Fundraising Fox

Safe Oil

Columbia, US · Founded 2023 · Delaware corporation

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.

GP
George PenyakinFounder
JE
James EnglishNamed on SEC filing
JB
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.