Hedjee

Price protectionshouldn’t depend on your size.

Every price spike pushes some small businesses out, and bigger ones take their place. We want businesses to win by being good at what they do, not by being big enough to ride out a spike.

Our mission

Big companies get banks to protect them from price spikes. Small businesses get nothing. That’s the gap we exist to close.

Our team

The people behind Hedjee.

  • Founder & CEO

    Andrew Cun

    Andrew launched a hedge fund from his Emory dorm room, raising millions in capital from Atlanta allocators. Before that he published a research paper on financial incentive systems and co-founded a nonprofit that lobbied lawmakers for financial literacy.

    • Emory University
    • The Eldorado Fund
    • Westbank Financials
  • CTO

    Ojas Kalra

    Ojas was a quant trader intern at IMC, one of the world’s top trading firms. At Georgia Tech he researches machine learning for financial markets in the Financial Services Innovation Lab and teaches math.

    • IMC Trading
    • Georgia Tech
  • COO

    Alexander Lussier

    Alexander studies finance and entrepreneurship at Purdue. Before Hedjee, he worked in the insurance industry and established relationships across unions and associations.

    • Purdue University
    • Globe Life
  • Founding Engineer

    Justin Xiao

    Justin studied math and computer science at UT Austin and built machine learning systems at KLA, one of the world’s largest chipmaking-equipment companies. He went on to lead research at Darwin and has shipped AI at three startups.

    • UT Austin
    • KLA
    • Darwin

Backed by

Z Fellows

Advised by

  • Cory Levy

    Founder, Z Fellows

    Cory wrote the very first check into Ramp, the company card and expense software used by over 70,000 businesses and now valued at $44 billion, and Etched, which builds AI chips to take on Nvidia and is valued at $21 billion. He was also first into ZenBusiness, which has helped start over 950,000 small businesses, and Listen Labs, which Salesforce agreed to buy in 2026.

    • Z Fellows
    • Ramp
    • Etched
    • ZenBusiness
    • Listen Labs
  • Grace Kasten

    Z Fellows

    Grace backs young founders at Z Fellows, after investing at Pace Capital and Attention Capital and running her own fund, Theia Ventures. She started on Wall Street in investment banking at Guggenheim Partners, whose investment arm oversees more than $367 billion, and studied at Stanford.

    • Z Fellows
    • Pace Capital
    • Attention Capital
    • Theia Ventures
    • Guggenheim Partners
    • Stanford University

Why we exist

Small fleets run the economy.

They aren’t worse at the job. They just can’t ride out a diesel spike the way big companies can.

91.5%of America’s trucking companies run 10 trucks or fewer.
Trucks haul about 3 of every 4 tons of freight in America.
When diesel spiked in 2022:
Bigger fleets
Margins up
Smaller fleets
Margins down

Sources: American Trucking Associations (2025), ATRI (2023).

Why now

It’s getting worse. AI makes the fix affordable.

Each big diesel spike swings harder than the last.

Diesel’s average move in a week, up or down (¢ a gallon)Source: Hedjee’s math on EIA weekly diesel pricesThe average size of each week’s change in EIA’s US diesel price, up or down. 2026 covers the 39 weeks to Sep 28. Each of these years moved more than any year before it, back to when EIA’s records began in 1994. Each also hit a record price: $4.76 in 2008, $5.81 in 2022, $6.53 in 2026. Not adjusted for inflation.

Size of one protection deal

42,000 galStandard contract
to
1 truckor a thousand, with Hedjee

A standard contract is more diesel than a truck burns in a year (CME). AI now does the setup, so Hedjee protects exactly the gallons you need.Running AI got more than 280 times cheaper in two years, for a model at GPT-3.5’s level (Stanford AI Index 2025). Hedjee uses it to set up each fleet’s protection, so one truck is worth doing.

See what the last spike cost you.

A free 20-minute call. Bring your monthly gallons, and we’ll show what Hedjee would have paid you back. No commitment. If you go ahead, setup takes about 5 minutes.

20 minutesGoogle Meet

Available times

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