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Fueloyal
AddedFeb 15, 2024
UpdatedJul 3, 2026
Fueloyal

Fueloyal

Seed

Fueloyal provides a connected vehicle platform for OEMs & fleet operators, offering pre-built apps for data utilization and cost reduction.

HQ
Chicago, IL, US
Founded
2015
Accelerator
Techstars logoTechstars: IoT2016
Overview
Compare
Fundraising
Employees
Website

Fueloyal, founded with a mission to revolutionize vehicle data utilization, offers a connected vehicle platform tailored for OEMs and fleet operators. The company provides a suite of pre-built applications designed to harness and monetize the vast amounts of data generated by connected vehicles, which can reach up to 25GB per hour. By eliminating the need for OEMs and fleet operators to develop their own applications, Fueloyal significantly reduces costs and accelerates deployment times, positioning itself as a key player in the vehicle IoT space.

Notable figures affiliated with Fueloyal include industry experts in IoT and vehicle data management. The company has attracted investment from prominent venture capital firms focused on technology and transportation innovation. Key achievements include the successful deployment of their platform across numerous fleets, resulting in substantial cost savings and enhanced operational efficiency for their clients. Fueloyal's impact is evident in its ability to transform vehicles into IoT hubs, providing real-time data collection and edge computing capabilities that drive smarter, more efficient fleet management.

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Fueloyal - Quick Facts

Who are Fueloyal's competitors?

Companies similar to Fueloyal include Platform Science, LocoNav, Fuel Me and Motorq.

When was Fueloyal founded?

Fueloyal was founded in 2015.

Where is Fueloyal's headquarters located?

Fueloyal's headquarters is located in Chicago, IL, US.

When was Fueloyal's last funding round?

Fueloyal's most recent funding round was for $700k (USD) in November 2021.

How much has Fueloyal raised to-date?

As of Nov 21, 2021, Fueloyal has raised a total of $1.2M (USD).

How many employees does Fueloyal have?

Fueloyal has 15 employees as of Feb 4, 2024.

Fueloyal - Classification

Ownership
  • Venture Capital
Technology
  • IoT
Geographic Exposure
  • Global
Model
  • Platform
Revenue
  • Recurring
Customer
  • Enterprise
Main Product
  • Fleet Management
Tags
  • IoT
NAICS
  • 520000Finance and Insurance
  • 523000Securities, Commodity Contracts, and Other Financial Investments and Related Activities
  • 523900Other Financial Investment Activities
  • 523990All Other Financial Investment Activities
  • 523999Miscellaneous Financial Investment Activities
SIC
  • 7300Business Services
Show 8 more industry codes
NAICS
  • 540000Professional, Scientific, and Technical Services
  • 330000Manufacturing
  • 336000Transportation Equipment Manufacturing
  • 541000Professional, Scientific, and Technical Services
  • 336100Motor Vehicle Manufacturing
SIC
  • 3700Transportation Equipment
  • 3710Motor Vehicles And Motor Vehicle Equipment
  • 3711Motor Vehicles And Passenger Car Bodies