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Oil Purification Systems

Description

Manufacturer of fluid cleaning systems. The company provides a technology that is used for filtering solid and liquid contaminants from engine oil and serves a variety of industries including trucking, oil and gas, mining and waste management. It develops an oil refining system that streamlines oil maintenance routines for large vehicles and industrial equipment.

2002

Founded

PRIVATE

Status

11-50

Employees

Angel

Latest Deal Type

$3.41M

Latest Deal Amount

$14.1M

Total Amount Raised

Description

Manufacturer of fluid cleaning systems. The company provides a technology that is used for filtering solid and liquid contaminants from engine oil and serves a variety of industries including trucking, oil and gas, mining and waste management. It develops an oil refining system that streamlines oil maintenance routines for large vehicles and industrial equipment.

Website:

www.shopops1.com

Ownership Status

Privately held (backing)

Financing Status

Venture Capital-Backed

Primary Industry

Machinery (B2B)

Primary Office

2176 Thomaston Avenue Waterbury, CT 06704United States +1 (203) 346-1800
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Oil Purification Systems Valuation and Funding

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Deal TypeDateAmountRaised to DatePost-ValStatusStage

Oil Purification Systems Cap Table

Stock# of Shares
Authorized
Par ValueDividend Rate (%)Original
Issue Price
LiquidationLiquidation
Pref. Multiple
Conversion
Price
% Owned

Oil Purification Systems Investors (6)

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Investor NameInvestor TypeHoldingInvestor SinceParticipating RoundsBoard
Seat
Contact
Info
Angel Investor ForumAngel GroupMinority000 0000000 0000
Atlantic Capital GroupPE/BuyoutMinority000 0000000 0000
Connecticut InnovationsVenture CapitalMajority000 0000000 0000
RDA VenturesLimited PartnerMinority000 0000000 0000
Sterling Passive InvestmentsOtherMinority000 0000000 0000
Angel Investor Forum Angel Group
Atlantic Capital Group PE/Buyout
Connecticut Innovations Venture Capital
RDA Ventures Limited Partner
Sterling Passive Investments Other

Oil Purification Systems Executive Team (4)

NameTitleBoard
Seat
Contact
Info
Aamir MumtazChief Executive Officer & Board Member
Thomas BockDirector
Steve CarollVice President
Howie HeatonVice President, Sales
Aamir Mumtaz Chief Executive Officer & Board Member
Thomas Bock Director
Steve Caroll Vice President
Howie Heaton Vice President, Sales

Oil Purification Systems Board Members (6)

NameRepresentingRoleSinceContact
Info
Aamir MumtazOil Purification SystemsChief Executive Officer & Board Member000 0000
Gary KowalskiSelfBoard Member000 0000
James BannantineAtlantic Capital GroupBoard Member000 0000
Jeff Perelman JDSelfBoard Member000 0000
Kevin CrowleyConnecticut InnovationsBoard Member000 0000
Aamir Mumtaz Chief Executive Officer & Board Member Oil Purification Systems
Gary Kowalski Board Member Self
James Bannantine Board Member Atlantic Capital Group
Jeff Perelman JD Board Member Self
Kevin Crowley Board Member Connecticut Innovations
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