About Fleetio
Fleetio is a company based in Birmingham (United States) founded in 2011 by Tony Summerville. Fleetio has raised $624.07 million across 5 funding rounds from investors including Goldman Sachs, Elephant Elephant and Endeavor. Fleetio has completed 1 acquisition, including Auto Integrate. Fleetio offers products and services including Fleet Management Software, Fleet Maintenance, Fuel Management, and Parts Inventory. Fleetio operates in a competitive market with competitors including Uptake, Whip Around, Preteckt, Stratio and Halligan, among others.
- Headquarter Birmingham, United States
- Founders Tony Summerville
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Sectors
Transportation, Automotive & Logistics
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Email
Locked
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Phone
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Website
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Social
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- Legal Name Rarestep, Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$624.07 M (USD)
in 5 rounds
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Latest Funding Round
$454 M (USD), Series D
Mar 20, 2025
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Investors
Goldman Sachs
& 2 more
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Employee Count
Not available
- Investments & Acquisitions
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Products & Services of Fleetio
Fleetio offers a comprehensive portfolio of products and services, including Fleet Management Software, Fleet Maintenance, Fuel Management, and Parts Inventory.
Platform for tracking vehicle details and histories.
System for scheduling repairs and preventive maintenance.
Tool to monitor fuel data and control expenses.
Software for tracking parts stock and costs.
People of Fleetio
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Funding Insights of Fleetio
Fleetio has successfully raised a total of $624.07M across 5 strategic funding rounds. The most recent funding activity was a Series D round of $454 million completed in March 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.
Investors in Fleetio
Fleetio has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Goldman Sachs, Elephant Elephant and Endeavor.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm dealing with enterprise software, consumer internet, and mobile markets.
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Locked | Locked | Locked | |
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Investment banking services are delivered across multiple financial sectors.
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Endeavor is focused on supporting high-impact entrepreneurs globally.
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Locked | Locked | Locked |
Investor details for Fleetio
Investor domains, locations, round participation, and complete history require an active premium plan.
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Fleetio
Fleetio has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Auto Integrate.
Investment portfolio details for Fleetio
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Web-based fleet maintenance authorization software | Auto Integrate
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Locked | Locked | 0 | Locked |
Complete acquisition details for Fleetio
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
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- Domains and locations
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Financial Statements - Fleetio
Detailed financials for Fleetio
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
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Fleetio Comparisons
Peer comparison for Fleetio
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Competitors of Fleetio
Fleetio 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 Uptake, Whip Around, Preteckt, Stratio and Halligan, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Cloud-based predictive analytics platform is utilized for asset maintenance insights.
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Web-based fleet inspection and maintenance software is provided.
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Predictive maintenance and remote diagnostics for vehicles are offered.
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AI and SaaS-based predictive maintenance for heavy-duty vehicles is delivered.
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Provider of inventory management & vehicle maintenance solutions
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Detailed competitors of Fleetio
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Latest news on Fleetio
Complete news archive for Fleetio
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Frequently Asked Questions about Fleetio
Fleetio was founded in 2011 and raised its 1st funding round 5 years after it was founded.
Fleetio is headquartered in Birmingham, United States. It is registered at Birmingham, Alabama, United States.
Jon Meachin is the current CEO of Fleetio.
Fleetio is a funded company, having raised a total of $624.07M across 5 funding rounds to date.
Fleetio was founded in 2011 in Birmingham, United States, and operates in the fleet management sector. Cloud-based solutions are provided for fleet oversight, fuel tracking, equipment handling, maintenance scheduling, compliance monitoring, reporting, and real-time vehicle location. These services support operations for clients including Boyle, Splend, and Snap Towing, with a focus on efficiency in the transportation industry. Leadership includes founder Tony Summerville and CEO Jon Meachin.
Fleetio's top competitors include Preteckt, Whip Around and Uptake.
Fleetio offers Fleet Management Software, Fleet Maintenance, Fuel Management, and Parts Inventory.
Fleetio has made 1 acquisition, including Auto Integrate.
Fleetio has 3 investors. Key investors include Goldman Sachs, Elephant Elephant, and Endeavor.