Tank Utility

Tank Utility

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Organization

Contact Information

Overview

With over $150 billion spent on delivered fuels (i.e. Propane, Heating Oil, Diesel, etc.) every year, fuel distribution companies struggle to efficiently plan deliveries with more than 50% of all delivery miles (or about 1/6th of total market spend) being unnecessary. Tank Utility uses real-time tank level measurements from IoT monitors and innovative business intelligence software to eliminate wasted delivery miles while helping fuel providers provide a better customer experience through greater transparency..

About

Industries

Energy, Internet of Things, Smart Home, Logistics, Clean Energy, Energy Efficiency, Power Grid, Smart Building

Founded

2014

Employees

11-50

Headquarters locations

United States, North America

Social

N/A

Profile Resume

Tank Utility headquartered in United States, North America, operates in the Energy, Internet of Things, Smart Home, Logistics, Clean Energy, Energy Efficiency, Power Grid, Smart Building sector. The company focuses on Energy and has secured $1.6B in funding across 192 round(s). With a team of 11-50 employees, Tank Utility is actively contributing to advancements in Energy. Their latest funding round, Seed Round - Tank Utility, raised $Unknown amount. Discover more about their projects, partnerships, and impact on our platform.

Employees

imagePlace Amos Epstein

Amos Epstein

Co-Founder & CEO

imagePlace Nicholas Mashburn

Nicholas Mashburn

Founder

imagePlace David Gagnon

David Gagnon

Co-Founder & COO

Funding Rounds

Funding rounds

6

Investors

1

Lead Investors

0

Total Funding Amount

$8.2M

Details

2

Tank Utility has raised a total of $8.2M in funding over 2 rounds.

Announcement dateTransaction nameNumber of InvestorsMoney raisedLead Investor
2016Seed2.2M
2015Seed

Investors

Tank Utility is funded by 32 investors.

Investor NameLead InvestorFunding RoundPartners
Cleantech Open Northeast-FUNDING ROUND - Cleantech Open Northeastundefined
Cleantech Open-FUNDING ROUND - Cleantech Openundefined
Tank Utility-FUNDING ROUND - Tank Utilityundefined
Bolt-FUNDING ROUND - Boltundefined

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