Tank Utility

Tank Utility

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DateInvestorsAmountRound
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Grant
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Early VC
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Grant

$2.2m

Seed

$6.0m

Early VC
*

N/A

Acquisition
Total FundingCAD11.2m

Recent News about Tank Utility

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GeneracFuel.com offers advanced tank monitoring solutions designed to streamline fuel delivery operations and enhance customer satisfaction. Serving both fuel marketers and homeowners, Generac provides a remote and wireless system that allows users to gain control over their fuel deliveries through LTE monitors and a mobile app. This technology alerts users before they run out of fuel, enabling more efficient and timely deliveries. The company operates in the fuel management market, targeting clients who require reliable and smart fuel delivery systems. Generac's business model revolves around selling and maintaining these monitoring systems, generating revenue through product sales and service subscriptions. By reducing the number of deliveries needed by up to 40%, Generac helps fuel marketers save time and money, while homeowners benefit from the convenience and reliability of never running out of fuel.

Keywords: tank monitoring, fuel delivery, LTE monitor, mobile app, fuel marketers, homeowners, remote solution, wireless system, efficiency, customer satisfaction.

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