InTANK

Baltimore, United States Founded: 1980 • Age: 46 yrs Acquired By A.Hak Industrial Services
Robotic systems for storage tank inspection and cleaning are developed.
Annual revenue - Latest available
Total funding $22.0M 2 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About InTANK

InTANK is a company based in Baltimore (United States) founded in 1980 was acquired by A.Hak Industrial Services in November 2010. InTANK has raised $22 million across 2 funding rounds from investors including The Carlyle Group, A.Hak Industrial Services and Riverstone Holdings. InTANK operates in a competitive market with competitors including Cyberhawk, American Aerospace, SkyX, Air Control Entech and Veeder-Root, among others.

  • Headquarter Baltimore, United States
  • Sectors
    Energy & Utilities
  • Phone
    Locked
  • Website
    Locked
Operational Areas
Energy & Utilities → Oil & Gas Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $22 M (USD)

    in 2 rounds

  • Latest Funding Round
    $5 M (USD), Series B

    Nov 18, 2002

  • Investors
  • Employee Count
    Not available
  • Acquired by
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Funding Insights of InTANK

InTANK has successfully raised a total of $22M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $5 million completed in November 2002. 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 InTANK

InTANK has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include The Carlyle Group, A.Hak Industrial Services and Riverstone Holdings.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity investments are directed toward multiple sectors.
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Asset management firm investing in energy, power, and infrastructure globally.
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Equestrian services and facilities are provided in the Netherlands.
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Investor details for InTANK

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Investments & Acquisitions by InTANK

Investments
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Investment portfolio details for InTANK

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  • Transaction dates
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Financial Statements - InTANK

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Detailed financials for InTANK

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Intank Comparisons

InTANK Primary company
Description
Robotic systems for storage tank inspection and cleaning are...
Location
Baltimore, United States
Founded Year
1980
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for InTANK

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Competitors of InTANK

InTANK 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 Cyberhawk, American Aerospace, SkyX, Air Control Entech and Veeder-Root, among others.

Company Name Domain Founded year HQ Location Description
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Drone-based visual data collection, inspection, and asset management are provided.
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Develops unmanned aircraft systems for oil & gas, smart grid, & emergency response
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Long-endurance VTOL drones are developed and inspection services are provided.
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Quantified visual inspection solutions provider
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Provides fuel monitoring solutions including tank gauges and pumps for businesses.
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Linux-based high-performance computing solutions are architected and supported.
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Detailed competitors of InTANK

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Latest news on Intank

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Complete news archive for InTANK

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Frequently Asked Questions about InTANK

InTANK was founded in 1980 and raised its 1st funding round 21 years after it was founded.

InTANK is headquartered in Baltimore, United States. It is registered at Baltimore, Maryland, United States.

InTANK is a funded company, having raised a total of $22M across 2 funding rounds to date.

InTANK was established in 1980 in Baltimore, United States, with a focus on robotic systems for the in-service inspection and cleaning of above-ground storage tanks. Operations targeted the oil and gas, petrochemical, and power generation sectors. Several patents were held for the On-stream Tank Inspection System (OTIS). The company was acquired by A.Hak Industrial Services in November 2010.

InTANK's top competitors include Cyberhawk, SkyX and American Aerospace.

InTANK has 3 investors. Key investors include The Carlyle Group, A.Hak Industrial Services, and Riverstone Holdings.

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