Payment infrastructure for the logistics industry
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To facilitate fair, smooth, and quick capital movements within transportation and logistics industries by developing modern and transparent payment tools for drivers.
Financial District, San Francisco, CA
Few candidates hear
back within 2 weeks
-19% employee growth in 12 months
CTO of Otta
The complications of payments within the trucking and transportation industry are immense, with drivers and companies having to deal with fees, spending limits, and credit scores every day. Drivers must also frequently deal with the costs associated with repairs, insurance, and road tolls, and this can quickly become difficult to manage for both drivers and employers.
AtoB is setting out to change this. The company develops payment infrastructure for trucking and transportation industries, providing drivers with fuel cards that offer truck stop and gas station discounts, without service fees or credit score checks. In addition to these employee benefits, the company also provides fintech solutions for transportation employers to track their drivers' transactions, set spending limits, and gain insights into financial inefficiencies.
In recent years, there has been growing investment into digitising the transportation sector (especially focused on making financial practices more efficient). As a result, the market is becoming increasingly competitive, with companies like BasicBlock and CloudTrucks successfully attracting considerable investment. AtoB have also raised impressive funding, and will be focused on international expansion, starting with Canada and Mexico. Its partnership with Uber to provide fuel cards to its fleet is a major boost to the company's goal of becoming "the Stripe for transportation".
Last 2 fundraises
This company has top investors
Uber Freight offers carriers a fuel card powered by startup AtoB
AtoB trucking payments digital platform partners with World Economic Forum’s Global Innovators Community
Vignan Velivela(Co-founder & CEO)
Co-founder and CEO of Prajaloan from 2015 to 2017. Experience as Software Engineer for Cruise.
Experience as Technical Consultant for Redwood City Ventures. Also founded Harshita Apps in 2017.
Global Business Analyst and Regional Operations Manager for UberEATS India & South Asia and Central & South America from 2015 to 2018. Experience as Co-founder and CEO of Grido Inc.
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