About Ctrack
Ctrack is a company based in Centurion (South Africa) founded in 1985 was acquired by Convergence Partners in February 2021.. Ctrack has raised $23.4 million across 1 funding round from investors including NovAtel, Sanari Capital and 27four Investment Managers. Ctrack offers products and services including Crystal Platform, Driver Management, Video Telematics, and Bureau Services. Ctrack operates in a competitive market with competitors including Lytx, Inseego, Naked, PowerFleet and MachineMax, among others.
- Headquarter Centurion, South Africa
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Sectors
TechnologyFinancial Services Transportation, Automotive & Logistics
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Email
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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
$23.4 M (USD)
in 1 rounds
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Latest Funding Round
$23.4 M (USD), Series B
Oct 09, 2025
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Investors
NovAtel
& 3 more
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Employee Count
Employee Count
- Acquired by
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Products & Services of Ctrack
Ctrack offers a comprehensive portfolio of products and services, including Crystal Platform, Driver Management, Video Telematics, and Bureau Services. 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.
Platform for AI-enhanced fleet tracking and reporting services
Real-time monitoring for driver safety and performance optimization
Advanced camera systems for fleet security and management
Outsourced fleet data analysis for operational efficiency
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Funding Insights of Ctrack
Ctrack has successfully raised a total of $23.4M through 1 strategic funding round. The most recent funding activity was a Series B round of $23.4 million completed in October 2025. 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 1
- Last Round Series B — $23.4M
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First Round
First Round
(09 Oct 2025)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2025 | Amount | Series B - Ctrack | Valuation | Sanari Capital |
| 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 Ctrack
Ctrack has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include NovAtel, Sanari Capital and 27four Investment Managers. 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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Convergence Partners is focused on ICT investments in Africa.
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Founded Year | Domain | Location | |
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Offers investment funds, ETFs, and advisory for individuals and institutions.
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Founded Year | Domain | Location | |
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GNSS positioning solutions are provided through OEM receivers and antennas.
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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 Ctrack
| 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 - Ctrack
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Ctrack Comparisons
Competitors of Ctrack
Ctrack 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 Lytx, Inseego, Naked, PowerFleet and MachineMax, 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 |
Provider of video telematics and fleet management solutions
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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 |
Usage-based car insurance is delivered via an AI-driven mobile app.
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| domain | founded_year | HQ Location |
Telematics-based fleet management solutions are provided for tracking and optimization.
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| domain | founded_year | HQ Location |
A cloud-based platform for managing industrial equipment is offered.
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| domain | founded_year | HQ Location |
Provides cloud-based fleet management software solutions.
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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 Ctrack
Frequently Asked Questions about Ctrack
When was Ctrack founded?
Ctrack was founded in 1985 and raised its 1st funding round 40 years after it was founded.
Where is Ctrack located?
Ctrack is headquartered in Centurion, South Africa. It is registered at Centurion, Gauteng, South Africa.
Who is the current CEO of Ctrack?
Relebohile Liphoto is the current CEO of Ctrack.
Is Ctrack a funded company?
Ctrack is a funded company, having raised a total of $23.4M across 1 funding round to date. The company's 1st funding round was a Series B of $23.4M, raised on Oct 09, 2025.
What does Ctrack do?
Ctrack was established in 1985 in Centurion, South Africa, as a provider of fleet management products and solutions targeted at the insurance sector. Operations involve the integration of GPS satellite positioning, GSM cellular communication systems, and various sensory technologies to support tracking and management functions. The company focuses on delivering these tools to enhance risk assessment and operational efficiency in the sector.
What products or services does Ctrack offer?
Ctrack offers Crystal Platform, Driver Management, Video Telematics, and Bureau Services.
Who are Ctrack's investors?
Ctrack has 4 investors. Key investors include NovAtel, Sanari Capital, 27four Investment Managers, and Convergence Partners.