About Fleetmatics
Fleetmatics is a company based in Waltham (United States) founded in 2003 by Mark Mintz was acquired by Verizon in August 2016. 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. Fleetmatics offers products and services including GPS Fleet Tracking Software, ELD Solution, Mobile App, and ROI Calculator. Fleetmatics operates in a competitive market with competitors including Samsara, Wright Express, Radius, Lytx and Platform Science, among others.
- Headquarter Waltham, United States
- Founders Mark Mintz
- Stage Public
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Sectors
Industrial Goods & ManufacturingTransportation, Automotive & Logistics
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Phone
Locked
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Website
Locked
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Social
Locked
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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
$108 M (USD)
in 3 rounds
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Latest Funding Round
Not available
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Investors
Verizon
& 4 more
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Employee Count
Not available
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Investments & Acquisitions
Connect2Field
& 5 more
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Acquired by
Verizon
(Aug 01, 2016)
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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
People of Fleetmatics
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Leadership Team
249 people
Software Development Team
188 people
Sales and Marketing
130 people
Senior Team
49 people
Data Analysis and Operations Team
48 people
Product Management Team
45 people
Operations Team
44 people
Finance and Accounting
28 people
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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.
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.
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Investments in SaaS, marketplace, and middle market companies are managed.
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Private equity, real estate, and credit investments are managed globally.
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Investor details for Fleetmatics
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Fleetmatics
Fleetmatics has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Connect2Field, Inosat and Ornicar.
Investment portfolio details for Fleetmatics
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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Logistics solutions are provided for optimized cargo transport.
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Field service scheduling and job management software is offered.
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Vehicle tracking and fleet management solutions are provided for fleets.
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Locked | Locked | 2005 | Locked |
Complete acquisition details for Fleetmatics
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- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - Fleetmatics
Detailed financials for Fleetmatics
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
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Fleetmatics Comparisons
Peer comparison for Fleetmatics
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Fleetmatics
Fleetmatics 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, Wright Express, Radius, Lytx and Platform Science, among others.
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AI-powered cloud-based vehicle tracking solutions are offered for fleet owners.
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Employee benefit administration and payment solutions are provided for enterprises.
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Predictive marketing and sales platform
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Provider of video telematics and fleet management solutions
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Provider of integrated solutions for fleet management
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Cloud-based fleet management solutions are provided for transportation operations.
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Detailed competitors of Fleetmatics
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Fleetmatics
Complete news archive for Fleetmatics
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- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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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.
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.