IGEN, a Division of U.S. Venture
IGEN was founded on the idea of Finding a Better Way.
Our founders saw that the client's perspective was lost in other excise tax solutions on the market, so they built our platform with industry and people in mind.
In 2013, U.S. Oil was expanding from 14 states to 40, but they couldn't find a platform to help them scale to meet the opportunity in the market. IGEN was the only solution that could meet their timeline and now plays an integral role in their business.
U.S. Venture, the parent company of U.S. Oil, was so impressed with the results that they ultimately acquired IGEN. This partnership between IGEN and U.S. Venture gives us the financial strength and stability to speed innovation and access to essential resources. It also means we commit to complete data segregation for our clients.
Learn more about our partnership below:
Strength & Stability
Our corporate parent, U.S. Venture, has been a family-owned business for over 80 years; their ownership allows us to tap into the strength, support, and infrastructure of a $10 billion company without sacrificing the speed and agility of a fast-growing tech company.
We can make long-term investments in our platform that serve our clients first rather than short-term decisions based solely on profitability.
Our platform is a mission-critical application in one of U.S. Venture's flagship companies, U.S. Oil, so we're here to stay while other companies may change hands over time. U.S. Venture's strong financial backing gives IGEN the ability to make the necessary investments to meet the demands of the industry and the needs of our clients.
Speed of Innovation
We care about more than just the bottom line. As a mission-critical platform for one of our sister companies, we take great responsibility to react to our client's needs in an ever-shifting business and legislative landscape.
There are many challenges facing the marketplace today, but with the help of built-in beta testers and direct, unabashed feedback, we're able to innovate new solutions to solve for challenges that U.S. Oil and other companies in the market are faced with daily. On top of that, U.S. Oil uses our entire fuels platform, meaning all our solutions have been tested time and time again.
Access to Resources
IGEN can move quickly as a lean company but also has the access and resources of a multi-billion-dollar corporation. U.S. Venture has expertise, knowledge, and thought leadership from 7 divisions across the oil and gas markets, renewable and clean energy, sustainability, and distribution.
We also have access to shared services in:
IT Staff and Data Security
We recognize that security is critical to our client's success, and it's a responsibility that we take seriously. That's why, with the help of our parent company and their robust cyber security infrastructure, we've invested in SOC 2 Type 2 compliance and risk mitigation tools and practices.
Learn more about our data security here.
Human Resources
Our talented team of experts is the foundation of our business. With U.S. Venture, team members are compensated with competitive salaries and benefits packages, wellness programs, and continuous learning initiatives.
Learn more about working at IGEN here.
Data Segregation
While we've stressed the benefits to our clients, our team members, and our business, we also want to reassure our clients that we take data segregation seriously. Although there are many benefits to sharing a corporate parent with one of our clients, it also requires security and controls.
Client environments and databases are segregated from one another to maintain confidentiality so that all entities, including those owned by our corporate parent, will not have access to client data. In addition, the data is encrypted in transit and in its rest stages.
To learn more – check out our about page.