Electronic Funds Source

Ogden, United States Founded: 1996 • Age: 30 yrs Acquired By Wright Express
Corporate and fleet expense card solutions are provided for businesses.

About Electronic Funds Source

Electronic Funds Source is a company based in Ogden (United States) founded in 1996 was acquired by Wright Express in October 2015. Electronic Funds Source offers products and services including Fleet One EDGE Card, EFS Fleet Card, and EFS Fleet Mastercard. Electronic Funds Source operates in a competitive market with competitors including Ramp, Brex, Navan, Wright Express and Sodexo, among others.

  • Headquarter Ogden, United States
  • Sectors
    Travel & Hospitality
    Technology Financial Services
  • Website category Business and Consumer Services · Shipping and Logistics
  • Website efsllc.com
  • Social LinkedIn
  • Acquired by Wright Express (Oct 2015)
  • Legal Name Wex Inc.
Key Metrics

Products & Services of Electronic Funds Source

Electronic Funds Source offers a comprehensive portfolio of products and services, including Fleet One EDGE Card, EFS Fleet Card, and EFS Fleet Mastercard.

Fleet One EDGE Card
Fuel Card

Offers discounts on fuel and maintenance for growing fleets.

EFS Fleet Card
Fleet Card

Provides security and control tools for mid to large enterprise fleets.

EFS Fleet Mastercard
Payment Card

Enables fuel and non-fuel purchases with enhanced acceptance.

Apps and channels of Electronic Funds Source

Electronic Funds Source publishes 1 mobile app with over 10K+ downloads.

Fleet One CarrierControl
Google Play Finance Everyone Free 10K+ downloads
Developer: WEX, Inc.
View on Google Play

Funding Insights of Electronic Funds Source

  • Total Rounds 2
  • Investors Count 1

All 2 funding rounds of Electronic Funds Source with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Oct 2014–Private Equity Round––
Jul 2014–Private Equity Round––
Valuation history

3 investors in total: 3 institutional.

Investors in Electronic Funds Source

Electronic Funds Source has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Wright Express, Warburg Pincus and Ardian.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Private investment firm specializing in markets and partnerships.
–ardian.com-
Multi-stage private equity investments are pursued across diverse sectors.
1966warburgpincus.comNew York, United States
Employee benefit administration and payment solutions are provided for enterprises.
1983wexinc.comPortland, United States
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Investor details for Electronic Funds Source

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

People of Electronic Funds Source

1 people are tracked at Electronic Funds Source (1 in leadership).

NameRoleGroup
Scott R Phillips
CEO & PresidentLeadership
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Complete people profiles for Electronic Funds Source

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

Timeline of Electronic Funds Source

5 dated milestones of Electronic Funds Source across 19 years, from founding to its latest funding, stage changes and deals.

  1. Founded Electronic Funds Source is founded.
  2. Exit Acquired by Warburg Pincus.
  3. Funding First funding round.
  4. Funding Latest funding round, Private Equity Round,.
  5. Exit Acquired by Wright Express.

Competitors of Electronic Funds Source

Electronic Funds Source operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Ramp, Brex, Navan, Wright Express and Sodexo, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
ramp.com2019New York, United States$2.13B–
Spend management and accounts payable solutions are delivered to businesses.
brex.com2017Draper, United States$1.16B–
SaaS-driven credit card and spend management solutions platform for businesses
navan.com2015Palo Alto, United States$1.58B847
Corporate travel and expense management are facilitated through SaaS platform.
wexinc.com1983Portland, United States–6,123
Employee benefit administration and payment solutions are provided for enterprises.
sodexo.com1966––423,000
Employee benefits payment cards are provided via an online platform.
concur.com1988Bellevue, United States––
Corporate travel expenses and invoices are managed via SaaS platform.
emburse.com2002San Francisco, United States$7.25M9
Corporate cards and expense management are offered to businesses.
claralabs.com2014San Francisco, United States$11.75M21
Meetings are scheduled using AI by adding Clara to emails.
airbase.com2017San Francisco, United States$90.5M77
Procure-to-pay management software is offered for business operations.
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Detailed competitors of Electronic Funds Source

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Web traffic of Electronic Funds Source

The website of Electronic Funds Source (efsllc.com) receives about 289.5K visits a month and ranks #109,063 among all websites worldwide, #2,820 in Shipping and Logistics.

