Founded with a mission to revolutionize the fuel distribution industry, POEM Technology specializes in cellular Internet of Things (IoT) technology. The company offers advanced IoT platforms, including DASH and IoTa, which are integral to their state-of-the-art tank monitoring systems for fuel distributors. By providing accurate, low-cost, and easy-to-install internet-enabled tank monitoring solutions, POEM aims to capture a significant share of the $30 billion annual fuel distribution market.
POEM Technology has garnered attention for its innovative approach to IoT in fuel management. The company’s notable achievements include the development and successful deployment of their DASH and IoTa platforms, which have significantly improved operational efficiency for fuel distributors. Their impact is evident in the enhanced ability of clients to monitor oil levels in real-time, thereby reducing costs and preventing run-outs. Key investors and affiliated individuals have supported POEM in its journey to become a leader in the IoT space for fuel distribution.
Quick Facts
How much disclosed funding has POEM Technology raised?
As of Jun 1, 2021, POEM Technology has disclosed funding of $439k (USD).
