Tank Utility
Boston
About Tank Utility
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..
Company Facts
- Operating status: Closed
- Company type: For Profit
- IPO status: Private
- Employees: 11 – 50
- Estimated revenue: $1K – $10K
- Total funding: $8.2M
- Funding stage: M&A
- Last round: Series Unknown (Feb 2019)
- Website: tankutility.com
- Phone: (802) 393-8265
Industries & Categories
Clean Energy, Energy, Energy Efficiency, Internet of Things, Logistics
Social Profiles
Canonical: https://fsome.com/organization/tank-utility-123055 · For the full interactive profile (charts, investors, team, acquisitions, press), please enable JavaScript.