Falfurrias Management Partners
Assembly Line
Falfurrias Management Partners Makes Growth Investment in Gravitate
Gravitate, a leading provider of AI-enabled fuel management and energy logistics software announced a significant growth investment from Falfurrias Management Partners, a Charlotte-based investment firm focused on growth-oriented, middle-market businesses. The investment is a testament to Gravitate’s innovative approach to optimizing fuel supply for retailers, refiners, wholesalers, and carriers. With Falfurrias’ support, Gravitate is poised to continue its growth trajectory and mission of transforming the energy logistics landscape through AI-enabled cutting-edge technology.
Gravitate’s fuel management software offerings address the fuel value chain across the secondary fuel logistics market serving refiners, wholesalers, carriers, and retailers. The company, founded in 2011, has established itself as a leader in this market, historically characterized by outdated and manual solutions. Customers leverage Gravitate’s suite of solutions to manage and optimize fuel supply and logistics, optimize rack and customer pricing, and provide fuel customers with online channels for dynamic fuel purchasing. Notably, Gravitate’s Supply & Dispatch product is the only AI-integrated optimization and dispatch solution for supply and logistics decisions in the fuel industry. This product, along with others in their portfolio, can deliver a 40% or greater reduction in overhead in dispatching departments and a 5-10x ROI through supply and asset optimization. As part of the transaction, Gravitate has been spun-out of its parent company, capSpire, which also received a growth investment from Falfurrias.