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Booster
Focuses on energy delivery, integrated logistics, and providing solutions for decarbonizing last-mile delivery
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 dataAt 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
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| 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 | — |
Growth signals
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.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed3 investors entered at this stage
Conversion Capital
Madrona Venture Group
Perot Jain
Series A5 investors entered at this stage
Version One Ventures
Maveron
StartX- BIBADR investments
RRE Ventures
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
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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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