  • Monthly visits
    289.5K

    ▲ 1.7% vs previous month

  • Unique visitors
    55K

    per month

  • Global rank
    #109,063

    among all websites

  • Category rank
    #2,820

    Business and Consumer Services · Shipping and Logistics

Similar websites

Websites whose visitors overlap most with Electronic Funds Source. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
fleet-tech.com
fleet-tech.com
100%
–––
highway.com
94%
883.4K#42,007View details
navispherecarrier.com
navispherecarrier.com
92%
–#112,939–
cloud.samsara.com
cloud.samsara.com
90%
–––
truckdown.com
80%
–#1,451,638View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 25 similar websites and full traffic analytics for Electronic Funds Source

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 25 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Latest news on Electronic Funds Source

WEX Cards Now Accepted by RoadSync
Worktruckonline β€’ 5 years ago
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Complete news archive for Electronic Funds Source

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

Similar companies to Electronic Funds Source

10 companies that operate in the same segment as Electronic Funds Source (Online Travel), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Online bookings for flights, hotels, and travel packages are facilitated.
2000Gurugram, Haryana, IndiaUSD 39 MUSD 1.04 B5,120
Online platform providing multiple travel booking services
2007Gurugram, Haryana, IndiaUSD 96.62 MUSD 130.88 M465
Corporate travel and expense management are facilitated through SaaS platform.
2015Palo Alto, California, United StatesUSD 1.58 BUSD 3.52 M847
Spend management and accounts payable solutions are delivered to businesses.
2019New York, New York, United StatesUSD 3.21 B––
Business spends, payments, and rewards are streamlined by automated workflows.
2011Hyderabad, Telangana, IndiaUSD 13.75 MUSD 149.43 M431
Multiple travel services are booked via an app-based platform.
1999Miami, Florida, United StatesUSD 331.37 M–4,543
Multiple travel services are booked via an app-based platform.
2012Jakarta, Jakarta, IndonesiaUSD 1.02 B––
SaaS-driven credit card and spend management solutions platform for businesses
2017Draper, Utah, United StatesUSD 1.16 B–1
Bus tickets are booked online via portal and mobile app.
2006Bengaluru, Karnataka, IndiaUSD 10 M––
Outdoor tours and activities are booked via an app-based platform.
2009Berlin, Berlin, GermanyUSD 877.51 M––
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Frequently Asked Questions about Electronic Funds Source

Electronic Funds Source was founded in 1996 and raised its 1st funding round 18 years after it was founded.

Electronic Funds Source is headquartered in Ogden, United States. It is registered at Ogden, Utah, United States.

Scott R Phillips is the current CEO of Electronic Funds Source.

Electronic Funds Source was founded in 1996 in Ogden, United States, within the financial services sector. Corporate expense cards, management platforms, and virtual recurring payment solutions are offered to businesses. Fleet operations are supported through tools like the EFS app, which enables drivers and managers to monitor and control spending, alongside money transfer services for efficient expense handling.

Electronic Funds Source's top competitors include Navan, Ramp and Brex.

Electronic Funds Source offers Fleet One EDGE Card, EFS Fleet Card, and EFS Fleet Mastercard.

Electronic Funds Source has 3 investors. Key investors include Wright Express, Warburg Pincus, and Ardian.

Electronic Funds Source operates through Wex Inc..

Yes. Electronic Funds Source was acquired by Wright Express in October 2015.

Yes. Electronic Funds Source publishes Fleet One CarrierControl, with over 10,000 downloads.

The website of Electronic Funds Source receives about 290 thousand visits a month and ranks #109,063 among all websites worldwide.

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