# Mudflap: Transportation/trucking/railroad, Palo Alto, United States

> Mudflap: Mudflap is a fintech company based in Palo Alto, California, specializing in mobile payments for the trucking industry.

Source: https://millionrounds.com/startup/mudflap-2 (Millionrounds; every figure on the page links to its filing or article)

United States · [Transportation/trucking/railroad startup](https://millionrounds.com/companies)

# Mudflap

Mudflap is a fintech company based in Palo Alto, California, specializing in mobile payments for the trucking industry.

Funding reported Last round: Series B

Transportation/trucking/railroad Palo Alto, United States

Company summary

- **Founded:** 2020 6 years old
- **Team:** 190 51 to 200 people
- **Funding reported:** $50M in dollars
- **Last round:** Series B Aug 2022

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Mudflap has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Mudflap

Mudflap is a fintech company based in Palo Alto, California, specializing in mobile payments for the trucking industry.

Founded in 2016, it has developed the leading fuel app and discount network, helping over 500,000 truckers from 167,000 companies save on diesel fuel. The company has raised approximately $72.4 million in funding and is recognized by Forbes as one of the top 50 most innovative fintech companies globally. Mudflap offers a range of services, including a free mobile app that provides instant diesel discounts at more than 2,400 truck stops across the country. Their fee-free Mudflap Fleet Card allows truckers and fleet owners to manage fuel payments and receipts without incurring annual or monthly fees. Additionally, the company features a Diesel Discount Network, which includes over 2,000 truck stops where users can save significantly on fuel. Mudflap also provides ancillary tools such as GPS navigation, route optimization, and real-time fraud protection, all designed to enhance the efficiency of trucking operations.

## What company datasets say Mudflap raised

Funding, as reported

Reported in all **$50M** in dollars

Rounds **1**

Last round **Series B**

Last round size **$50M**

Last round date **Aug 2022**

Investors listed **6**

## On 5 portfolio pages

Investors who name them

- [Commerce Ventures](https://millionrounds.com/fund/commerce-ventures)
- [Matrix Partners](https://millionrounds.com/fund/matrix-partners)
- [Vertical Venture Partners](https://millionrounds.com/fund/vertical-venture-partners)
- [DGF Investimentos](https://millionrounds.com/fund/dgf-investimentos)
- [Commerce VC](https://millionrounds.com/fund/commerce-vc)

Each firm lists Mudflap on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

trucking technology consumers credit terms fuel savings program fuel savings app fuel market analytics fuel savings technology instant discounts information technology & services fuel management system financial services fuel savings platform truck fleet discounts fuel marketplace diesel savings freight transportation arrangement

Built with from their website

Plaid Docker Wistia HubSpot Sales Hub Amazon SES Google Tag Manager Amazon CloudFront HREF Lang AWS Trusted Advisor Linkedin Insight Tag

+8 more

Google Ads Clarity SDM YouTube Google Workspace CloudFlare Viewport Meta LinkedIn Ads Zoomdata

- **Sector:** Transportation/trucking/railroad
- **Industry code:** NAICS 48851, 522320, 519290, SIC 6799
- **Region:** California
- **Revenue:** $9.9M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/mudflap)

## Transportation/trucking/railroad in United States

Startups like it

- [**Glydways** South San Francisco · founded 2016 *Raised*](https://millionrounds.com/company/glydways)
- [**Booster** Foster City · founded 2014 *Raised*](https://millionrounds.com/company/booster)
- [**Revoy** Daly City · founded 2020 *Raised*](https://millionrounds.com/company/revoy)
- [**CARMERA** founded 2015 *Raised*](https://millionrounds.com/company/carmera)
- [**Filld** Mountain View · founded 2015 *Raised*](https://millionrounds.com/company/filld)
- [**Nevoya** San Francisco *Raised*](https://millionrounds.com/company/nevoya)
- [**Fetii** Austin · founded 2019 *Raised*](https://millionrounds.com/company/fetii)
- [**Sheprd** Boston · founded 2016 *Raised*](https://millionrounds.com/company/sheprd)

## Is this your company?

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