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.

Safe Oil

Columbia, US · Founded 2023 · Delaware corporation

Find your way into Safe Oil

96 people in our graph share verified history with the Safe Oil team — schools, employers, funds. One of them is your warm intro.

Matthew Laycockunlockedknows George Penyak · together at Restaurant Technologies (overlapped)

×7knows the team · via Restaurant Technologies

×3knows the team · via University of South Carolina

knows the team · via Raycom Media

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.

FoodTech IoT

Founders & leadership

Safe Oil was founded in 2023 by George Penyak.

George Penyak Founder & 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.

James EnglishNamed on SEC filing

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 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

Full filing on SEC EDGAR ↗

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.