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Roadflex

“Can a fleet-first Visa card and spend-management platform replace legacy fuel-card incumbents by combining real-time controls, telematics data, and AI-driven fraud prevention in one vertical SaaS product for US commercial fleets?”

Founded2019
HQBrooklyn, New York, NY 11205, USA
Total raised$4M
Latest roundSeed
IndustryVertical SaaS / Logistics
The story

Founded in 2019 as a fleet risk-management and fuel-card SaaS, RoadFlex built on top of Celtic Bank's Visa-licensed card-issuing infrastructure to target commercial fleets. Over time the product expanded from a narrowly-focused fuel card into an all-in-one company card and payments platform (RoadFlexONE™) covering spend controls, telematics integration, and automated financial reporting. The company remains venture-backed at the Seed stage and has stayed focused on the US commercial fleet vertical rather than pursuing horizontal expansion.

Last 12 months
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Product timeline
2019
RoadFlex founded as Openlane Technology Corporation d/b/a RoadFlex, building a fleet-focused fuel card and risk management platform.· card
2021
Launched the RoadFlex Fleet Card issued by Celtic Bank on the Visa network with spend controls and fuel management features.· card
2024
Expanded to RoadFlexONE™ all-in-one payments platform for fleets, incorporating telematics, AI-driven fraud prevention, and accounting integrations.· banking
The stack
4 layers disclosed in Roadflex’s embedded-finance stack
Banking / BaaS
Celtic Bank (sponsor bank, card issuing)
Card issuing
in the full report
Sponsor bank
in the full report
Accounting
in the full report
Accounting gap: minor
5 more providers across 3 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.