Site Fuel Competitors, Revenue, Alternatives and Pricing

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Overview

Location:
Total Funding:$5M
Industry:Energy/Oil
Founded:2015
Lead Investor(s):Checkmate Capital

Estimated Revenue & Financials

  • Site Fuel received $5.0M in venture funding in April 2018.
  • Site Fuel's total funding is $5M.

Employee Data

  • Site Fuel currently has 1 job openings.

At Site Fuel, we are building the next generation fuel company. But not in the usual way. We are not out buying fuel trucks or other assets. We are not building a small (or large) army of truck drivers. What we are doing is creating some very cool technology to connect fuel suppliers and fuel buyers - general contractors and other construction-related businesses, railway companies, equipment companies, rental businesses, pump and power shops, marinas, and others. Site Fuel has created the first (and only) nationwide network of fuel suppliers; we are a one-stop shop for customers no matter where you are located or what type of fuel you need. Our approach to pricing is also different: As a fuel buyer, we think you should determine the price you want to pay. We also believe that information is power and we allow you to base your price off real-time wholesale (terminal or rack) pricing, for any location in the country. For suppliers we have two easy value propositions: A steady stream of new customers and faster payment. The universe of customers willing to spend time looking through phone books and search engines to find local suppliers is dwindling. A supplier only needs to create an account, tell us what kind of fuel you supply and where, and wait for the requests to start coming in; we do not get in the middle of the deal and you work with the customer directly. And our ability to pull real-time terminal/rack pricing at the time of delivery, allows Site Fuel to create an invoice in about 5 seconds (your driver is likely not even back in his truck and your customer already has the invoice). Pretty cool. We are also a different kind of team. We are business and technology people who love to solve complicated problems and bring years of experience building and leading Silicon Valley businesses. We believe there is tremendous opportunity in and we simply love the fuel space. Come check us out and see what we are up to!

keywords:Marketplaces, Construction, Technology