About FuelQuest
FuelQuest is a company based in Houston (United States) founded in 1999 was acquired by Veeder-Root in August 2014. FuelQuest has raised $14.4 million across 2 funding rounds from investors including Accenture, Talis Capital and EnerTech Capital. The company has 2 employees as of December 31, 2014. FuelQuest offers products and services including FlexPay 6, Passport Retail Platform, and Invenco Cloud Services. FuelQuest operates in a competitive market with competitors including PDI Technologies, Titan Cloud Software, FuelCloud, EdgePetrol and IRely, among others.
- Headquarter Houston, United States
- Employees 2 as on 31 Dec, 2014
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Sectors
Energy & Utilities
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Email
Locked
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Phone
Locked
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Website
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Social
Locked
- Legal Name Invenco Group Ltd
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$14.4 M (USD)
in 2 rounds
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Latest Funding Round
$10 M (USD), Private Equity Round
Mar 30, 2012
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Investors
Accenture
& 4 more
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Employee Count
2
as on Dec 31, 2014
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Acquired by
Veeder-Root
(Aug 26, 2014)
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Products & Services of FuelQuest
FuelQuest offers a comprehensive portfolio of products and services, including FlexPay 6, Passport Retail Platform, and Invenco Cloud Services.
Modular payment terminal for outdoor use in retail environments.
POS platform designed for convenience stores to manage operations.
Services for device management and customer engagement in retail.
Funding Insights of FuelQuest
FuelQuest has successfully raised a total of $14.4M across 2 strategic funding rounds. The most recent funding activity was a Private Equity Round of $10 million completed in March 2012. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in FuelQuest
FuelQuest has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Accenture, Talis Capital and EnerTech Capital.
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Venture capital fund investing in tech startups
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IT and management consultancy services are provided globally.
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Investor details for FuelQuest
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Investments & Acquisitions by FuelQuest
Investment portfolio details for FuelQuest
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Financial Statements - FuelQuest
Detailed financials for FuelQuest
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
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- Profit trends
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Fuelquest Comparisons
Peer comparison for FuelQuest
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- Named peers
- Headcount comparison
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Competitors of FuelQuest
FuelQuest operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as PDI Technologies, Titan Cloud Software, FuelCloud, EdgePetrol and IRely, among others.
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Analytics software solutions are provided to brands and retailers.
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Provider of cloud and IoT-based software solutions for the downstream oil & gas industry
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Cloud-based system for automated fuel tracking, reporting, and real-time insights.
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Fuel station data management software is developed and integrated.
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Software solutions for commodity management, petroleum distribution, and agriculture retail.
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Implico is recognized for digitalizing supply chain processes in energy.
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Detailed competitors of FuelQuest
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Verified entity values are shown only after access is granted.
Latest news on Fuelquest
Complete news archive for FuelQuest
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- Full article archive
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Frequently Asked Questions about FuelQuest
FuelQuest was founded in 1999 and raised its 1st funding round 3 years after it was founded.
FuelQuest is headquartered in Houston, United States. It is registered at Houston, Texas, United States.
FuelQuest is a funded company, having raised a total of $14.4M across 2 funding rounds to date.
As of Dec 31, 2014, the latest employee count at FuelQuest is 2.
Insight 360 FuelQuest offers software and services to suppliers, distributors, retailers, carriers and fleets who utilize transportation fuels. Their SaaS software offers solutions to manage and optimize fuel procurement, logistics, reconciliation, regulatory processes, demand forecasting, fulfillment, inventory management, sales and purchase order management, financial management, and environmental compliance. Products are ForeSite SV - a supervisor view solution that allows supervisors to monitor and ensure replenishment plans and ForeSite IC - an inventory control solution that helps fuel managers track inventory and resolve issues. It also offers fule management services. Winner of the 2014 Petroleum Marketers Association of Americas (PMAA) Best in the US award for Fuel Management Program.
FuelQuest's top competitors include PDI Technologies, The Right Fuelcard Company and EdgePetrol.
FuelQuest offers FlexPay 6, Passport Retail Platform, and Invenco Cloud Services.
FuelQuest has 5 investors. Key investors include Accenture, Talis Capital, EnerTech Capital, Lehman Brothers, and Veeder-Root.