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
-
Anthony LacenereCEO
(Leads financing and investor relations, also strategic sales/partnerships)
-
Yunsu ParkCTO
(Leads operations and is responsible for all aspects of technology and development.)
-
Timm RawaCFO
(Responsible for tax preparation, financial reporting, budgeting and cost analysis.)
-
Worth ArchambaultVP Sales and Business Development
(Responsible for direct and channel sales and marketing.)
Advisors
-
Saul EwingLawyerUnconfirmed
Previous Investors
-
Innovation Works, Arnold Ventures, iNetworksUnconfirmed
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