Fundz

Smg Industries reported raising $52.4 Million in an initial SEC Form D filing, from an offering of $62.4 Million

PRIVATEJul 21, 2023$52.4M of $62.4M raised

Amount Raised

$52.4 Million

$52.4 Million sold, per SEC Form D (first sale Jul 7, 2023)

Round Type

Venture

HoustonOtherEnergy

Quick answer

SMG Industries Inc. raised $52.4 Million in a funding round, dated July 7, 2023. SMG Industries Inc. is based in Houston, Texas, United States.

How much did SMG Industries Inc. raise?
SMG Industries Inc. raised $52.4 Million in a funding round on July 7, 2023.
What does SMG Industries Inc. do?
SMG Industries (OTCQB: SMGI) is a growth-oriented transportation services company focused on the domestic infrastructure logistics market.
Where is SMG Industries Inc. based and how big is it?
SMG Industries Inc. is based in Houston, Texas, United States.
Who are the decision-makers at SMG Industries Inc?
Fundz holds 1 contact at SMG Industries Inc., including the Executive Officer, Director. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy around the same time

Companies in the same sectors as SMG Industries Inc. that raised within 45 days of this round, from Fundz verified event records.

  • Lydian raised $15M on August 21, 2023.
  • dcbel raised $50M (Series B) on August 17, 2023.
  • Greenbacker raised $75M (Funding Round) on August 17, 2023.
  • Waste Energy Corp raised $11K (Seed) on August 16, 2023.
  • Rondo Energy raised $60M (Funding Round) on August 16, 2023.
  • South 8 Technologies raised an undisclosed amount (Corporate Round) on August 16, 2023.

Who to call at SMG Industries Inc., and when

A new round usually means SMG Industries Inc. is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day SMG Industries Inc. raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at SMG Industries Inc., from your own LinkedIn network

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Company Information

Company

SMG Industries Inc.

Location

20475 STATE HWY 249

Houston, Texas, United States

About

SMG Industries (OTCQB: SMGI) is a growth-oriented transportation services company focused on the domestic infrastructure logistics market. Through the Company’s wholly-owned subsidiaries 5J Trucking LLC, 5J Specialized LLC, 5J Oilfield Services LLC and 5J Brokerage LLC, (together known as “the 5J Transportation Group”) offers heavy haul, super heavy haul, hot shot and drilling rig mobilization services. 5J’s dimensional permitted jobs can support up to 500-thousand-pound loads which include cargo associated with wind energy, power generation components, bridge beams, compressors, and refinery and construction equipment. SMG Industries, Inc. headquartered in Houston, Texas has facilities in Floresville, Henderson, Odessa, Palestine, and Victoria Texas.

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Related People

1 contact
Verified contactsMatthew F., Executive Officer, DirectorSee plans and pricing
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SMG Industries Inc. raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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