logo
logo

AtoB raised $130 million in a Series C funding round led by General Catalyst and Bloomberg Beta to support product and team expansion in the transportation sector.

Sep 19, 202411 months ago

Amount Raised

$130 Million

Round Type

series c

San FranciscoFinanceFintech

Investors

MastercardBloomberg BetaGeneral Catalyst

Description

AtoB has successfully raised $130 million in a combined Series C equity and debt funding round. The funding will drive continued growth and innovation, supporting fleet owners and trucking companies in transforming the transportation industry's financial systems.

Company Information

Company

AtoB

Location

San Francisco, California, United States

About

AtoB was founded in 2020 with the mission to transform the fleet industry’s financial management infrastructure. AtoB’s groundbreaking fintech payments platform provides drivers and fleet operators with easy-to-use financial products such as no-fee fleet cards; instant direct-deposit payroll; and access to bank accounts and savings tools in order to provide ease on the road and network efficiencies. AtoB is a member of the World Economic Forum’s Global Innovators Community and is on Forbes’ Next Billion-Dollar Startup 2022 list.

Related People

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech