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Safe Oil
Columbia, US · Founded 2023 · Delaware corporation
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Safe Oil Solutions provides a fully managed cooking oil system for commercial kitchens, installing tanks and equipment that connect to fryers so staff can filter and dispose of oil safely. The company monitors oil usage and handles scheduled delivery of fresh oil and removal of used oil at no upfront cost to the customer.
Founders & leadership
Safe Oil was founded in 2023 by George Penyak.
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George PenyakFounder & CEOGeorge Penyak founded Safe Oil Solutions, which provides managed cooking oil systems for commercial kitchens. He previously built Penyak Travel, a travel agency that grew through content creation and branded podcasting.
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James EnglishNamed on SEC filing
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James BraunNamed on SEC filing
Reported raises · per SEC filings
Form D private placements$3M disclosed across 1 round · 2023
▶$3MraisedAug 2023 · 8 investors · Other TechnologyRule 506(b)
▶$3MraisedAug 2023 · 8 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- James EnglishExecutive Officer, Director
- James BraunExecutive Officer
- George PenyakExecutive Officer, Director
- Offering amount
- $3M
- Amount sold
- $3M
- First sale
- Aug 2023
- Incorporated
- Corporation, Delaware, 2023
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Frequently asked questions
- What does Safe Oil do?
- Safe Oil Solutions provides a fully managed cooking oil system for commercial kitchens, installing tanks and equipment that connect to fryers so staff can filter and dispose of oil safely. The company monitors oil usage and handles scheduled delivery of fresh oil and removal of used oil at no upfront cost to the customer.
- Who founded Safe Oil?
- Safe Oil was founded by George Penyak in 2023.
- How much funding has Safe Oil raised?
- Safe Oil has disclosed $3M raised across 1 round.
- Where is Safe Oil headquartered?
- Safe Oil is headquartered in Columbia, US.