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Tankfarm Raises $3.5M To Transform Propane Industry With Consumer-Friendly Technology

May 27, 2020•about 5 years ago

Amount Raised

$3 Million

Round Type

seed

Millbrook

Description

Tankfarm, a new kind of propane distribution company, announced today that it has closed $3.5M in Series-A funding for its platform that modernizes and streamlines propane distribution in the U.S. The round was joined by a series of strategic investors. With this funding, Tankfarm will advance the development of its software, expand its team, and fuel growth of the Tankfarm network.

Company Information

Company

Tankfarm

Location

Millbrook, Alabama, United States

About

Tankfarm is a propane distribution company that invests in software and tank monitors to make deliveries more efficient and profitable for our suppliers, and to delight our users. Tankfarm’s free software connects residential propane customers with suppliers; offers transparent, upfront pricing; and provides superior customer service. The Tankfarm supplier network spans 22 states and over 160 locations. Our mission is to improve the propane industry’s approach to technology and improve the customer experience.