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A8752839 2ca0 4105 a76f 3bc59f9fd308

Propel IT, Inc.

Propel provides technology that allows drivers in the trucking industry to manage their behavior as it relates to fuel efficiency.

  • Stage Concept Only
  • Industry Software
  • Location Pittsburgh, PA, USA
  • Currency USD
  • Employees 7
  • Website propelit.net

Company Summary

Propel is focused on growing sales of its FuelOpps product, which has already attracted prominent Class-l Motor Carriers as customers. FuelOpps is a product that has been proven at top Class-I Motor Carriers to increase their profit margins by more than 60%. This is attributed to a 10% reduction in fuel cost, which roughly accounts for 50% of a Motor Carrier’s operating cost when diesel fuel is priced at $4.00 per gallon.

Team

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    Anthony Lacenere
    CEO

    (Leads financing and investor relations, also strategic sales/partnerships)

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    Yunsu Park
    CTO

    (Leads operations and is responsible for all aspects of technology and development.)

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    Timm Rawa
    CFO

    (Responsible for tax preparation, financial reporting, budgeting and cost analysis.)

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    Worth Archambault
    VP Sales and Business Development

    (Responsible for direct and channel sales and marketing.)

Advisors

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    Saul Ewing
    Lawyer
    Unconfirmed

Previous Investors

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    Innovation Works, Arnold Ventures, iNetworks
    Unconfirmed