About Propel Fuels
Propel Fuels is an Energy & Utilities company based in Sacramento (United States) founded in 2004. Biofuel retail stations are operated in California and Washington. Propel Fuels has raised $33.55 million across 9 funding rounds from investors including California Energy Commission, Nth Power and Craton Equity Partners. The company has 18 employees. Its website propelfuels.com draws about 16 thousand monthly visits. Its focus areas include Energy, Bioenergy and Retail Fuel Stations.
Company details
Propel was founded in 2004 in Sacramento, United States, within the renewable energy sector. A network of filling stations is owned and operated across California and Washington. Renewable and low-carbon fuels are supplied at retail, alongside mobility solutions. The CleanDrive platform is offered for carbon emission tracking and offsetting via pump-integrated programs. Bulk renewable fuels are provided to commercial customers.
- Headquarters Sacramento, United States
- Employees 18
- SectorsEnergy & Utilities
- Website propelfuels.com
- Social LinkedIn X Facebook
- Total Equity Funding$33.55M (USD)
in 9 rounds
- Latest Funding Round$11M (USD), Series D
Dec 2012
- InvestorsCalifornia Energy Commission
& 4 more
- Employee Count18
Funding Insights of Propel Fuels
Propel Fuels has successfully raised a total of $33.55M across 9 strategic funding rounds. The most recent funding activity was a Series D round of $11 million completed in December 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.
- Total Funding $33.55M
- Total Rounds 9
- Last Round Series D — $11M
- First Round $2.55M
(Jun 2009)
- Investors Count 5
All 9 funding rounds of Propel Fuels with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2012 | $11M | Series D | – | – | |
| Oct 2012 | $10M | Debt – Conventional | – | – | |
| Jun 2012 | $10M | Grant | – | – | |
| Sep 2011 | $3.5M | Debt – Conventional | – | – | – |
| Jul 2011 | Grant | – | – | ||
| Jul 2011 | Grant | – | – | ||
| Aug 2010 | $1M | Grant | – | – | |
| Feb 2010 | $20M | Series C | – | Nth Power, Craton Equity Partners | – |
| Jun 2009 | $2.55M | Series B | – | – | – |
5 investors in total: 5 institutional.
Investors in Propel Fuels
Propel Fuels has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include California Energy Commission, Nth Power and Craton Equity Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital is offered by Nth Power for energy innovation. | nthpower.com | San Francisco, United States | ||
| cratonep.com | ||||
Private equity investments are directed toward growth-stage companies. | capxpartners.com | Chicago, United States | ||
Government agency focused on clean energy investments | 1974 | energy.ca.gov | United States | |
Leadership is provided on agriculture, food, and rural development matters. | usda.gov |
Investor details for Propel Fuels
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Propel Fuels
8 people are tracked at Propel Fuels (6 in leadership, 2 in team); the tracked headcount is 18.
| Name | Role | Group |
|---|---|---|
Ken Jibiki | Director of IT | Leadership |
Parker Chase | VP Fuel Supply | Leadership |
Chris LaPlante | Director of Marketing | Leadership |
Koichi Kurisu | Chief Operating Officer | Leadership |
Rob Elam | CEO and Founder | Leadership |
Joanna Woessner | Director of Human Resources | Leadership |
Jonathan Crawford | Southern California Real Estate Manager | Team |
Ryan Davis | IT Manager | Team |
Complete people profiles for Propel Fuels
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Propel Fuels
3 dated milestones of Propel Fuels across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Propel Fuels is founded.
- Funding First funding round of $2.6M.
- Funding Latest funding round, Series D, of $11.0M.
Web traffic of Propel Fuels
The website of Propel Fuels (propelfuels.com) receives about 16.3K visits a month.
- Monthly visits16.3K
▲ 320.9% vs previous month
Websites whose visitors overlap most with Propel Fuels. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| vacleancities.org | 100% | 4.9K | #2,712,081 | View details | |
h2fcp.org | h2fcp.org | 83% | #659,861 | – | |
| bionavitas.com | 50% | View details | |||
| propel.com | 50% | View details | |||
| inbicon.com | 46% | View details | |||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 11 similar websites and full traffic analytics for Propel Fuels
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 11 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Renewable & Sustainable Energy
3 companies that operate in the same segment as Propel Fuels (Renewable & Sustainable Energy) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Utility-scale renewable energy projects are developed by Enel X. | 2001 | Boston, Massachusetts, United States | USD 168.67 M | |||
Sustainable energy solutions are developed and operated worldwide. | 2000 | Chicago, Illinois, United States | USD 575 M | 1,276 | ||
Solar energy services are provided to residential customers nationwide. | 2007 | San Francisco, California, United States | USD 296.98 M | USD 2.96 B | 11,060 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Propel Fuels
Propel Fuels was founded in 2004 and raised its 1st funding round 5 years after it was founded.
Propel Fuels is headquartered in Sacramento, United States. It is registered at Sacramento, California, United States.
Propel Fuels is a funded company, having raised a total of $33.55M across 9 funding rounds to date. The company's 1st funding round was a Series B of $2.55M, raised on Jun 2009.
Propel Fuels has 18 employees.
Propel was founded in 2004 in Sacramento, United States, within the renewable energy sector. A network of filling stations is owned and operated across California and Washington. Renewable and low-carbon fuels are supplied at retail, alongside mobility solutions. The CleanDrive platform is offered for carbon emission tracking and offsetting via pump-integrated programs. Bulk renewable fuels are provided to commercial customers.
Propel Fuels has 5 investors. Key investors include California Energy Commission, Nth Power, Craton Equity Partners, Capx Partners, and United States Department of Agriculture.