About Fleetmatics
Fleetmatics is an Industrial Goods & Manufacturing company based in Waltham (United States) founded in 2003 by Mark Mintz, and was acquired by Verizon in August 2016. Fleet management solutions are provided for tracking and optimization needs. It operates in the Industrial Goods & Manufacturing and Transportation, Automotive & Logistics sectors. Fleetmatics has raised $108 million across 3 funding rounds from investors including Verizon, New Amsterdam Growth Capital and Pritzker Group. Fleetmatics has completed 6 acquisitions, including Connect2Field, Inosat and Ornicar. Its website fleetmatics.com draws about 1.2 million monthly visits. Fleetmatics offers products and services including GPS Fleet Tracking Software, ELD Solution, Mobile App, and ROI Calculator. Its focus areas include Consumer, Logistics Tech, Freight and Trucking. Its competitors include Samsara, Wright Express and Radius; 2 of its 3 listed competitors have raised funding.
Company details
Fleetmatics was founded in 2003 and is based in Waltham, United States. Fleet and asset tracking, compliance management, dash cameras, fuel optimization, and vehicle maintenance are included among the solutions offered. These services support operations in sectors like logistics, oil and gas, construction, and waste management. Clients such as Pepsi and Costco are served by the company.
- Headquarters Waltham, United States
- Founders Mark Mintz
- Stage Acquired
- SectorsIndustrial Goods & ManufacturingTransportation, Automotive & Logistics
- Website category Business and Consumer Services · Shipping and Logistics
- Website fleetmatics.com
- Social LinkedIn X Facebook YouTube
- Acquired by Verizon (Aug 2016)
- Total Equity Funding$108M (USD)
in 3 rounds
- InvestorsVerizon
& 4 more
- Investments & AcquisitionsConnect2Field
& 5 more
- Acquired byVerizon
(Aug 2016)
Products & Services of Fleetmatics
Fleetmatics offers a comprehensive portfolio of products and services, including GPS Fleet Tracking Software, ELD Solution, Mobile App, and ROI Calculator.
Software for real-time vehicle and asset monitoring to optimize operations
Device for accurate electronic logging of driver hours of service
App for on-the-go fleet visibility and driver behavior alerts
Tool to estimate potential savings from fleet tracking implementation
Apps and channels of Fleetmatics
its YouTube channel Verizon Connect has 472K subscribers and 30 videos.
Videos from Fleetmatics
The most watched videos on Fleetmatics's YouTube channel, Verizon Connect (472K subscribers). Click a video to play it here.
More on Verizon Connect.
Funding Insights of Fleetmatics
Fleetmatics has successfully raised a total of $108M across 3 strategic funding rounds. 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 $108M
- Total Rounds 3
- First Round $40M
(Aug 2008)
- Investors Count 4
All 3 funding rounds of Fleetmatics with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2014 | Series C | – | New Amsterdam Growth Capital | – | |
| Dec 2010 | $68M | Series C | – | Pritzker Group, IVP | |
| Aug 2008 | $40M | Series B | – | Investcorp | – |
5 investors in total: 5 institutional.
Investors in Fleetmatics
Fleetmatics has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Verizon, New Amsterdam Growth Capital and Pritzker Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| nagrowth.com | ||||
Investments in SaaS, marketplace, and middle market companies are managed. | pritzkergroup.com | Chicago, United States | ||
Private equity, real estate, and credit investments are managed globally. | investcorp.com | New York, United States | ||
Growth in technology companies is supported through venture capital. | ivp.com | Menlo Park, United States | ||
Mobile and internet services are provided to homes and businesses. | 1983 | verizon.com | New York, United States |
Investor details for Fleetmatics
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
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People of Fleetmatics
985 people are tracked at Fleetmatics (483 in leadership, 10 in board & advisors, 492 in team).
| Name | Role | Group |
|---|---|---|
Mark Mintz | Founder | Leadership |
Aaron Silverberg | Associate Director, Brand Strategy | Leadership |
Mike Sarcone | Vice President - Verizon Value Brands | Leadership |
Jay Lockhart | Associate Director - Sales Operations & Enablement | Leadership |
Ronita Mathias | Senior Vice President - Corporate Finance | Leadership |
Eleanor Walsh | Associate Director | Leadership |
Denise Houlihan | Associate Director- Business Sales | Leadership |
Daniel H. Schulman | CEO | Leadership |
Brandy Bora | Senior Director | Leadership |
Emily Lord | Associate Director, Digital Marketing | Leadership |
Lizzie Haberman | Production Director, Creative Marketing Group | Leadership |
Ryan Wilson | Head Of Cyber Defense Content Creation And Security Automation | Leadership |
Diane Ivinskas | Associate Director Integrated Marketing » Effective Internal Communication & GTM Strategy | Leadership |
Rachna Lamba | Senior Director | Leadership |
Guillermo S. | Director Of System Performance | Leadership |
Lindsay Trail | Senior Director, Business Transformation | Leadership |
Francine Pass | Sr. Director Consumer Sales | Leadership |
Phillip French | VP - Network Engineering | Leadership |
Larry Williams Jr. | Senior Director Technical Product Management | Leadership |
Pedro Correa | President | Leadership |
965 more people are available in the full profile.
