Foley Hoag Represents Tank Utility in $2.2M Financing

September 6, 2016

Foley Hoag LLP recently represented Tank Utility, a service provider of remote monitoring for truck-delivered fuels, in its $2.2M seed funding. The funds will be used to accelerate growth and further Tank Utility’s mission of making truck-delivered energy more efficient and customer-friendly.

Created in 2014, Tank Utility has offices in Massachusetts and Illinois. The company’s offerings include internet-connected tank level monitors, cloud-based software and mobile apps that streamline delivery logistics and improve customer service.

Energy Foundry and Blue Fog Capital led the round with participation from Generac Power Systems, Bolt and several strategic angels.

Foley Hoag attorneys Mark Haddad and Sara Mattern advised Tank Utility in the transaction.

About Foley Hoag LLP

Foley Hoag provides innovative, strategic legal services to public, private and government clients across the globe. We have premier capabilities in the life sciences, healthcare, technology, energy, professional services and investment management fields, and in cross-border disputes. Our professionals  possess the skills  and experience to provide exceptional senior level service to clients ranging from startups to multinational companies to sovereign states. For more information, visit or follow @FoleyHoag on Twitter.