AtoB vs Convoy
Side-by-side comparison of AI visibility scores, market position, and capabilities
SF YC W20 fleet fuel card for trucking at $264M total ($130M General Catalyst Series C Sep 2024 at $800M val); 500% revenue growth with 45¢/gallon average savings competing with WEX and Fleetcor for small trucking carrier payment infrastructure.
About
AtoB is a San Francisco-based fuel card and fleet payment platform for the trucking industry — backed by Y Combinator (W20) with $264 million in total funding including a $130 million Series C in September 2024 led by General Catalyst at an $800 million valuation — providing small and medium-sized trucking businesses with the AtoB Carrier Wallet for fuel expense management and non-fuel business expenses, averaging 45 cents per gallon savings and up to $2.00 maximum savings through strategic fuel network partnerships including Uber Freight. Founded in 2019 by Tushar Misra, Vignan Velivela, and Harshita Arora, AtoB achieved 500% revenue and volume growth in the year preceding the Series C, serving the trucking industry's need for modern fleet financial management without the credit barriers and fee structures of legacy fleet cards.
Convoy was the digital freight marketplace that reached $3.8B valuation before shutting down in October 2023; assets were acquired by Flexport as the US trucking industry's digital transformation continues.
About
Convoy was a Seattle-based digital freight network that operated an automated matching platform connecting shippers with trucking carriers, aiming to bring Uber-style efficiency to the highly fragmented US trucking industry. Founded in 2015 by Dan Lewis and Grant Goodale, Convoy raised over $900M from investors including Google, Jeff Bezos, and T. Rowe Price, reaching a peak valuation of $3.8 billion as it grew to handle hundreds of thousands of loads per month across a network of hundreds of thousands of trucks.
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