Tank Utility Overview
- Founded
- 2014

- Status
- Acquired/Merged
- Employees
- 29

- Latest Deal Type
- M&A
Tank Utility General Information
Description
Manufacturer of a smart metering device designed to provide tank-level data through wireless sensors and smartphone applications. The company 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 efficient service, and increase retention by improving the overall customer experience.
Contact Information
(Operating Subsidiary)
- 87 Summer Street
- 5th Floor
- Boston, MA 02110
- United States
Tank Utility Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
11. Merger/Acquisition | 01-Oct-2021 | 00.00 | Completed | Generating Revenue | ||
10. Debt - PPP | 14-Apr-2020 | 00000 | 00.00 | Completed | Generating Revenue | |
9. Later Stage VC | 10-Feb-2020 | 00000 | 00.00 | Completed | Generating Revenue | |
8. Seed Round | 02-Jan-2019 | 000 | 00.00 | 0000 | Completed | Startup |
7. Seed Round | 30-Aug-2016 | 00.00 | 00.00 | 00.00 | Completed | Startup |
6. Seed Round | 20-Aug-2015 | 00000 | Completed | Startup | ||
5. Grant | 24-Jun-2015 | 0000 | 00000 | Completed | Startup | |
4. Accelerator/Incubator | 01-Apr-2015 | 00000 | Completed | Startup | ||
3. Accelerator/Incubator | 01-Jan-2015 | $200K | $200K | Completed | Startup | |
2. Product Crowdfunding | 20-Nov-2014 | $12K | Cancelled | Startup |
Tank Utility Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Seed Prime-3 | 0,000,000 | 00.000000 | 00 | 00.00 | 00.00 | 00 | 00.00 | 00.000 |
Seed Prime-2 | 000,000 | 00.000000 | 00 | 00.00 | 00.00 | 00 | 00.00 | 0.000 |
Seed Prime-1 | 2,025,423 | $0.000010 | 8% | $0.57 | $0.57 | 1x | $0.57 | 9.74% |
Seed | 4,250,008 | $0.000010 | 8% | $0.53 | $0.53 | 1x | $0.53 | 20.01% |
Tank Utility Comparisons
Industry
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Request a free trialTank Utility Competitors (8)
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Wireless Links | Corporation | NJ | ||||
0000000000 | Private Equity-Backed | Lakeland, FL | 00 | 000000000000 | ||
0000 0000000000 | Private Equity-Backed | Alexandria, VA | 00 | 000.00 | 000000000 - | 000.00 |
00000000 | Private Equity-Backed | Plano, TX | 000 | 0000 | 000000000000 | 0000 |
0000000 00000000 | Private Equity-Backed | Macquarie Park, Australia | 000000000000 |
Tank Utility Patents
Tank Utility Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
US-10528910-B2 | Monitoring and reporting a liquid level of a commodity in a tank | Active | 06-Apr-2015 | 0000000000 | 00 |
US-20180225624-A1 | Monitoring and reporting a liquid level of a commodity in a tank | Granted | 06-Apr-2015 | 0000000000 | 0 |
US-20160292632-A1 | Monitoring and reporting a liquid level of a commodity in a tank | Granted | 06-Apr-2015 | 0000000000 | 00 |
US-9911095-B2 | Monitoring and reporting a liquid level of a commodity in a tank | Active | 06-Apr-2015 | 0000000000 | 00 |
US-20200342391-A1 | Monitoring and reporting a liquid level of a commodity in a tank | Abandoned | 06-Apr-2015 | G06Q10/087 |
Tank Utility Executive Team (7)
Name | Title | Board Seat | Contact Info |
---|---|---|---|
Amos Epstein | Co-Founder, President, Chief Executive Officer & Board Member | ||
Kyle Murphy | Co-Founder & Chief Technology Officer | ||
Beverly Gaudet | Controller |
Tank Utility Board Members (5)
Name | Representing | Role | Since |
---|---|---|---|
Amos Epstein | Tank Utility | Co-Founder, President, Chief Executive Officer & Board Member | 000 0000 |
Tank Utility Signals
Growth Rate

Growth

Size Multiple


Key Data Points
Twitter Followers
5.5k

Similarweb Unique Visitors
15.0K

Majestic Referring Domains
314

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Request a free trialTank Utility Former Investors (13)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
---|---|---|---|---|---|
Array Ventures | Venture Capital | Minority | 000 0000 | 000000 0 | |
Blue Fog Capital | Other | Minority | 000 0000 | 000000 0 | |
Bolt Innovation Group | Venture Capital | Minority | 000 0000 | 000000 0 | |
Bullpen Capital | Venture Capital | Minority | 000 0000 | 000000 0 | |
Cleantech Open Northeast | Accelerator/Incubator | 000 0000 | 000000 0 |