Tank Utility
Manufacturing · Massachusetts, United States · 11-50 Employees
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Overview
Headquarters
87 Summer St Fl 5, Boston, Massachusetts...Phone Number
(508) 948-3508Website
www.tankutility.comRevenue
$6.9 MillionIndustry
ZI Rank: 1
Signal Type
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ZI Rank
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About Tank Utility
Tank Utility offers a propane tank level monitor device that provides a remote and wireless solution for fuel monitoring. Their smart phone app helps homeowners and fuel marketers save money by optimizing fuel deliveries and improving the delivery experience. The system allows fuel marketers to reduce delivery frequency while ensuring homeowners are alerted before running out of fuel. Target clients include fuel marketers and homeowners looking for efficient fuel management solutions.Explore more
Tank Utility Org Chart
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Company Profile Activity
Activity Insights
Tank Utility is experiencing very low activity levels compared to other companies in the Manufacturing sector.
What does this means?
Tank Utility is drawing exceptional interest within the Manufacturing industry, suggesting notable developments or strong market momentum, learn more about Tank Utility.
Tank Utility financials insights
Gather financial insights about Tank Utility, including details on funding rounds, investors, total funding, and acquisitions, to gain a comprehensive understanding of their financial strategy.
2016
Angel/Seed
$2.2M
2019
Unspecified
$6M
2020
Debt
$350K
Tank Utility Tech Stack
A closer look at the technologies used by Tank Utility
Most Recent Scoops
Event
will be attending the 2022 Eastern Energy Expo conference as an exhibitor. The event will occur from May 22 to May 25, 2022.
Left Company
Executive Move
Tank Utility has announced that Scott Pokrywa, Chief Operating Officer, has left the organization to join Plasma Concepts as Chief Operating Officer.
Executive Moves
Facilities Relocation / Expansion
Tank Utility is planning to move its offices in April 2022. The move will impact approximately 20 employees at their existing office located at 87 Summer St 5Th Fl, Boston, MA.
Mergers & Acquisitions (M&A)
Funding
Tank Utility News & Media
Schmitt Industries Announces Xact and Tank Utility Partnership
PORTLAND, Ore., Aug. 06, 2019 (GLOBE NEWSWIRE) -- Schmitt Industries, Inc. (NASDAQ: SMIT) today announced its Xact™ Tank Monitoring Solutions (“Xact”) business line, a leading provider of satellite-connected gauge and ultrasonic readers in the Internet of Things (”IoT”) environment, has partnered with Tank Utility, Inc. (“Tank Utility”), a leading provider of cellular-connected IoT tank monitoring and logistics optimization services, to offer Xact gauge readers to Tank Utility customers.Serra Capital III Invests In Its 25th Company Tank Utility
Champaign, IL – Tank Utility, the Boston-based company that is a leading provider of IoT tank monitoring and logistics optimization services, has raised $6 million in an oversubscribed financing round. Serra Ventures was a participant in the round. - - “We are thrilled to have Serra Ventures as part of this investment. They have been a valuable source of industry and product knowledge to us over the years and it's great to make our partnership official,”Bullpen leads $6 mln round for Tank Utility
Boston-based Tank Utility, a provider of IoT tank monitoring and logistics optimization services, has raised $6 million in funding. Bullpen Capital led the round.Tank Utility Raises $6M in Funding
Tank Utility, a Boston, MA-based provider of IoT tank monitoring and logistics optimization services, raised $6m in financing. The round was led by Bullpen Capital, with participation from existing investors Energy Foundry, Blue Fog Capital, and Generac and new investors Serra Ventures and Array Ventures. The company intends to use the funds to expand its […] The post Tank Utility Raises $6M in Funding appeared first on FinSMEs.
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Frequently Asked Questions Regarding Tank Utility
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Tank Utility offers a propane tank level monitor device that provides a remote and wireless solution for fuel monitoring. Their smart phone app helps homeowners and fuel marketers save money by optimizing fuel deliveries and improving the delivery experience. The system allows fuel marketers to reduce delivery frequency while ensuring homeowners ar... Read More
