Fundz

Tankfarm Raises $3.5M To Transform Propane Industry With Consumer-Friendly Technology

PRIVATEMay 27, 2020

Amount Raised

$3 Million

Round Type

Seed

NashvilleEnergyOil And Gas

Description

Tankfarm, a new kind of propane distribution company, announced today that it has closed $3.5M in Series-A funding for its platform that modernizes and streamlines propane distribution in the U.S. The round was joined by a series of strategic investors. With this funding, Tankfarm will advance the development of its software, expand its team, and fuel growth of the Tankfarm network.

Quick answer

Tankfarm raised $3 Million in a Seed round, dated May 27, 2020. Tankfarm is based in Nashville, Arkansas, United States.

How much did Tankfarm raise?
Tankfarm raised $3 Million in a Seed round on May 27, 2020.
What does Tankfarm do?
Tankfarm is a propane distribution company that invests in proprietary software and sensors to create a superior customer experience and greater logistical efficiency to the propane industry.
Where is Tankfarm based and how big is it?
Tankfarm is based in Nashville, Arkansas, United States.
Who are the decision-makers at Tankfarm?
Fundz holds 1 contact at Tankfarm. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy and Oil And Gas around the same time

Companies in the same sectors as Tankfarm that raised within 45 days of this round, from Fundz verified event records.

  • Flotek raised $12M on June 1, 2020.
  • Noble Plains Uranium raised $4K (Pre-Seed) on June 1, 2020.
  • EIG raised $1B (Funding Round) on May 18, 2020.
  • Shoal Point Energy Ltd. raised $50K (Pre-Seed) on July 9, 2020.
  • Flux Power Holdings raised $7M (Post-IPO Equity) on July 8, 2020.
  • PETROTEQ ENERGY INC. raised $100K (Seed) on July 8, 2020.

Who to call at Tankfarm, and when

A new round usually means Tankfarm is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Tankfarm

Location

Nashville, Arkansas, United States

About

Tankfarm is a propane distribution company that invests in proprietary software and sensors to create a superior customer experience and greater logistical efficiency to the propane industry. Tankfarm offers transparent pricing, no fees, free tank monitoring and a guarantee that our customers will never run out of propane. The Tankfarm supplier network spans 37 states and over 400 locations. Tankfarm is a member of the World Liquid Propane Gas Association (WLPGA), the National Propane Gas Association (NPGA), the Propane Gas Association of New England (PGANE), the Maine Energy Marketers Association, the New York Propane Gas Association (NYPGA), the New Jersey Propane Gas Association (NJPGA), the Pennsylvania Propane Gas Association (PAPGA), the Mid-Atlantic Propane Gas Association (MAPGA) the Virginia Propane Gas Association (VPGA), the Rocky Mountain Propane Association (RMPA), the Western Propane Gas Association (WPGA), the Pacific Propane Gas Association (PPGA), and the Texas Propane Gas Association (TPGA).

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Related People

1 contact
Predictive Intelligence
Strategic

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Tankfarm raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.