AtoB

AtoB, based in the US, provides advanced financial services tailored for fleets and logistics, emphasizing cost efficiency and fraud prevention through its innovative fuel card solutions. Founded in 2019 in San Francisco, US, AtoB focuses on delivering financial solutions for logistics and fleet management. The firm was established by Harshita A, Tushar Misra, and Vignan Velivela, who also serves as CEO. AtoB has engaged in 7 deals, with its latest funding round, a VENTURE DEBT, raising USD 80.

00 mn, contributing to a total amount raised of USD 75. 00 mn, and a current valuation of USD 800. 00 mn. The most recent deal was finalized on September 19, 2024.

AtoB offers a comprehensive suite of financial services specifically designed for fleets and logistics. Its flagship product, the AtoB Fuel Card, integrates with vehicle telematics systems, allowing real-time monitoring of fuel usage and spending controls, while ensuring secure transactions. This card accommodates various fuel types, including diesel, gas, and electric vehicle (EV) charging, and is accepted at over 99% of gas stations and truck stops across the United States. Clients range from small businesses to large fleet operators, leveraging AI-powered analytics, payment solutions, and expense management tools to optimize resource allocation.

AtoB generates revenue by providing fuel and expense management solutions to logistics companies and fleet operators. Fleet managers utilize AtoB’s platform to oversee fuel purchases and driver payroll, enabling instant payments and efficient expense tracking. Revenue streams include transaction fees and partnerships with fuel stations, with discounts on fuel purchases ranging from USD 0. 45 to USD 2.

00 per gallon, and a fee structure for instant fund transfers to drivers. In September 2024, AtoB secured VENTURE DEBT funding as part of a larger USD 130 mn Series C and venture debt round, aimed at developing new products and expanding operations. The company is focused on enhancing its service offerings and is exploring new geographic markets to tap into additional clientele. The recent funding will be strategically employed to support these product development initiatives and market expansion efforts.