JiFleet

Company Overview

Snapshot

Founded in November 2016 by Tzahi Shneider and Zohar Sherman, JiFleet operated with 1–10 employees. The company participated in the Ford Make It Driveable Challenge in January 2019, showcasing its innovative approach to fleet management.

Business overview

JiFleet offers a hardware-free and card-free solution for fuel payment, management, and financing tailored for fleets. The company's core technology integrates with existing fleet management platforms, leveraging real-time telematics data to identify vehicles and drivers, thereby enhancing risk management before fuel transactions are authorized. JiFleet's platform validates fuel consumption and assesses transaction risk using vehicle data, driver identification, and fleet-specific restrictions. This approach reduces payment processing costs and enables new credit providers, such as leasing companies, insurance companies, and banks, to finance fuel for commercial fleets. JiFleet operates within the Fintech & Insurtech sector, serving the automotive, transportation, and financial services industries.

Strategic signal

In January 2019, JiFleet participated in the Ford Make It Driveable Challenge. This engagement signaled the company's potential for strategic partnerships and validation within the automotive and mobility sectors, demonstrating its innovative telematics-based solution to a major industry player.

Company Intelligence Q&A

What is JiFleet's primary business?

JiFleet provides a telematics-based fuel payment and management solution for fleets, eliminating the need for physical fuel cards or additional hardware.

When was JiFleet founded and by whom?

JiFleet was founded in November 2016 by Tzahi Shneider and Zohar Sherman.

What significant event did JiFleet participate in during January 2019?

In January 2019, JiFleet participated in the Ford Make It Driveable Challenge, showcasing its innovative fleet management solution.

What is the status of JiFleet?

JiFleet is currently non-active and ceased to operate in January 2021.

How does JiFleet's solution manage risk in fuel transactions?

JiFleet uses real-time telematics data to identify vehicles and drivers, validating actual fuel consumed and evaluating transaction risk based on vehicle data, driver identification, and fleet management platform information.