About PACE
PACE is a company based in Karlsruhe (Germany) founded in 2015 was acquired by DKV Mobility in April 2025. It operates as a FinTech, and SaaS (Software-as-a-Service). PACE offers products and services including PACE Drive App and Connected Fueling Platform. PACE operates in a competitive market with competitors including GoFar, CaRPM, Carly, E-Trailer and Carmen Automotive, among others.
- Headquarter Karlsruhe, Germany
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Sectors
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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- Legal Name Pace Telematics Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$58.99 K (USD), Grant
Aug 31, 2021
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Investors
European Union
& 4 more
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Employee Count
Employee Count
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Acquired by
DKV Mobility
(Apr 07, 2025)
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Products & Services of PACE
PACE offers a comprehensive portfolio of products and services, including PACE Drive App and Connected Fueling Platform. 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.
Mobile payment for fuel directly at the pump.
Platform enabling mobile payments at fuel stations.
Funding Insights of PACE
- Total Funding Total Funding
- Total Rounds 5
- Last Round Grant — $58,992
- First Round First Round
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2021 | Amount | Grant - PACE | Valuation |
investors |
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| Sep, 2019 | Amount | Grant - PACE | Valuation |
investors |
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| Jul, 2018 | Amount | Series A - PACE | Valuation |
investors |
| 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 PACE
PACE has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union, DKV Mobility and EIC Fund. 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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Government agency and accelerator focusing on innovative startups and SMEs
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location | |
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Develops exhaust, climate control, and thermomanagement systems for vehicles.
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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 PACE
| 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 - PACE
| 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 |
Pace Comparisons
Competitors of PACE
PACE 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 GoFar, CaRPM, Carly, E-Trailer and Carmen Automotive, 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 |
Vehicle monitoring is enabled by OBD devices and mobile apps.
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| domain | founded_year | HQ Location |
Car performance is monitored using OBD-II technology for real-time data.
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| domain | founded_year | HQ Location |
OBDII adapters and apps for vehicle diagnostics are offered.
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| domain | founded_year | HQ Location |
Electric trailers and caravans are developed for mountain travel.
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| domain | founded_year | HQ Location |
Provider of a smart device to monitor car performance
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| domain | founded_year | HQ Location |
Connected vehicle data analytics platform and applications are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Pace
Frequently Asked Questions about PACE
When was PACE founded?
PACE was founded in 2015.
Where is PACE located?
PACE is headquartered in Karlsruhe, Germany. It is registered at Karlsruhe, Baden-wurttemberg, Germany.
What does PACE do?
Mobile payment solutions for fuel stations are offered by PACE. The company focuses on enabling seamless transactions at the pump through the PACE Drive App and the Connected Fueling Platform. Services are extended to fuel station operators, app providers, and automotive manufacturers across the European market. Digital receipts and efficient payment processes are facilitated to enhance user experience in the fuel retail sector.
Who are the top competitors of PACE?
PACE's top competitors include GoFar, BlueDriver and CaRPM.
What products or services does PACE offer?
PACE offers PACE Drive App and Connected Fueling Platform.
Who are PACE's investors?
PACE has 5 investors. Key investors include European Union, DKV Mobility, EIC Fund, Eberspaecher, and L-Bank.