mudflapinc.comTransportation / Transportation softwareFounded: 2016Funding to Date: $108.11MM
Mudflap operates a platform that aims to offer discounts on fuel for the trucking and shipping industry through its network of truck stops. With a mission of becoming the largest fuel network in the United States, the company features a discount fuel app and a Mudflap fuel card. Mudflap was founded in 2016 by Sanjay Desai and is headquartered in Palo Alto, CA.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
01/13/2023 | Series B-2 | $9MM | $xx.xx | $764.05MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
387,337
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.7x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|
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01/13/2023 | Series B-1 | $10MM | $xx.xx | $764.05MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
484,171
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.5x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|
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08/17/2022 | Series B | $65.96MM | $xx.xx | $684.17MM | 9yards Capital, Commerce Ventures, Qed Investors | |
Price per Share
$xx.xx
Shares Outstanding
2,555,048
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.9x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
9yards Capital, Commerce Ventures, Qed Investors
|
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06/15/2021 | Series A | $18.5MM | $xx.xx | $100.96MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
4,412,431
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|
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07/10/2019 | Series Seed-1 | $374,998.00 | $xx.xx | $21.26MM | Commerce.Innovated | |
Price per Share
$xx.xx
Shares Outstanding
762,797
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Commerce.Innovated
|
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07/10/2019 | Series Seed-2 | $1.3MM | $xx.xx | $21.26MM | Commerce.Innovated | |
Price per Share
$xx.xx
Shares Outstanding
1,309,013
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Commerce.Innovated
|
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07/10/2019 | Series Seed | $2.97MM | $xx.xx | $21.26MM | Commerce.Innovated | |
Price per Share
$xx.xx
Shares Outstanding
4,351,774
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Commerce.Innovated
|