Uvicuo provides an AI‑driven expense platform that consolidates fuel, toll and on‑route purchases onto a single Mastercard, delivering real‑time tracking, automated receipt capture and instant invoicing. The system integrates with ERP and fleet‑management tools, uses GPS‑validated spend policies and a fuel‑station recommendation engine to cut fraud, lower costs and reduce manual reconciliation for medium to large fleet operators.
Funding
$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.
2O1Founders
Product
Problem
Fleet operators often struggle with fragmented expense management, dealing with separate cards, cash handling, and manual reconciliation for fuel, tolls, and on‑route costs, which leads to high fees, fraud risk, and time‑consuming administrative work.
Solution
Uvicuo offers an AI‑driven platform that consolidates all operational expenses onto a single Mastercard, providing real‑time tracking, verification, and automated invoicing. The system integrates with existing ERP and fleet‑management tools, using AI and GPS controls to enforce spend policies, recommend optimal fuel stations, and detect fraudulent activity. Expenses are captured instantly via receipt upload or WhatsApp, then reconciled automatically, reducing manual admin by up to 90 %. The platform also delivers vehicle performance reports, smart dashboards, and flexible financing options to improve overall financial efficiency for fleets.
Target Audience
Primary customers are medium to large fleet operators and logistics companies that need centralized, automated control over fuel, toll, and cash expenses.
Features
- Single Mastercard that captures fuel, tolls, on‑route purchases, and cash expenses in one place
- AI‑based budgeting and spend‑policy enforcement with GPS validation to prevent fraud and misuse
- Real‑time alerts and automated receipt capture via WhatsApp for instant expense verification
- Integration connectors for ERP and fleet‑management systems to automate invoicing and reconciliation
- Fuel‑station recommendation engine that lowers fuel price and commission costs
- Vehicle performance analytics and route optimization dashboards for cost reduction
- Flexible credit financing to replace pre‑funded cards and improve cash flow