Fueloyal developed and launched a smart fuel cap that uses data and analytics to solve the $10B/year problem of overspending on fuel, fuel theft, and company fuel card misuse in the US trucking industry. The patented, retrofitted device can be installed in just 5 seconds on any 18-wheeler truck, allowing trucking companies to save an average of $300 per truck each month. Fueloyal launched its in initial product batch in August 2016 and sold out within 3 months.
