![]() With a zero-fee fuel card that offers a five-cents-per-gallon discount gaining traction with truckers and the recent launch of a new payroll product, revenue is expected to surpass $20 million this year. “We can use the telematics to prevent fraud and improve fuel efficiency,” Velivela says. With AtoB, they built a dashboard where truckers could see the price of fuel, their exact fuel charges and the like, all of it connected with the fleet-tracking software. As they traveled to trucking hubs like Stockton, California, to find out what truckers needed, they learned about fuel cards offered by Wex and Fleetcor and thought they could do better. After Covid hit, they quickly pivoted to working on a Stripe or Square for transportation. Three years ago, Velivela, 32, who had previously worked as a robotics engineer at self-driving car company Cruise, teamed up with Misra (ex-Uber) and Arora (who’d developed a cryptocurrency price-tracking app) to launch an Uber for buses. Founders: Harshita Arora, Tushar Misra, Vignan Velivela (CEO) Equity raised: $100 million Estimated 2021 revenue: $2 million Lead investors: Bloomberg Beta, Elad Gil, General Catalyst In April, 0x partnered with Coinbase, the largest cryptocurrency exchange in the U.S., to power Coinbase’s new marketplace for NFTs. Last month, Matcha handled approximately $1 billion of the total $5.2 billion in DEX aggregator trading. The San Francisco-based firm also operates decentralized exchange (DEX) aggregator Matcha, a search engine of sorts that helps traders optimize costs by showing the best prices across a number of exchanges. ![]() ![]() With this idea in mind, he and Bandeali started 0x Labs, which enables developers and businesses to create new markets for their tokens on major blockchains, including Ethereum and Avalanche. “We envisioned a future where there are billions of these different types of tokens,” says Warren. When Warren, 33, and Bandeali, 31, met six years ago, they shared a belief that all forms of value, be it traditional assets such as fiat currencies, stocks and bonds or digital collectibles like video game items, would eventually be tokenized. Founders: Amir Bandeali (co-CEO), Will Warren (co-CEO) Equity raised: $85 million Estimated 2021 revenue: $5 million Lead investors: Greylock Partners, Pantera Capital
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