Modern financial infrastructure for the trucking industry.
Public company, workplace, funding, and market signals
Updated Jul 29, 2026
Tank Payments is an Austin-based YC S22 fintech startup building freight-specific financial infrastructure: instant carrier payments, AP/AR automation, banking accounts, and card/fuel/payment controls for trucking businesses, factors, brokers, and carriers.
Primary product
Freight-specific financial infrastructure / neobank platform with instant payments and AP/AR automation
Founded
2022
Headquarters
Austin, Texas, United States
Team size
10-20
Work style
Onsite
Industry
Software Development
Sub-industry
Freight / trucking fintech
Offices
Business model
Stage
Seed
Total raised
$3.3M
Latest round
Seed · Jan 2022
Latest amount
$3.3M
Jan 2022 · Y Combinator
Leadership
CEO & Co-Founder
Co-Founder, CTO
Co-Founder
Head of Sales
Founding Solutions Engineer
In-person, collaborative, early-stage, and high-ownership; YC job posts emphasize fast iteration, a tight-knit team, and working closely with founders in Austin.
Work style
Onsite
Compensation
Public YC job posts show roughly $75K-$110K base for generalist roles, $90K-$130K for solutions engineers, and $100K-$150K for software engineers, each with 0.10%-1.00% equity. Posted benefits include paid parental leave and strong healthcare coverage.
Benefits
Pricing
Custom / quote-based; fees are disclosed at enrollment or in separate written agreements rather than via public price cards.
Differentiators
Technology
Customers
Competitors
Estimated revenue
Public estimates vary widely, from about $1M ARR to about $23.6M in estimated annual revenue.
Estimated monthly visits
4.4K
Traffic estimate as of Jul 2026
GlobeNewswire · Jul 2026
Compass Funding Solutions partnered with Tank Payments to give carriers and owner-operators 24/7 instant access to approved invoice payments, fee-free deposits, and app-based financial tools. Dane Cook said the deal lowers cost and speeds funding.
IFA Commercial Factor · Apr 2026
Tank said its AI cash-application product processed over $99M in closed invoice volume in March 2026 and achieved about 80% initial automation, with API compatibility for several factoring systems.
IFA Commercial Factor · Jan 2026
Tank partnered with CJ Financing LLC to improve cash-flow visibility and accelerate payment access for carriers.
IFA Commercial Factor · Dec 2025
Sunnybrook TMS integrated Tank to automate broker-to-carrier payment workflows inside the TMS, reducing manual ACH/wire steps and administrative errors.
FreightWaves · Oct 2023
Tank won Airbnb's Ron Conway Economic Empowerment Award, including $100K plus a $100K personal match from Brian Chesky, along with mentorship from Chesky and Ron Conway.
0 jobs at Tank Payments
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