What is The Kiesel?
The Kiesel Company operates as a comprehensive petroleum distributor and environmental response firm, offering a diverse portfolio of services. Established in 1896, the company provides essential fuel distribution, specialized environmental services, and robust transportation solutions. Its offerings include a wide array of products such as diesel, gasoline, lubricants, and bio-fuels, serving a broad client base encompassing commercial, municipal, and government entities. Kiesel is also recognized for its capabilities in hazardous materials transportation and its role as an OSRO responder for land and water spill incidents. Further complementing its services, the company manages a wastewater treatment plant and provides laboratory analysis for environmental assessments, highlighting its integrated approach to energy and environmental solutions.
How much funding has The Kiesel raised?
The Kiesel has raised a total of $954K across 2 funding rounds:
Debt
$350K
Debt
$604K
Debt (2020): $350K with participation from PPP
Debt (2021): $604K led by PPP
Key Investors in The Kiesel
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for The Kiesel?
With the recent major strategic investment, The Kiesel is poised for continued expansion and operational enhancement. The company's established presence since 1896, coupled with its diverse service offerings in petroleum distribution and environmental response, positions it favorably for future growth. The strategic capital is likely to fuel advancements in its service capabilities, potentially expanding its environmental response network or enhancing its fuel distribution logistics. This funding round signals a commitment to strengthening its market position and continuing its legacy of providing reliable energy and environmental solutions to its clientele.
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