# OPAL Fuels

**Source:** https://www.startuphub.ai/startups/opal-fuels
**Profile type:** Startup

> A leading vertically integrated producer and distributor of renewable natural gas (RNG).

## About

OPAL Fuels is a leading vertically integrated producer and distributor of renewable natural gas (RNG). They partner with waste management companies, transportation fleets, and other industrial partners to capture methane emissions from landfills, dairy farms, and other sources, and convert them into clean, renewable fuel. OPAL Fuels operates a network of RNG production facilities and fueling stations across the United States.

## Key facts

- **Slug:** opal-fuels
- **Website:** https://www.opalfuels.com/
- **Location:** New York, New York, USA
- **Founded:** 2020-01-01
- **Employees:** 200
- **Operating status:** Active
- **Total funding:** $180M
- **Sectors / tags:** Cleantech, Energy, Waste Management, Transportation
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/opal-fuels/
  - Twitter: https://twitter.com/OPALFuels

## Frequently asked

### What does OPAL Fuels do?

OPAL Fuels is a leading vertically integrated producer and distributor of renewable natural gas (RNG). They partner with waste management companies, transportation fleets, and other industrial partners to capture methane emissions from landfills, dairy farms, and other sources, and convert them into clean, renewable fuel. OPAL Fuels operates a network of RNG production facilities and fueling stations across the United States.

### What is OPAL Fuels's revenue?

StartupHub estimates OPAL Fuels's annual revenue at $84.8M (range $46.1M to $102.7M, 62% confidence), based on comparable companies in the sector.

### What is OPAL Fuels's valuation?

StartupHub estimates OPAL Fuels's effective valuation at $1.6B (range $1.6B to $4.7B, 55% confidence), based on comparable companies in the sector.

### How much funding has OPAL Fuels raised?

OPAL Fuels has raised a total of $180M in funding. The most recent round on record is Preferred Stock Facility.

### Where is OPAL Fuels headquartered?

OPAL Fuels is headquartered in New York, New York, USA.

### When was OPAL Fuels founded?

OPAL Fuels was founded in 2020.

### What industry does OPAL Fuels operate in?

OPAL Fuels operates in Cleantech, Energy, Waste Management, Transportation.

### How many employees does OPAL Fuels have?

OPAL Fuels has approximately 200 people on record.

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