Propel Fuels is a commercial fuel provider that has a mobile application with a list of their locations.
Rob Elam and Michael Kudriavtseff founded Propel Fuels in Seattle WA,in 2004. Fueling change means empowering drivers with a way to make clean, American-made fuels a part of our daily lives. The American consumer has waited too long for a better fueling option, one that positively affects our economy, and our environment.Propel builds, owns and operates a growing network of clean fueling points. Our goal is to provide you with easy access to high quality clean fuels, and quantify the positive impact of your fuel choice. Propel CleanDrive shows the difference you make when you choose renewable fuels instead of petroleum. And weâ€:tm:re building clean fuel points both at traditional gas stations, and in new locations convenient to you.Together, we can change what we put in our tanks, protect our environment, and break free from imported oil.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Mar 15, 2010 | Grant | $10.90M | 1 | — | — | Detail |
Feb 10, 2010 | Debt Financing | $8M | 1 | — | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
US Department of Energy | — | Grant |
Hercules Capital | — | Debt Financing |