Complete people profiles for Fleetmatics
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- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Investments & Acquisitions by Fleetmatics
Fleetmatics has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Connect2Field, Inosat and Ornicar.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Vehicle tracking and fleet management solutions are provided for fleets. | trackeasy.de | Berlin, Germany | 2005 | Nov 2016 | •••• | |
SaaS solutions for vehicle tracking and fleet management are provided. | inosat.com | Porto, Portugal | 2000 | Sep 2016 | •••• | |
GPS tracking and fleet management solutions are offered by Visirun. | visirun.com | Ferrara, Italy | 2001 | Nov 2015 | $2.4B | |
GPS-based SaaS solutions for fleet management are provided to enterprises. | ornicar.net | Montbonnot Saint Martin, France | 2002 | Feb 2015 | •••• | |
Logistics solutions are provided for optimized cargo transport. | routist.com | Florence, Italy | 2011 | Jun 2014 | •••• | |
Field service scheduling and job management software is offered. | connect2field.com | Artarmon, Australia | 2010 | Aug 2013 | •••• |
Complete acquisition details for Fleetmatics
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- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Fleetmatics
11 dated milestones of Fleetmatics across 13 years, from founding to its latest funding, stage changes and deals.
- Founded Fleetmatics is founded.
- Funding First funding round of $40.0M.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Connect2Field.
- Acquisition Acquires Routist.
- Funding Latest funding round, Series C,.
- Acquisition Acquires Ornicar.
- Acquisition Acquires Visirun.
- Exit Acquired by Verizon.
- Acquisition Acquires Inosat.
- Acquisition Acquires TrackEasy.
Competitors of Fleetmatics
Fleetmatics has 3 listed competitors in our database, 2 of them funded. They include Samsara, Wright Express and Radius.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| samsara.com | 2015 | San Francisco, United States | $915M | 2,895 | AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | |
| wexinc.com | 1983 | Portland, United States | 6,123 | Employee benefit administration and payment solutions are provided for enterprises. | ||
| radius.com | 1990 | San Francisco, United States | $332.76M | Predictive marketing and sales platform |
Detailed competitors of Fleetmatics
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Fleetmatics
The website of Fleetmatics (fleetmatics.com) receives about 1.2M visits a month and ranks #41,527 among all websites worldwide, #1,089 in Shipping and Logistics.
- Monthly visits1.2M
▼ 7.4% vs previous month
- Unique visitors111.7K
per month
- Global rank#41,527
among all websites
- Category rank#1,089
Business and Consumer Services · Shipping and Logistics
- Bounce rate42%
- Pages per visit4.3
- Average visit4 min 30 sec
- DevicesDesktop 89% · Mobile 11%
Websites whose visitors overlap most with Fleetmatics. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| verizonconnect.com | 100% | 282.8K | #221,783 | View details | |
| fleetistics.com | 78% | #4,215,862 | View details | ||
fleetmatics-usa.com | fleetmatics-usa.com | 76% | – | ||
teletrac.com | teletrac.com | 73% | #11,857,321 | – | |
| nextraq.com | 72% | 23.7K | #1,628,023 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 22 similar websites and full traffic analytics for Fleetmatics
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- 22 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Top companies in Physical Security & Surveillance
3 companies that operate in the same segment as Fleetmatics (Physical Security & Surveillance) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based business telephony and home security services are provided. | 2004 | Palo Alto, California, United States | USD 87.97 M | USD 273.6 M | 1,190 | |
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | 2015 | San Francisco, California, United States | USD 915 M | USD 1.62 B | 5,792 | |
Autonomous drones and AI pilots for fighter jets are developed. | 2015 | San Diego, California, United States | USD 3.52 B | 1,965 |
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Related news about Fleetmatics
Complete news archive for Fleetmatics
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Frequently Asked Questions about Fleetmatics
Fleetmatics was founded in 2003 and raised its 1st funding round 5 years after it was founded.
Fleetmatics is headquartered in Waltham, United States. It is registered at Waltham, Massachusetts, United States.
Fleetmatics is a funded company, having raised a total of $108M across 3 funding rounds to date. The company's 1st funding round was a Series B of $40M, raised on Aug 2008.
Fleetmatics was founded in 2003 and is based in Waltham, United States. Fleet and asset tracking, compliance management, dash cameras, fuel optimization, and vehicle maintenance are included among the solutions offered. These services support operations in sectors like logistics, oil and gas, construction, and waste management. Clients such as Pepsi and Costco are served by the company.
Fleetmatics's top competitors include Samsara, Wright Express and Radius.
Fleetmatics offers GPS Fleet Tracking Software, ELD Solution, Mobile App, and ROI Calculator.
Fleetmatics has made 6 acquisitions, including Connect2Field, Inosat, and Ornicar.
Fleetmatics has 5 investors. Key investors include Verizon, New Amsterdam Growth Capital, Pritzker Group, Investcorp, and IVP.
Yes. Fleetmatics was acquired by Verizon in August 2016.
The website of Fleetmatics receives about 1.2 million visits a month and ranks #41,527 among all websites worldwide.