COMPANY PROFILE

Tankfarm

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Social propane purchasing system for residential and small commercial users

Nashville, United StatesFounded 2016Energy

Valuation $100–250M Last recorded · 2023

Headcount <100 Current team size

Total funding $10–50M Disclosed equity funding

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About Tankfarm

Tankfarm operates in the propane supply industry, offering a unique service model that emphasizes simplicity, transparency, and fairness. The company serves residential and commercial clients who require propane for heating, cooking, and other energy needs. Tankfarm differentiates itself by eliminating common fees such as installation and yearly tank rental fees, which are typically charged by other propane suppliers. Instead, customers only pay for the propane they use, benefiting from competitive market pricing. The company also provides 24/7 tank monitoring services, although availability may vary by location. Tankfarm's business model leverages technology to reduce overhead costs, allowing these savings to be passed on to customers. Revenue is generated through the sale of propane, with a focus on maintaining low operational costs to offer competitive pricing.

MoreLess Source: Dealroom company data

At a glance

Status: Operational
Founded: 2016
Headquarters: Nashville, United States
Employees: 26
Open positions: None listed
Dealroom signal: 27.1/100
Industry: Energy
Sub-industry: Clean Energy
Sector: Energy, Hard Tech
Links: Website LinkedIn X

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Funding history

3 recorded events

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
SERIES B✓Equity / VC	Sep 2023	$23M	$92M	Undisclosed	↗
EARLY VC✓Equity / VC	Oct 2022	$0	—	Claritas Capital	—

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Growth signals

Tankfarm website traffic

Latest recorded traffic for Tankfarm is 5.9K monthly website visits, up 5.4% over the last three months. Tankfarm's team declined 31.6% over the past year.

Latest monthly visits5.9K 3-month web change+5.4% 1-year team growth-31.6%

Monthly website visitsDec 2018–Jul 2026

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