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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
Energy, Internet of Things, Smart Home, Logistics, Clean Energy, Energy Efficiency, Power Grid, Smart Building
2014
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.
Funding Rounds
6
1
0
$8.2M
Details
2
Tank Utility has raised a total of $8.2M in funding over 2 rounds.
Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
---|---|---|---|---|
2016 | Seed | 2.2M | ||
2015 | Seed |
Investors
Tank Utility is funded by 32 investors.
Investor Name | Lead Investor | Funding Round | Partners |
---|---|---|---|
Cleantech Open Northeast | - | FUNDING ROUND - Cleantech Open Northeast | undefined |
Cleantech Open | - | FUNDING ROUND - Cleantech Open | undefined |
Tank Utility | - | FUNDING ROUND - Tank Utility | undefined |
Bolt | - | FUNDING ROUND - Bolt | undefined |
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