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Booster Fuels
On-demand gas delivery
- 201-500 employees
- B2C
- Energy
- Transport
- Downtown, San Mateo, CA
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Company mission
To delight all drivers with on-demand gas delivery.
36% employee growth in 12 months
Our take
Booster Fuels is making inroads in the fuel industry by delivering gas, diesel and electric charging to customer cars while they’re parked. In short, it’s an app-powered mobile gas station which makes its money by cutting out the middleman i.e. the station premises itself, while charging market rates.
By offering its services to businesses while their employees are at work, retail parks while customers shop, and residential blocks while residents are at home, the company is able to make dozens of transactions in one trip.
The company has raised substantial capital, and while it seems one of the main barriers to continued growth will be meeting safety regulations and dealing with the bureaucracy that comes with this from state to state, but that hasn’t proved to be a huge problem so far in its growth across the country.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- Learning community
- Early equity
- Convenient location
- Company gas perks
- Competitive benefits
Funding (last 2 of 5 rounds)
May 2022
$125m
SERIES D
Jun 2019
$56m
SERIES C
Total funding: $213.2m
This company has top investors
Leadership
Frank Mycroft
(CEO)Studied at Princeton and Harvard Business School. They were a NASA Research Fellow and a Spacecraft Systems Engineer at Boeing. Former VP of Strategy at Planetary Resources.
Diego Netto
(Technologist in Residence)Started out as a Software Engineer at Qualcomm, and then worked as a Software Consultant at companies such as Fossil Group and Taleris.
Tyler Raugh
(President - B2B)They have an MBA from Stanford. Former Trading Analyst at BP and a Private Equity Associate at Natural Gas Partners.