TankScan
TankScan is a private Eden Prairie, Minnesota-based industrial-IoT company, founded in 2003, that provides wireless tank monitoring hardware and daily fuel inventory reporting services to fuel distributors and industrial fluid storage operators.
- Company typePrivate
- Founded2003
- HeadquartersEden Prairie, United States
- Headcount251–500
- GTM typeB2B
- OfferingServices
What TankScan does
TankScan is a privately held industrial-IoT company headquartered in Eden Prairie, Minnesota, founded in 2003. The company provides wireless tank monitoring services that deliver daily reports of tank readings and fuel inventory levels, targeting customers who need continuous visibility into on-site fuel and fluid storage — most likely propane distributors, fuel-oil dealers, fleet operators, and industrial fluid handlers, based on the standard addressable market for this product category.
The core product offering centers on wirelessly connected tank sensors that transmit readings on a recurring basis, paired with a fuel inventory system that converts raw tank-level data into usable inventory reports. Functionally, this allows customers to automate tank-level monitoring, schedule deliveries based on actual consumption, and reduce manual stick-reading labor. Underlying components appear to include tank-mounted wireless telemetry hardware and a cloud-hosted reporting/delivery layer; however, the input data does not specify protocols, network architecture, sensor generations, or any proprietary analytics or AI layer.
TankScan's business model is consistent with a hybrid hardware-plus-recurring-monitoring model: customers purchase or lease the monitoring hardware and pay for the ongoing daily reporting service. The firm employs 251–500 people, indicating an established mid-market operation rather than an early-stage startup. The company website returned only a loading/verification page at the time of capture, so details on pricing, channel structure, customer logos, distributor relationships, and geographic footprint are not available in the source data.
TankScan firmographics
Firmographics- Name
- TankScan
- Website
- https://tankscan.com
- Company type
- Private
- Founded year
- 2003
- Headcount range
- 251–500 employees
- Short description
- TankScan is a private Eden Prairie, Minnesota-based industrial-IoT company, founded in 2003, that provides wireless tank monitoring hardware and daily fuel inventory reporting services to fuel distributors and industrial fluid storage operators.
- Ownership category
- akta.pro rank
Where TankScan is headquartered
LocationHeadquarters
- HQ city
- Eden Prairie
- HQ country
- United States
- HQ region
- North America
Markets served
TankScan business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Technology or R&D, Personnel, Operations, Supply Chain, Marketing or Sales, Infrastructure
TankScan product offering
Product offeringCore offering
TankScan offers wireless tank monitoring services, providing daily reports of tank readings and fuel inventory systems. The company delivers automated monitoring and reporting for businesses that rely on bulk liquid storage such as fuel, oil, and other industrial fluids.
Differentiator
Problem solved
Functional benefit
Products and services
- Wireless Tank Monitoring Service
- Daily Tank Reading Reports
- Fuel Inventory System
Companies that use TankScan
Customer profileIdeal customer profiles1 record
TankScan technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
TankScan competitors and assessment
Company assessmentDirect peers
- Smartrak: Smartrak provides fuel and asset monitoring solutions (including tank level monitoring) primarily across New Zealand and Australia, with a comparable wireless monitoring service for fuel distributors and fleet operators.
- Piusi: Piusi is an Italian-headquartered manufacturer of fuel management equipment, including tank monitors, transfer pumps, and fleet fueling management — a directly comparable fuel inventory and tank monitoring solutions provider with global reach.
- Tank Utility: Tank Utility provides wireless tank level monitoring and reporting, with a focus on propane and heating oil tanks; a directly comparable wireless monitoring service for residential and commercial liquid tank customers.
- Geometris: Geometris offers wireless remote tank monitoring and asset visibility solutions for fuel and industrial liquid storage, directly comparable to TankScan's monitoring-as-a-service model.
- Otodata: Otodata is one of the largest North American providers of wireless tank monitoring hardware and SaaS for fuel and bulk-liquid tanks, with a directly comparable product offering, business model, and target customer base.
Emerging players
- Silentium Defence: Silentium applies passive sensing and tank monitoring technology to bulk liquid storage, intersecting with TankScan's wireless monitoring niche through a different sensing modality but similar target use cases.
Broad incumbents
- OPW (a Dover company): OPW supplies fuel-handling equipment and electronic monitoring/sensor products for retail and commercial fuel sites; a broad incumbent with overlapping tank monitoring and inventory visibility offerings.
- Samsara: Samsara is a broad IoT/fleet management platform that has expanded into fuel and tank level monitoring as part of its connected operations offering, providing an alternative for fleets that prefer an integrated platform over a pure-play tank monitor.
- Veeder-Root (Gilbarco Veeder-Root): Veeder-Root is the legacy incumbent in fuel-site automatic tank gauging and inventory management, offering a much broader portfolio of forecourt equipment and monitoring systems that overlaps directly with TankScan's core offering.
- Franklin Fueling Systems: Franklin Fueling Systems manufactures fuel management hardware and software for forecourts and bulk storage, including tank monitoring — a broader incumbent that competes in the same end markets as TankScan.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks4 records
Key highlights4 records
Customer concentration
TankScan social profiles
Digital presenceTankScan financial estimates
Financial estimateRevenue estimate
Valuation estimate
TankScan leadership team
Management profileNumber of profiles
TankScan funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
TankScan M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about TankScan
What does TankScan do?
TankScan offers wireless tank monitoring services, providing daily reports of tank readings and fuel inventory systems. The company delivers automated monitoring and reporting for businesses that rely on bulk liquid storage such as fuel, oil, and other industrial fluids.
Is TankScan a public or private company?
TankScan is a private company. It is classified as unknown.
When was TankScan founded?
TankScan was founded in 2003. It employs 251 to 500 people.
Where is TankScan based?
TankScan is headquartered in Eden Prairie, United States, in the North America region.
Who are TankScan's main competitors?
Direct peers on record are Smartrak, Piusi, Tank Utility, Geometris and Otodata. Silentium Defence is listed as an emerging player. Broad incumbents are OPW (a Dover company), Samsara, Veeder-Root (Gilbarco Veeder-Root) and Franklin Fueling Systems.
Does TankScan have an API?
No public API is recorded for TankScan.