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About AtoB
Industries
Automotive & Transportation
Fintech
Company Size
51-200
Company Stage
Series C
Total Funding
$161.1M
Headquarters
San Francisco, California
Founded
2019
Overview
AtoB focuses on improving the payments system for the trucking and logistics industry. It offers fuel management solutions that help delivery fleets, eCommerce businesses, and shipping companies manage their fuel expenses more effectively. AtoB's system allows only authorized users to access fuel cards, ensuring security, and it provides instant payroll for drivers, which helps reduce costs. The company serves both local businesses with short-distance fleets and larger operations with nationwide reach. AtoB stands out from competitors by combining secure payment methods with features that optimize fuel usage and route efficiency. The main goal of AtoB is to lower fuel costs and enhance the overall efficiency of supply chains.
Simplify's Take
What believers are saying
- Collaboration with TravelCenters of America offers 42 cents per gallon fuel savings.
- Partnership with Mastercard enhances payment efficiencies for fleet managers.
- Growing market for AtoB's fuel card among rental car companies and last-mile providers.
What critics are saying
- Generative AI-powered platforms like Roadz could threaten AtoB's market position.
- Slow adoption of digital payments in trucking may hinder AtoB's growth.
- Data privacy risks from telematics and geolocation technology usage.
What makes AtoB unique
- AtoB offers secure and efficient fuel management solutions for the trucking industry.
- The company provides instant payroll for drivers, reducing costs and improving cash flow.
- AtoB's partnerships with major brands enhance its competitive edge in fuel pricing.
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Funding
Total Funding
$161.1M
Above
Industry Average
Funded Over
5 Rounds
General Catalyst
Y CombinatorBenefits
Bay Area compensation offered for all US and Canada based employees
We are a remote-first company, though there is strong preference for this role to sit in the San Francisco Bay Area.
Unlimited time off
401(K) match
Growth & Insights and Company News
6 month growth
↓ -1%1 year growth
↓ -4%2 year growth
↓ -3%AtoB, the leading provider of modern payment solutions for the transportation industry, today announced significant growth and strategic milestones, i
SAN FRANCISCO--(BUSINESS WIRE)--AtoB, the first fintech payments platform to modernize the $790 billion trucking industry’s financial system, announced a collaboration with TravelCenters of America (TA), the nationwide operator and franchisor of the TA, TA Express and Petro Stopping Centers travel center brands. The collaboration will bring a cost savings of an average of 42 cents per gallon, providing AtoB users with competitive prices on fuel at any of TA’s over 300 locations nationwide. “At TA, we are constantly seeking opportunities to enhance the guest experience and better serve our fleet customers and professional drivers,” said Debi Boffa, Chief Executive Officer of TA. “AtoB is a platform that will save our customers time and money, and we are pleased to work with a company that is at the forefront of digitizing and modernizing the trucking industry.”. “You can’t drive across the United States without seeing TA brands everywhere you look, and with the most convenient locations, excellent amenities, and competitive pump prices, the TA and AtoB relationship just makes sense in delivering the best for drivers and fleets. We’re proud to work with TA and look forward to passing down these savings to our customers,” said Vignan Velivela, co-founder and CEO of AtoB
Bit by bit the smokestack economy — and the subsets thereof — come online, go digital, find new ways to connect stakeholders. And as counterintuitive as it might seem, fleet management, among the most smokestacky of the stacks, is inching toward becoming a beacon of connectivity, serving perhaps as a roadmap for other sectors. Trucking, of course, remains a key way of getting goods hither and yon. Late last year, the American Trucking Association reported that tonnage will grow to 14.2 billion tons within the next decade, up from a bit more than 11 billion tons in 2023
Roadz has beta launched its Unified Fleet Workspace, a generative artificial intelligence (AI)-powered fleet management solution aimed at helping commercial fleets optimize their operations. Commercial fleet operators with at least 100 vehicles under management can apply to participate in the beta program, the fleet-tech company said in a Monday (Feb. 5) press release. Roadz plans to integrate generative AI capabilities into the Unified Fleet Workspace, enabling fleet managers to ask questions about their fleet operations using natural language, according to the release. This integration, which is expected to be announced in March, will provide actionable insights based on unified fleet data, facilitating effective decision-making
AtoB CEO Vignan Velivela told Karen Webster that slow payments represent a “silent tax” on fleet management in general, and on the truckers behind the wheel, specifically. Paper checks still dominate and are still the primary means of getting short- and long-haul drivers paid. Payroll loans are the norm, as these individuals, spending days or weeks on the road, still must meet the needs of daily life, paying for food, gas, sometimes lodging or repairs. The firms themselves? They’re typically mom-and-pop operations. Of the half million trucking companies operating in the United States, 80% are small businesses that contract out to larger firms (carriers and distributors). Less than 3% of those small operators have more than 20 vehicles on the road
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About AtoB
Industries
Automotive & Transportation
Fintech
Company Size
51-200
Company Stage
Series C
Total Funding
$161.1M
Headquarters
San Francisco, California
Founded
2019
There are no jobs for AtoB right now.
Find jobs on Simplify and start your career today