Press Release

Propel Reaches Silicon Valley’s Top 10

The Silicon Valley Business Journal congratulates Propel for making this year’s ranking of the Fastest Growing Private Companies.

SAN FRANCISCO (October 24, 2014) – The Silicon Valley Business Journal congratulates Propel Fuels (www.propelfuels.com), California’s leading retailer of low carbon fuels, for achieving 348.67% growth and making this year’s ranking of the Fastest Growing Private Companies in the Valley (http://www.bizjournals.com/sanjose/news/2014/10/24/the-50-fastest-growing-private-companies-in.html). 

“In Silicon Valley, it takes explosive growth to get noticed. We’ve found 50 companies whose sales put them at the top of the heap,” said Eric Van Susteren, Associate editor, Silicon Valley Business Journal. “This group of the 50 fastest-growing private companies in Silicon Valley spanned the gamut from selling artificial Christmas trees to creating medical devices aimed at markets worth billions of dollars.”

With 60,000 customer fill-ups every month, Propel’s fuels (Flex Fuel E85, diesel alternatives) have been adopted by drivers in every market, and by every major demographic across California – as well as hundreds of public and private fleets seeking cleaner, high performance fuels for their existing vehicles. Propel’s partnership model provides a strong value proposition to location partners, driving significant new traffic to their stations and allowing operators to monetize an unused portion of their site. More information on Propel’s fuels, current and future station locations can be found at www.propelfuels.com.

About Propel
Headquartered in California, Propel Fuels operates a growing network of filling stations in California and Washington State providing convenient access to high performance, low carbon fuels that are more affordable than conventional petroleum. The company offers consumers and fleets better fuel choices that increase horsepower, extend engine life, and reduce harmful emissions.  Propel has also developed CleanDrive®, the nation’s first integrated carbon emission reduction tracking platform.

Propel is one of the nation’s fastest growing companies, ranked among the top 10 in Silicon Valley, the top 25 in the Bay Area and is recognized by Inc. Magazine’s “Inc. 500”. More information is available at www.propelfuels.com and by following Propel on Twitter at: @PropelFuels.