of frac sand to support operations in U.S. shale plays. The company distinguishes itself through its proprietary bottom-drop frac sand delivery method, round-the-clock dispatch capabilities, and the flexibility to scale its fleet to meet client demands. Built on a foundation of safety, operational efficiency, and robust client partnerships, Precise Transport is dedicated to delivering bespoke logistics management. As a family-owned enterprise, it upholds core values of teamwork, integrity, and accountability in all facets of its business.

How much funding has Precise Transport raised?

Precise Transport has raised a total of $728K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$378K

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

Debt (2021): $378K led by PPP

What's next for Precise Transport?

The recent major strategic investment signals a pivotal growth phase for Precise Transport. This capital is expected to fuel further expansion of its service offerings, potentially enhancing its technological capabilities in logistics management and broadening its operational footprint within key shale regions. The company's focus on innovative delivery methods and scalable fleet support positions it to capitalize on the dynamic needs of the oil and gas industry, reinforcing its market standing and paving the way for sustained development and increased market share.

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Frequently Asked Questions Regarding Precise Transport Financial Insights

What are the most recent funding rounds that Precise Transport has completed, and what were the funding rounds?
Precise Transport has recently completed 2 funding rounds: Debt on Jan 28, 2021, Debt on Apr 28, 2020.
What is the total amount of funding Precise Transport has raised to date?
Precise Transport has raised a total of $728K in funding to date.
How many funding rounds has Precise Transport completed?
Precise Transport has completed 2 funding rounds.
How much funding did Precise Transport raise in its most recent funding round?
Precise Transport raised $378K in its most recent funding round.
Who are the lead investors in Precise Transport's latest funding round?
The lead investor in Precise Transport'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 Precise Transport's history?
The largest funding round in Precise Transport's history was $378K.
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