AtoB offers a fintech payments platform and products for the transportation industry, including the AtoB Carrier Wallet, no-hidden-fee fleet cards, instant direct-deposit payroll, and access to bank accounts and savings tools. The company focuses on simplifying payment processes, reducing fraud, and providing 24x7 instant access to earnings for drivers and fleet operators. AtoB has partnered with Mastercard, Uber Freight, and several top-10 brokerages, freight factoring and energy companies to broaden distribution and capabilities. In the past year the company reported a 500% increase in revenue and volume with partners. The new capital is intended to support product and team expansion and to drive further growth and innovation across the trucking ecosystem. AtoB positions itself to better serve small and medium-sized trucking businesses with tools for transparency and efficiency on the road. AtoB offers a fintech payments platform tailored to the trucking and fleet industry, providing products such as no-fee fleet cards, instant direct-deposit payroll, and access to bank accounts and savings tools. Its platform also includes fuel analytics to flag fuel theft, identify fuel-efficiency opportunities, and help fleets reduce emissions and transition to cleaner fuels and electric vehicles. The company says its products are aimed at small fleets, noting that the majority of trucking businesses operate very few trucks. AtoB has raised capital to scale product development and provide working capital to small fleet businesses. The Series B will also support international expansion. AtoB was founded in 2020 and is described from a San Francisco dateline in the announcement.

Total raised

$285M

Funding rounds

4

Latest round

Series C

Latest activity

Sep 2024