About Adveez
Adveez is a company based in Phoenix (United States) founded in 2010 was acquired by Renovo Capital in April 2025.. Adveez has raised $4.95 million across 2 funding rounds from investors including M Capital and Renovo Capital. Adveez offers products and services including Localeez®, FAMA, OTM, Turtlebox, and Hands-free Credentials. Adveez operates in a competitive market with competitors including Samsara, Radius, GreenRoad, Spireon and Inseego, among others.
- Headquarter Phoenix, United States
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Sectors
Industrial Goods & ManufacturingTransportation, Automotive & Logistics
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$4.95 M (USD)
in 2 rounds
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Latest Funding Round
$3.49 M (USD), Series B
Mar 08, 2017
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Investors
M Capital
& 1 more
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Employee Count
Employee Count
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Acquired by
Renovo Capital
(Apr 03, 2025)
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Products & Services of Adveez
Adveez offers a comprehensive portfolio of products and services, including Localeez®, FAMA, OTM, Turtlebox, and Hands-free Credentials. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Software for visualizing and analyzing asset data in real time.
Module for optimizing and managing motorized fleets remotely.
Solution for tracking unpowered assets indoors and outdoors.
System for automatic speed control in high-risk areas.
Tools for managing operator safety and security on sites.
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Funding Insights of Adveez
Adveez has successfully raised a total of $4.95M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $3.49 million completed in March 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series B — $3.5M
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First Round
First Round
(01 Jun 2014)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2017 | Amount | Series B - Adveez | Valuation | M Capital |
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| Jun, 2014 | Amount | Seed - Adveez | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Adveez
Adveez has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include M Capital and Renovo Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investment solutions are provided by M Capital for various sectors.
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Founded Year | Domain | Location | |
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Renovo Capital is engaged in private equity investments strategically.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Adveez
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Adveez
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Adveez Comparisons
Competitors of Adveez
Adveez 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 Samsara, Radius, GreenRoad, Spireon and Inseego, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners.
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| domain | founded_year | HQ Location |
Predictive marketing and sales platform
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| domain | founded_year | HQ Location |
Fleet telematics and management solutions for safe driving are provided.
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| domain | founded_year | HQ Location |
SaaS-enabled solutions for fleet and field service management are offered.
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| domain | founded_year | HQ Location |
IoT networking hardware and device management platforms are provided.
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| domain | founded_year | HQ Location |
GPS vehicle tracking and fuel management solution
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Adveez
Frequently Asked Questions about Adveez
When was Adveez founded?
Adveez was founded in 2010 and raised its 1st funding round 4 years after it was founded.
Where is Adveez located?
Adveez is headquartered in Phoenix, United States. It is registered at Phoenix, Arizona, United States.
Is Adveez a funded company?
Adveez is a funded company, having raised a total of $4.95M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.46M, raised on Jun 01, 2014.
What does Adveez do?
ADVEEZ manufactures access control and tracking solutions with a focus on hands-free. Its applications include home automation, building access control, people monitoring, etc. Its offerings are Asset management and Users safety. For users safety, the company offers a solution for both Resident safety and Workers safety. For residents, the company provides Superveez (compact door controller for dementia residents), Wander Management Digital Watch Tag (auto door locking and alert system), Fall Detection Wrist Tag (detection of hard and soft falls) and, for Workers safety is a wearable tag which sends alert when a worker is in a dangerous area. Other offerings include asset management hardware and platform for airports.
Who are the top competitors of Adveez?
What products or services does Adveez offer?
Adveez offers Localeez®, FAMA, OTM, Turtlebox, and Hands-free Credentials.
Who are Adveez's investors?
Adveez has 2 investors. Key investors include M Capital, and Renovo Capital.