Tech Company Financing Transactions

Propane Funding Round

EIFO, Heartfelt and private investors participated in a $1.4 million Seed funding round for Propane. The financing round was announced on 8/26/2025.

Transaction Overview

Company Name
Announced On
8/26/2025
Transaction Type
Venture Equity
Amount
$1,400,000
Round
Seed
Investors

EIFO (Lead Investor)

Heartfelt (Lead Investor)

Proceeds Purpose
This capital will advance its AI-powered customer intelligence platform.

Company Information

Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
200 S. 10th Street, 10th Floor 1075
Richmond, VA 23219
USA
Email Address
Overview
PERC was authorized by the Propane Education and Research Act of 1996 and established through a propane industry-wide referendum. The Propane Education & Research Council is a nonprofit that provides leading propane safety and training programs and invests in research and development of new propane-powered technologies. PERC is operated and funded by the propane industry. PERC programs benefit a variety of markets including transportation, agriculture, commercial landscaping, residential, and commercial building.
Profile
Propane LinkedIn Company Profile
Social Media
Propane Company Twitter Account
Company News
Propane News
Facebook
Propane on Facebook
YouTube
Propane on YouTube

Management Team

Title
Name
Email & Social
Chairman
Chris Hill
  Chris Hill LinkedIn Profile  Chris Hill Twitter Account  Chris Hill News  Chris Hill on Facebook


 

 

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About Our VC Transactions Data

We do our best to report on tech company VC transactions. VC investment data records reported here are sourced from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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