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Gravitate Energy provides AI-powered software to optimize fuel supply chains and logistics for energy and commodity companies. It serves large fuel retailers and convenience-store operators, helping them manage complex supply arrangements, variable demand, and route planning. The core product, Best Buy Dispatch, uses AI to deliver true route optimization and an energy-focused best-buy engine, leading to cost savings and better asset utilization. Gravitate differentiates itself with a domain-specific focus on energy markets and a track record of measurable results, such as 75 basis points saved on fuel supply, a 50% reduction in dispatch costs, and a 20% increase in asset utilization. The company's goal is to improve transactional efficiency, automate complex price calculations, and drive cost efficiency for its clients through scalable software licensing and services.
Industries
Data & Analytics
Energy
Enterprise Software
AI & Machine Learning
Company Size
51-200
Company Stage
N/A
Total Funding
N/A
Headquarters
Houston, Texas
Founded
2019
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Gravitate has launched an AI-driven transportation management system tailored for refined-fuels common carriers in North America. The platform was developed in partnership with leading fuel carriers including Texas TransEastern, CLI Transport, Eagle Transport and Aero Energy. The TMS features AI-powered automatic order creation, auto-dispatch with optimised routing, freight billing, and real-time driver mobile applications. It integrates with over 33,000 retail sites through Gravitate's Crossroads framework, enabling carriers to connect with major fuel retailers without custom integrations. The platform currently manages more than 4,200 trucks and 5,800 drivers across carrier and private-fleet operations. Gravitate is working towards fully autonomous fuel dispatch, with several automated features already in production including order creation, load assignment and billing reconciliation.
Majors Management has selected Gravitate as its software provider to help transform its fuel supply and carrier management processes.
Gravitate, a logistics software creator, received a significant growth investment from Falfurrias Management Partners. As part of the transaction, Gravitate was spun out of its parent company, capSpire, which also received investment from Falfurrias. The full Gravitate team, including founder and CEO Mike Scharf and COO Bernard Wehbe, remains unchanged. Kevin Hesselbirg from Falfurrias will serve as Gravitate's chairman. Legal counsel was provided by Hall Estill, Philip Lee, and Lopp Law Firm.
Gravitate, a Tulsa-based AI-enabled fuel management and energy logistics software provider, received an undisclosed investment from Falfurrias Management Partners. The funds will be used to optimize fuel supply for various stakeholders. Gravitate, led by CEO Mike Scharf and COO Bernard Wehbe, has been spun out of its parent company, capSpire, which also received a growth investment from Falfurrias. Scharf expressed excitement about the growth and opportunities this partnership brings.
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Industries
Data & Analytics
Energy
Enterprise Software
AI & Machine Learning
Company Size
51-200
Company Stage
N/A
Total Funding
N/A
Headquarters
Houston, Texas
Founded
2019
Find jobs on Simplify and start your career today