Written on: March 3, 2021 by ICM
Residential propane distribution company Tankfarm, Millbrook, NY, has hired veteran tech investor Edward Mirsepahi as its Founding CFO.
“Edward comes to us after an investing career that spans over 25 years on Wall Street and, most recently, as a Silicon Valley-based investment manager who consistently delivered market-beating returns to his investors,” said Andrew Heaney, Tankfarm Co-Founder & CEO. “Edward’s experience in leading and managing organizations, plus his unique understanding of technology-enabled service businesses like Tankfarm, is going to be a tremendous asset to us, especially as we embark on raising our Series-B.”
Tankfarm invests in software and tank monitors to make deliveries more efficient and profitable for suppliers and more convenient for consumers. The company aims to improve the propane industry’s approach to technology, so it can begin to meet the expectations of today’s propane consumer.
“In less than two years, Tankfarm has built a high-powered C-suite with over a hundred years experience in the propane, technology and financial industries,” Heaney explained. “Combined with our amazing and talented product, sales and customer support teams we’re well-positioned to develop the best customer experience in the propane industry.”
Tankfarm builds software and applications that connect propane customers with suppliers in an easy, intuitive, transparent way. It is free to use. Tankfarm has partnered with top propane marketers in 30 states and from over 200 locations. Its mobile app communicates with a wireless monitor Tankfarm places on all tanks to help customers know how much propane they have in their tank, how much they’re using and when they’re using it.
For more information, visit: https://tankfarm.io