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Booster

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Focuses on energy delivery, integrated logistics, and providing solutions for decarbonizing last-mile delivery

Foster City, United StatesFounded 2014Transportation
Valuation $500M–1B Last recorded · 2022
Headcount 100–500 Current team size
Total funding $100–500M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Booster and the history behind them.

About Booster

Booster is a mobile fuel delivery service that caters to mixed fleets. The company operates in the fuel delivery market, providing services to a wide range of clients that operate a fleet and have wet-hosing fuel or bulk fuel needs. Booster's business model is centered around improving fleet efficiency and productivity by eliminating off-route mileage, vehicle costs associated with increased wear and tear, labor costs, and theft.

The company integrates with WEX, Voyager, and Comdata, providing a personalized dashboard where clients can view and manage their fuel data, schedule, payments, and more. Booster's services are designed to offset the cost of mobile refueling, resulting in an overall increase in fuel efficiency and a reduction in operating costs.

Booster also offers a solution to fuel card fraud, which can account for 5-10% of a fleet's total incurred expenses. By delivering fuel directly to fleet vehicles, the company reduces the risk of fraud and slippage.

The company adheres to the highest safety standards, meeting or exceeding all DOT, EPA, fire, and air quality requirements for transporting, storing, and dispensing fuel. Its service professionals are comprehensively trained to ensure safety is always their top priority.

Booster provides a variety of fuel types, including gasoline, diesel, renewable diesel, ethanol blends, synthetic blends, biodiesel, and diesel exhaust fluid (DEF). The company is currently active coast-to-coast and is expanding with additional fuel types regularly.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2014
Headquarters
Foster City, United States
Employees
294
Open positions
None listed
Dealroom signal
87.8/100
Industry
Energy, Transportation
Sub-industry
Logistics & Delivery
Sector
Transportation, Energy Supply, Hard Tech
Technology
IoT InternetOfThings
Business model
Manufacturing
Client focus
b2b
Investment activity
1 company, latest Feb 2023
Capital deployed
$750K
Preferred round
SEED

Funding history

6 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES DOther financing May 2022 $125M $500M Version One Ventures · Cercano Management · Enterprise Holdings · Equinor Ventures ↗
SERIES COther financing Jun 2019 $56M $224M Cercano Management · Conversion Capital · Maveron · Madrona Venture Group —
Showing the latest 2 of 6 recorded eventsBook a demo for the full funding history →

Growth signals

Booster website traffic

Latest recorded traffic for Booster is 16K monthly website visits, up 2185.7% over the last three months. Booster's team grew 5.8% over the past year.

Latest monthly visits16K 3-month web change+2185.7% 1-year team growth+5.8%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investors

18 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed3 investors entered at this stage

Series A5 investors entered at this stage

Series B and later10 investors entered at this stage

  • Cercano Management
  • Invus
  • TotalEnergies Carbon Neutrality Ventures
  • Rose Park Advisors
  • Enterprise Holdings
  • Equinor Ventures
  • Renewable Energy Group
  • Thayer Ventures
  • Mitsubishi
  • Chaac Ventures
Team profiled 22 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
7 countries with
team presence
🇺🇸 United States90.1%
🇭🇷 Croatia3.3%
🇩🇪 Germany2.2%
🇵🇭 Philippines1.1%
🇵🇰 Pakistan1.1%
Top 5 of 7 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Booster on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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