Fleet

Palo Alto, United States Founded: 2019 • Age: 7 yrs
Employee transportation management solutions are provided for workforce commutes.
Annual revenue - Latest available
Total funding $2.5M 1 rounds
Employees - Tracked headcount
Investors 6 Known backers
Products 1 Services tracked
Competitors 9 Brand Intelligence

About Fleet

Fleet is a company based in Palo Alto (United States) founded in 2019 by Shaurya Saluja. It operates as a SaaS (Software-as-a-Service). Fleet has raised $2.5 million across 1 funding round from investors including Plug and Play Tech Center, Congruent Ventures and Great Oaks Venture Capital. Fleet offers products and services including Commuter Benefits Platform. Fleet operates in a competitive market with competitors including Moovit, HopOn, Tripshot, VOLL and Mobilleo, among others.

  • Headquarter Palo Alto, United States
  • Founders Shaurya Saluja
  • Sectors
    Technology
    Transportation, Automotive & Logistics
  • Email
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  • Phone
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  • Website
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Operational Areas
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Transportation, Automotive & Logistics → Road Transportation & Transit Systems Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $2.5 M (USD)

    in 1 rounds

  • Latest Funding Round
    $2.5 M (USD), Seed

    Aug 27, 2024

  • Investors
  • Employee Count
    Not available
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Products & Services of Fleet

Fleet offers a comprehensive portfolio of products and services, including Commuter Benefits Platform.

Product name locked
Category locked
Primary

A platform for managing commuter benefits efficiently.

People of Fleet

Headcount 1-10
Employee Profiles 2
Employee Profiles
People
Sydney Upchurch
Advisor
People
Shaurya Saluja
Co-Founder & CEO

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Teams

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Funding Insights of Fleet

Fleet has successfully raised a total of $2.5M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.5 million completed in August 2024. 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.

Investors in Fleet

Fleet has secured backing from 6 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Plug and Play Tech Center, Congruent Ventures and Great Oaks Venture Capital.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Climate tech investing and support for early-stage entrepreneurs in North America.
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Tech focused early-stage micro VC firm investing in the US
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Startups are accelerated and invested in across multiple tech sectors.
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Investor details for Fleet

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

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Investments & Acquisitions by Fleet

Investments
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Investment portfolio details for Fleet

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

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Financial Statements - Fleet

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Detailed financials for Fleet

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  • Profit trends
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Fleet Comparisons

Fleet Primary company
Description
Employee transportation management solutions are provided fo...
Location
Palo Alto, United States
Founded Year
2019
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
Premium access

Peer comparison for Fleet

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Competitors of Fleet

Fleet 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 Moovit, HopOn, Tripshot, VOLL and Mobilleo, among others.

Company Name Domain Founded year HQ Location Description
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AI-enabled mobility-as-service platform is developed for transit operators.
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SaaS mobility-as-a-service and data collection for public transit are provided.
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Saas-enabled platform offering operations management solutions for transit operators
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Mobility solutions for corporates are facilitated via a marketplace.
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SaaS-driven mobility solutions are offered for business travel bookings.
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Detailed competitors of Fleet

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  • Domains and locations
  • Full company profiles
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Latest news on Fleet

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Complete news archive for Fleet

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

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Frequently Asked Questions about Fleet

Fleet was founded in 2019 and raised its 1st funding round 5 years after it was founded.

Fleet is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.

Shaurya Saluja is the current CEO of Fleet. They have also founded this company.

Fleet is a funded company, having raised a total of $2.5M across 1 funding round to date.

Fleet is recognized for offering a commuter benefits management platform. This platform is designed to streamline access to transportation incentives and benefits. It supports sustainable mobility options for daily commuting. Integration with over 180 HR systems is facilitated for seamless implementation. Automated payroll deductions and customizable programs are included as features. Compliance with city, state, and federal mandates is ensured through tailored rules and reporting. The platform serves various sectors by enhancing employee experience. Sustainable commuting is encouraged through gamified incentives. Cost savings for both employees and employers are enabled. Overall, greener commutes and improved company appeal are promoted.

Fleet's top competitors include Moovit, HopOn and Tripshot.

Fleet offers Commuter Benefits Platform.

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