About Tankfarm
Tankfarm is an Energy & Utilities company based in New York (United States) founded in 2016 by Andrew Heaney. Propane tank monitoring and transportation solutions are provided by Tankfarm. It operates on a Direct-to-Consumer (D2C) model. Tankfarm has raised $26.5 million across 2 funding rounds. Its chief executive, as recorded, is Andrew Heaney. Its website tankfarm.io draws about 11 thousand monthly visits. Tankfarm offers products and services including Propane Delivery. Its focus areas include Energy, Oil & Gas and Propane Distribution. Its legal entity is Tankfarm Inc. Its competitors include Suburban Propane, AmeriGas and Mopeka.
Company details
Tankfarm is involved in the distribution of propane to residential customers across the United States. The company utilizes proprietary technology to enhance delivery efficiency, ensuring lower prices and improved service. Solutions are provided to prevent customers from running out of propane through precise tank monitoring. The sector focus is on energy, specifically within the propane industry, aiming to eliminate hidden fees and offer convenient payment plans.
- Headquarters New York, United States
- Founders Andrew Heaney
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website tankfarm.io
- Social LinkedIn X Facebook Instagram
- Legal Name Tankfarm Inc.
- Total Equity Funding$26.5M (USD)
in 2 rounds
- Latest Funding Round$23M (USD), Series B
Sep 2023
Products & Services of Tankfarm
Tankfarm offers a comprehensive portfolio of products and services, including Propane Delivery.
Propane is delivered efficiently to residential customers daily.
Funding Insights of Tankfarm
Tankfarm has successfully raised a total of $26.5M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $23 million completed in September 2023. 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 $26.5M
- Total Rounds 2
- Last Round Series B — $23M
- First Round $3.5M
(May 2020)
All 2 funding rounds of Tankfarm 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 |
|---|---|---|---|---|---|
| Sep 2023 | $23M | Series B | – | – | – |
| May 2020 | $3.5M | Series A | – | – | – |
People of Tankfarm
10 people are tracked at Tankfarm (6 in leadership, 4 in team).
| Name | Role | Group |
|---|---|---|
Andrew Heaney | Founder & CEO | Leadership |
Zach Steigerwald | VP Of Finance | Leadership |
Liz Doroski | Vice-President, Sales | Leadership |
Daniel Chen | Vice President Customer Experience | Leadership |
Jay Choi | VP, Product | Leadership |
Mark Zimora | Chief Operating Officer | Leadership |
Kylie Dorenkemper | Sales Representative | Team |
Jay Meyers | General Counsel | Team |
Erin Changary | Customer Resolution and Retention Specialist | Team |
Grace Kuboyama | Customer Experience Associate | Team |
Complete people profiles for Tankfarm
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 Tankfarm
3 dated milestones of Tankfarm across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Tankfarm is founded.
- Funding First funding round of $3.5M.
- Funding Latest funding round, Series B, of $23.0M.
Competitors of Tankfarm
Tankfarm has 3 listed competitors in our database. They include Suburban Propane, AmeriGas and Mopeka.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| suburbanpropane.com | 1928 | Hanover, United States | 3,240 | Oil products marketing and distribution service provider | ||
| amerigas.com | 1959 | King Of Prussia, United States | Propane is distributed nationwide from over 2,500 locations. | |||
| mopeka.com | 2013 | United States | Provides sonar technology for accurate tank level monitoring in various industries. |
Detailed competitors of Tankfarm
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Tankfarm
The website of Tankfarm (tankfarm.io) receives about 10.8K visits a month.
- Monthly visits10.8K
▲ 28.1% vs previous month
Websites whose visitors overlap most with Tankfarm. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
yourestateally.com | yourestateally.com | 100% | #7,186,207 | – | |
hometheateracademy.com | hometheateracademy.com | 98% | #1,349,786 | – | |
brentonmcwilliams.com | brentonmcwilliams.com | 95% | #4,089,340 | – | |
bstco.com | bstco.com | 83% | #4,137,791 | – | |
lahlawfirm.com | lahlawfirm.com | 82% | – |
Top companies in Oil & Gas Technology Solutions
3 companies that operate in the same segment as Tankfarm (Oil & Gas Technology Solutions) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AI-based software for manufacturing process optimization is offered. | 1981 | Bedford, United States | USD 100 M | USD 5.21 M | 64 | |
Cloud infrastructure and AI-optimized data centers are provided. | 2018 | Denver, Colorado, United States | USD 6.67 B | 1,820 | ||
AI-driven urban datasets and analysis tools are offered by Urbint. | 2015 | New York, New York, United States | USD 130.08 M |
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Frequently Asked Questions about Tankfarm
Tankfarm was founded in 2016 and raised its 1st funding round 4 years after it was founded.
Tankfarm is headquartered in New York, United States. It is registered at New York, New York, United States.
Andrew Heaney is the CEO of Tankfarm, as recorded in our data. They have also founded this company.
Tankfarm is a funded company, having raised a total of $26.5M across 2 funding rounds to date. The company's 1st funding round was a Series A of $3.5M, raised on May 2020.
Tankfarm is involved in the distribution of propane to residential customers across the United States. The company utilizes proprietary technology to enhance delivery efficiency, ensuring lower prices and improved service. Solutions are provided to prevent customers from running out of propane through precise tank monitoring. The sector focus is on energy, specifically within the propane industry, aiming to eliminate hidden fees and offer convenient payment plans.
Tankfarm's top competitors include Suburban Propane, AmeriGas and Mopeka.
Tankfarm offers Propane Delivery.
Tankfarm operates through Tankfarm Inc..