MILLBROOK, N.Y.Tankfarm announced that it has brought on veteran tech investor Edward Mirsepahi as its founding chief financial officer.

“Mirsepahi comes to us after an investing career that spans over 25 years on Wall Street and, most recently, as a Silicon Valley-based investment manager who consistently delivered market-beating returns to his investors,’ said Andrew Heaney, Tankfarm co-founder and chief executive officer. ‘Mirsepahi's experience in leading and managing organizations, plus his unique understanding of technology-enabled service businesses like Tankfarm, is going to be a tremendous asset to us, especially as we embark on raising our Series-B.”

Tankfarm invests in software and tank monitors to make deliveries more efficient and profitable for suppliers and more convenient for consumers. The company aims to improve the propane industry’s approach to technology, so it can begin to meet the expectations of today’s propane consumer. The United States propane industry is highly fragmented and has been slow to embrace new technology.

 

“In less than two years, Tankfarm has built a high-powered C-suite with over a hundred years experience in the propane, technology and financial industries," Heaney said. “Combined with our amazing and talented product, sales and customer support teams we’re well-positioned to develop the best customer experience in the propane industry.”