SiteFuel, Inc.

SiteFuel, Inc. is a provider of mobile onsite fuel delivery services across the United States, ensuring timely and efficient fuel solutions for various industries. Founded in 2015 in Newport Beach, US, SiteFuel, Inc. specializes in mobile onsite fuel delivery.

The company has successfully completed one deal, with its most recent funding round occurring on April 24, 2018. During this Series A round, the company raised USD 5. 00 mn, led by Checkmate Capital. SiteFuel specializes in mobile onsite fuel delivery, leveraging the largest network of fuel suppliers across the United States.

Its core offerings include the delivery of clear ultra-low sulfur diesel, dyed ultra-low sulfur diesel, gasoline across all grades, and propane. The company serves a diverse clientele from single-family farms to major construction companies, ensuring reliable fuel delivery through an app-based interface and real-time tank monitoring, operating in all 48 contiguous states. SiteFuel generates revenue through comprehensive fuel delivery services primarily structured around business-to-business transactions. Clients engage for 24/7 on-demand fuel delivery, with revenue deriving from individual service fees for each delivery and potential ongoing partnerships for regular refueling needs, ensuring a structured approach to billing.

In April 2018, SiteFuel, Inc. secured USD 5. 00 mn in funding from Checkmate Capital, which will be utilized to further enhance its service offerings and possibly expand into new markets. The company is exploring opportunities to launch new products aimed at improving fuel management solutions.

Specific markets targeted for expansion include increased penetration within the agricultural and construction sectors across the United States.