New Ventures Capital

Transforming the transportation industry!

Ruedata is a data management company offering a robust SaaS that optimize tire consumption and reduce carbon footprint of the fleet of vehicles through recommendations based on data analytics and machine learning models.

About

Ruedata offers a tire management software solution for owners of large transportation fleets. Its main goal is to transform the transportation industry by reducing the operational wear and tear of tire consumption in fleets and maximizing the profitability of operational expenses for truck fleets. Ruedata leverages advanced technology and data analysis to provide efficient and customized solutions. Some of its features include the ability to save up to 30% on tire expenses and the generation of optimized maintenance plans.

37.221

Analyzed Vehicles

257.940

Analyzed tires

Addressed Problem

In 2022, more than 1 billion end-of-life tires were generated globally. In 2019, the global tire industry consumed 47.7 million tons of raw materials. Emissions from fabricating tires for industrial vehicles can vary, but a study comparing the carbon footprints of new tires and retreads showed that the manufacture of a 17.5-inch new tire produces 86.9 kg of CO2 emissions. Many multinational companies, such as Heineken, ABinBev, Lala, Cemex, and Grupo Modelo, which possess many truck fleets, are considered some of the major CO2 emitters in the Latam region. Cutting CO2 emissions and costs related to tires and the maintenance of tires has become a priority for many of these companies. Technological innovation has enabled the creation of EVs that reduce CO2 emissions in regard to the consumption of fossil fuels; however, a significant source of CO2 emissions and a major cost-related expense is, and will continue to be, the tires and maintenance of their numerous truck fleets.

Founders

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"Our vision merges with the mission of NVC. We seek to transcend through job opportunities, generating a significant impact on society. From the beginning, New Ventures has been a strategic partner, which has given us unconditional support in achieving our objectives and has enriched our company with its vast experience. We firmly believe that by working together we will achieve great things"
Founders of Hoytrabajas