Tank Utility
2014
FOUNDED
PRIVATE
STATUS
11-20
EMPLOYEES
Early Stage VC
LATEST DEAL TYPE
$6M
LATEST DEAL AMOUNT
11
INVESTORS
Description
Developer of a smart metering platform designed to provide tank level data through wireless sensors and smart phone application. The company's platform combines a low-cost, easy-to-install, wireless tank monitor with secure mobile and web applications that provide real-time status, usage data, pricing and transaction processing, enabling clients to deliver fuel and increase profit, provide better service and increase retention by improving the overall customer experience.
Website
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Business/Productivity Software
Other Industries
Other Commercial Services
Environmental Services (B2B)
Primary Office
- 110 Chauncy Street
- Boston, MA 02111
- United States
+1 (802) 000-0000
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Tank Utility Valuation and Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 8. Early Stage VC | 02-Jan-2019 | $6M | 00.00 | Completed | Generating Revenue | |
| 7. Seed Round | 30-Aug-2016 | 00.00 | 00.00 | 00.00 | Completed | Generating Revenue |
| 6. Seed Round | 20-Aug-2015 | 00000 | Completed | Generating Revenue | ||
| 5. Grant | 24-Jun-2015 | 0000 | 00000 | Completed | Generating Revenue | |
| 4. Accelerator/Incubator | 01-Apr-2015 | 00000 | Completed | Generating Revenue | ||
| 3. Accelerator/Incubator | 01-Jan-2015 | 00000 | 00000 | Completed | Generating Revenue | |
| 2. Product Crowdfunding | 20-Nov-2014 | $12K | Cancelled | Generating Revenue | ||
| 1. Accelerator/Incubator | 01-Aug-2014 | Completed | Generating Revenue |
Tank Utility Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price |
% Owned |
|---|---|---|---|---|---|---|---|---|
| Seed | 0,000,000 | 00.000000 | 00 | 00.00 | 00.00 | 00 | 00.00 | 00.000 |
Tank Utility Competitors (4)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Cartasite | Formerly PE-Backed | Denver, CO | 00 | 000.00 | 000000&0 | 000.00 |
| 00000000 | Venture Capital-Backed | Plano, TX | 00 | 0000 | 00000000000 | 0000 |
| 00000000000 00000 | Corporate Backed or Acquired | Waltham, MA | 0000 | 00000 | 000000&0 | 00000 |
| 00000 | Venture Capital-Backed | Portsmouth, NH | 00 | 000.00 | 00000000000 | 000.00 |
Tank Utility Investors (11)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Board Seat |
Contact Info |
|---|---|---|---|---|---|---|
| Array Ventures | Venture Capital | Minority | 000 0000 | 000000 0 | ||
| Bullpen Capital | Venture Capital | Minority | 000 0000 | 000000 0 | ||
| Serra Ventures | Venture Capital | Minority | 000 0000 | 000000 0 | ||
| Blue Fog Capital | Other | Minority | 000 0000 | 000000 0 | ||
| Energy Foundry | Venture Capital | Minority | 000 0000 | 000000 0 |
Tank Utility Executive Team (3)
Tank Utility Board Members (5)
| Name | Representing | Role | Since | Contact Info |
|---|---|---|---|---|
| Amos Epstein | Tank Utility | Co-Founder, President, Chief Executive Officer & Board Member | 000 0000 | |
| David Gagnon | Tank Utility | Co-Founder, Board Member & Chief Operating Officer, Operations | 000 0000 | |
| Harris Brody | Tank Utility | Board Member | 000 0000 | |
| Nick Mashburn | Tank Utility | Co-Founder & Board Member | 000 0000 | |
| Sara Chamberlain | Energy Foundry | Board Member | 000 0000 |