Total amount raised
$50 Millions
Latest funding date
08/01/2022
Location
Mudflap offers a platform that provides significant fuel discounts for truckers through its Mudflap App and Mudflap Fuel Card. The service is designed to help users save on diesel, DEF, and other products without any associated fees.
Keep reading to explore the intricacies of Mudflap's fundraising journey and the investors backing this innovative platform.
What Is Mudflap?
Mudflap operates in the fuel discounts and fleet management industry, specifically catering to the trucking sector. The company provides significant savings on diesel and other services through its app and fuel card, which are highly recommended by owner-operators and fleets.
Although specific details about the founding year, location, and founders are not available, Mudflap partners with over 2,400 truck stops nationwide. The service is user-friendly, free to download, and offers 24/7 support without any monthly fees or interest charges.
How Much Funding Has Mudflap Raised?
- Seed Round
- Amount Raised: -
- Date: January 2019
- Lead Investors: -
- Series B
- Amount Raised: $50M
- Date: August 2022
- Lead Investors: 9Yards Capital, QED
Mudflap has raised a total of $50M in funding.
Key Investors
- 9Yards Capital
- Details: 9Yards Capital is a venture capital firm that invests in early and growth-stage companies. They focus on providing strategic support and capital to help businesses scale.
- Investment Focus Areas: Fintech, transportation, logistics
- Notable Investments: Robinhood, Convoy, Uber
- QED
- Details: QED is a leading venture capital firm specializing in early-stage, disruptive financial services companies. They have a strong track record of helping startups achieve significant growth.
- Investment Focus Areas: Fintech, insurtech, proptech
- Notable Investments: Credit Karma, SoFi, Avant
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