{{Infobox company | name = Booster Fuels | logo = BOOSTLOGO.jpg | logo_size = 180px | image = | image_caption = | type = [[Private company|Private]] | traded_as = | area_served = [[Dallas]], [[San Francisco Bay Area]], [[Orange County, California]] | key_people = Frank Mycroft<br><small>(CEO)</small><br>Joseph Okpaku<br><small>(Chief Policy Officer)</small> | industry = Fuel | products = Gasoline (Regular, Premium) | revenue ={{Increase}} $65 Million(2018)<ref>{{Cite web|url=https://www.cnbc.com/2018/11/21/booster-fuels-refills-employees-cars-at-paypal-facebook-pepsi.html#:~:text=Booster%20generates%20%24180%2C000%20in%20revenue,tight%20lanes%20of%20parking%20lots.|title = Booster Fuels designed a truck that can squeeze through parking lots to refill your car while you work|website = [[CNBC]]|date = 22 November 2018}}</ref> | net_income= | num_employees = 200<ref>{{cite press release |last1=Tansey |first1=Bernadette |title=Booster Scores $56M to Scale Mobile Fill-Ups |url=https://xconomy.com/san-francisco/2019/06/25/hate-to-pump-gas-booster-scores-56m-to-scale-mobile-fill-ups/ |date=June 25, 2019 |publisher=Xconomy, Inc.}}</ref> | slogan = | homepage = | caption = | founders = Frank Mycroft<br>Diego Netto<br>Tyler Raugh<br>Brandon Darcy (Founding Driver) | foundation = 2015 | location = [[San Mateo, California]], [[United States]] |}}
'''Booster Fuels''' is a company that develops an app-based service (also called Booster Fuels) to deliver and pump gas in office parking lots. The [[San Mateo, California]]-based startup partners with campus-based companies, commercial real estate owners, universities, and commercial fleets. The company has stated that it serves tens of thousands of commuters working at more than 300 companies, including [[Cisco]], Oracle, [[eBay]], Pepsico, and [[Facebook]].<ref name=bm>{{cite news |first=Bérénice |last= Magistretti |url= https://venturebeat.com/2017/08/01/booster-fuels-its-mobile-gas-station-service-with-20-million-in-funding/|title= Booster fuels its mobile gas station service with $20 million in funding|newspaper=Venture Beat |date= August 1, 2017}}</ref>
== History == Booster Fuels was founded in 2015 by Frank Mycroft, Diego Netto and Tyler Raugh. In its first 18 months, the company reportedly delivered more than 3 million gallons of gasoline to its customers in the San Francisco Bay and Dallas-Fort Worth suburbs.<ref>{{Cite news|last=Dickson|first=Gordon|url=http://www.star-telegram.com/news/traffic/your-commute/article144158154.html|title=Booster Fuels pumps 3 million gallons of gas as it expands in DFW|work=star-telegram|date=April 12, 2017}}</ref> By the end of 2020, Booster had announced expansion into new markets including [[Seattle]], [[Washington,_D.C.|Washington D.C.]] and [[Maryland]].<ref name="Soper2019">{{cite news |last1=Soper |first1=Taylor |title=Booster Fuels brings mobile gas delivery service to Seattle region as part of nationwide expansion |url=https://www.geekwire.com/2019/booster-fuels-brings-mobile-gas-delivery-service-seattle-region-part-nationwide-expansion/ |access-date=4 March 2021 |publisher=GeekWire |date=November 12, 2019}}</ref><ref name="WRS2020">{{cite news |last1=Work Truck Staff |title=Booster Fuels Expands to Washington, D.C. |url=https://www.worktruckonline.com/10121060/booster-fuels-expands-to-washington-d-c |access-date=4 March 2021 |publisher=WorkTruck |date=July 13, 2020}}</ref>
==Business== Booster Fuels' service delivers fuel to fleet and office and commercial parking lots using company-branded purple fuel trucks.<ref name=Ellman2019>{{cite news |last1=Ellman |first1=Glen |title=Booster Fuels raises $56M in funding from Invus Opportunities |url=http://www.fortworthbusiness.com/news/booster-fuels-raises-m-in-funding-from-invus-opportunities/article_3131eab4-986b-11e9-9250-af71f8ea304a.html |accessdate=20 September 2019 |agency=Fort Worth Business Press |date=June 26, 2019}}</ref><ref> {{Cite web|url=https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapid=302462869|title=Booster Fuels, Inc.: Private Company Information - Bloomberg|website=Bloomberg.com|access-date=April 22, 2018}}</ref> Customers order fuel through contracts they have with Booster, either as companies to fuel [[Fleet vehicle|fleet vehicles]] or as individuals requesting fuel while parked, who may do so using a mobile application.<ref name=Ellman2019 /><ref name=mercury>{{Cite news|last=Sciacca|first=Annie|url=https://www.mercurynews.com/2017/05/10/this-bay-area-startup-wants-to-eliminate-your-trip-to-the-gas-station/|title=This Bay Area startup wants to eliminate your trip to the gas station|date=May 10, 2017|work=The Mercury News}}</ref> The company is required to have a permit in each city it services.<ref name=mercury/>
==Funding== Booster Fuels received $3.1 million in a 2015 funding round from venture capital firms. By 2016 the company raised $9 million in a Series A funding round from Maveron, Madrona Venture Group, Version One Ventures and [[RRE Ventures]].<ref>{{Cite news|last=Soper|first=Taylor|url=https://www.geekwire.com/2015/meet-boosterfuels-stealthy-startup-refuels-your-car-while-you-work-eliminates-trips-to-gas-station/|title=Meet Booster Fuels: Stealthy startup refuels your car while you work, eliminates trips to gas station|date=October 21, 2015|work=GeekWire}}</ref> By August 2017, the company had raised $20 million in funding from a round led by Conversion Capital. In 2019, Booster completed its Series C funding, raising an additional $55 million.<ref name=sec>{{cite web |title=Booster Fuels, Inc. Form D|url=https://www.sec.gov/Archives/edgar/data/1643021/000164302119000004/xslFormDX01/primary_doc.xml |website=SEC.gov |publisher=United States Securities and Exchange Commission |date=May 15, 2019}}</ref>
{{bar box |title=Funding |titlebar=#DDD |float=left |left1=Year |right2=Amount |barwidth=240px |width=400px |bars= {{bar pixel|2019|blue|200||$55 million}} {{bar pixel|2017|orange|73||$20 million}} {{bar pixel|2016|red|33||$9 million}} {{bar pixel|2015|brown|11||$3 million}} |caption=Source:<ref name=sec/> }} {{clear}}
==References== {{Reflist|30em}}
[[Category:American companies established in 2015]] [[Category:Companies based in San Mateo, California]]