Booster, which fuels fleets for Amazon and UPS, expands to Portland and other new cities
(Booster Fuels Photo)
Booster Fuels, a startup that offers mobile gas fueling and electric vehicle charging, is rolling out a fleet of its mobile fueling trucks in three new cities.
The startup partners with Amazon, UPS, Imperfect Foods, and others to help provide on-the-go fuel. It is expanding to Portland, Ore., Philadelphia, and Boston. In October, the company will begin operating in Phoenix.
Booster, which competes with well-funded startups like Yoshi, raised $125 million in May to boost its fleet of vehicles. The company works with large enterprises to fuel up their delivery fleets, and also provides fuel to employee vehicles in private corporate parking lots. It also launched a consumer business and offers delivery of renewable diesel and on-demand electric vehicle charging.
“Given the shifts in the global energy landscape — rising fuel costs, growing challenges and delays around wide-scale electrification, concerns about supply chain disruption — enterprise customers are increasingly looking for reliable energy delivery who can help reduce these pain points,” co-founder and CEO Frank Mycroft said in a news release. “Energy-as-a-service will become even more critical as we navigate these ongoing challenges.”
Mycroft, a former Boeing engineer, founded the startup in 2015 in Seattle before relocating it to the Bay Area. The company’s expansion coincides with a booming delivery-of-everything economy, which was furthered propelled by the pandemic. Once operating in Phoenix, the company will be in 13 major cities nationwide.
Booster investors include Seattle-based firms Madrona Venture Group, Maveron, and Cercano Management (previously known as Vulcan Capital). Vancouver, B.C.-based Version One Ventures is also an investor.