About Safe Fleet
Safe Fleet is a company based in Belton (United States) founded in 2013 was acquired by Clarience Technologies in February 2024.. The company has 1,274 employees as of December 31, 2023. Safe Fleet has completed 15 acquisitions, including American Midwest Fleet Solutions, American Van Equipment and COBAN Technologies. Safe Fleet offers products and services including Fleet Video Systems, Collision Avoidance, and Safety Upfits. Safe Fleet operates in a competitive market with competitors including Samsara, Radius, Lytx, GreenRoad and Spireon, among others.
- Headquarter Belton, United States
- Employees 1274 as on 31 Dec, 2023
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Sectors
Industrial Goods & ManufacturingTransportation, 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 Safe Fleet Acquisition Corp
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Goldman Sachs
& 4 more
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Employee Count
1274
as on Dec 31, 2023
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Investments & Acquisitions
American Midwest Fleet Solutions
& 14 more
- Acquired by
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Products & Services of Safe Fleet
Safe Fleet offers a comprehensive portfolio of products and services, including Fleet Video Systems, Collision Avoidance, and Safety Upfits. 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.
Provides video evidence management for fleet vehicles
Offers technologies to prevent vehicle accidents
Delivers equipment for vehicle safety enhancements
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Funding Insights of Safe Fleet
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2018 | Amount | Debt – Conventional - Safe Fleet | 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 Safe Fleet
Safe Fleet has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Goldman Sachs, Morgan Stanley and Elkhart Brass. 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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Investment banking services are delivered across multiple financial sectors.
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Founded Year | Domain | Location | |
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Mid market focused private equity firm
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Founded Year | Domain | Location | |
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Wealth management, investment advisory, and financial services are provided.
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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 Safe Fleet
Safe Fleet has strategically engaged in corporate development activities, having acquired 15 companies. Notable acquisitions include American Midwest Fleet Solutions, American Van Equipment and COBAN Technologies. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Physical security services are offered to various clients.
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2017 | ||||
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Commercial-grade vehicle safety systems are manufactured and distributed.
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2007 | ||||
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Evidence management solutions are provided for law enforcement agencies.
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2002 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Safe Fleet
| 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 |
Safe Fleet Comparisons
Competitors of Safe Fleet
Safe 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 Samsara, Radius, Lytx, GreenRoad and Spireon, 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 |
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners.
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| domain | founded_year | HQ Location |
Predictive marketing and sales platform
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| domain | founded_year | HQ Location |
Provider of video telematics and fleet management solutions
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| domain | founded_year | HQ Location |
Fleet telematics and management solutions for safe driving are provided.
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| domain | founded_year | HQ Location |
SaaS-enabled solutions for fleet and field service management are offered.
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| domain | founded_year | HQ Location |
IoT networking hardware and device management platforms 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 Safe Fleet
Frequently Asked Questions about Safe Fleet
When was Safe Fleet founded?
Safe Fleet was founded in 2013 and raised its 1st funding round 5 years after it was founded.
Where is Safe Fleet located?
Safe Fleet is headquartered in Belton, United States. It is registered at Belton, Texas, United States.
Who is the current CEO of Safe Fleet?
Brian Kupchella is the current CEO of Safe Fleet.
How many employees does Safe Fleet have?
As of Dec 31, 2023, the latest employee count at Safe Fleet is 1,274.
What does Safe Fleet do?
Safe Fleet was founded in 2013 and is based in Belton, United States. Products focused on fleet safety management are created for the transportation sector. A range of items, such as cameras, event recording systems, perimeter alarms, and tracking solutions, is offered to support operator, passenger, and pedestrian safety. Operations center on providing tools like cargo trays and management systems for school and general fleet use.
Who are the top competitors of Safe Fleet?
What products or services does Safe Fleet offer?
Safe Fleet offers Fleet Video Systems, Collision Avoidance, and Safety Upfits.
How many acquisitions has Safe Fleet made?
Safe Fleet has made 15 acquisitions, including American Midwest Fleet Solutions, American Van Equipment, and COBAN Technologies.
Who are Safe Fleet's investors?
Safe Fleet has 5 investors. Key investors include Goldman Sachs, Morgan Stanley, Elkhart Brass, Clarience Technologies, and Oak Hill.
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