The startup offers a cargo and freight platform tailored for the trucking and logistics industry, partnering with independent truck stops and regional groups to provide fuel discounts. This platform enables independent truck owner-operators and small carriers to significantly reduce fuel expenses and enhance their profitability.
Funding
$72.4M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
QFounders
Product
Problem
Independent truck owner-operators and small carriers often face challenges in securing competitive fuel prices, leading to reduced profitability and increased operational costs. Traditional fuel cards may come with hidden fees, limited discount options, and cumbersome administrative processes.
Solution
Mudflap provides a cargo and freight platform that directly addresses these issues by partnering with a vast network of independent truck stops and regional groups to offer significant fuel discounts. Through the Mudflap app and fuel card, drivers gain access to cost-plus savings at over 2,800 truck stops nationwide, with discounts of up to $1.00 per gallon. The platform streamlines fuel management with digital receipts, automated reporting, and tools for setting customizable spend limits, while also providing real-time fraud alerts. By eliminating monthly fees, out-of-network charges, and paperwork headaches, Mudflap empowers independent truckers and fleets to optimize their fuel expenses and improve overall efficiency.
Target Audience
The primary target audience includes independent truck owner-operators, small to mid-sized carriers, and fleet managers seeking to reduce fuel costs and streamline fuel management processes.
Features
- Mobile app for locating discounted fuel prices in real-time and claiming deals up to 24 hours in advance
- Mudflap Fuel Card for savings at any location accepting Visa, with weekly credit terms for qualified fleets
- Digital receipt tracking and one-click IFTA reporting to automate administrative tasks
- Customizable spend limits by category, driver, or vehicle to prevent misuse and control fuel spend
- Real-time fraud alerts and vehicle/card location verification at the time of purchase
- 24/7 live support via phone, email, and chat
- Integration with a network of over 2,800 truck stops, including Speedway, TA Petro, AMBEST, Casey’s, and Kwik Trip
- Route optimizer for dispatching drivers to the best-priced fuel stops