Trackunit

Aalborg, Denmark Founded: 1998 • Age: 28 yrs Acquired By Goldman Sachs
Telematic solutions are supplied for managing machinery and vehicle fleets.

About Trackunit

Trackunit is a Technology company based in Aalborg (Denmark) founded in 1998, and was acquired by Goldman Sachs in June 2025. It operates as a telematic solutions are supplied for managing machinery and vehicle fleets. It operates in the Technology and Transportation, Automotive & Logistics sectors. Trackunit has completed 3 acquisitions, including Flexcavo, OEM Solutions and Satrak. Its chief executive is Soeren Brogaard. Its website trackunit.com draws about 92 thousand monthly visits. Its focus areas include Connected Vehicles, Vehicle Telematics, Fleet Management and Auto Tech. Its competitors include Samsara, Radius, Lytx, Platform Science and GreenRoad and 5 more; 8 of its 10 listed competitors have raised funding.

Company details

Trackunit is a professional fleet management system for machinery and vehicles. The system streamlines fleet management and optimises profitability. The system works with a small GSMGPS unit installed in a machine or vehicle that uploads data to a server. These data can be accessed via the Trackunit Manager web portal or app for smartphone. Trackunit AS is a subsidiary of M-tec Holding Pandrup ApS owned by Svend M. Hansen and Jesper Fjeldsø. The parent company M-Tec was completely acquired by Goldman Sachs Merchant Banking and GRO capital in July 2015.

Key Metrics

Apps and channels of Trackunit

its YouTube channel Trackunit has 321 subscribers and 30 videos.

Trackunit
YouTube 321 subscribers 30 videos Film & Animation
Open channel

Videos from Trackunit

The most watched videos on Trackunit's YouTube channel, Trackunit (321 subscribers). Click a video to play it here.

Trackunit IrisX
12.2K views
AI in Construction – Episode 01 – The Future of AI in Construction
1.1K views
AI in Construction – Episode 4 – How AI Can Propel Organizations Forward
268 views
How Hilti & Trackunit Are Connecting the Jobsite
238 views

More on Trackunit.

Investors in Trackunit

Trackunit has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Goldman Sachs and Hg.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Investment banking services are delivered across multiple financial sectors.
1869goldmansachs.comNew York, United States
Private equity investments in Europe are managed by Hg.
1990hgcapital.comLondon, United Kingdom
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People of Trackunit

99 people are tracked at Trackunit (47 in leadership, 52 in team).

NameRoleGroup
Soeren Brogaard
CEOLeadership
Rasmus Damsgaard Christiansen
Senior Director Of EngineeringLeadership
Anne Sofie Fisker Vig
Head Of People Partnerships & Org. DevelopmentLeadership
Roman van der Burgt
Business Development DirectorLeadership
Heidi Birch
Payroll PartnerLeadership
Daniel Conradsen
Head Of Device Reliability EngineeringLeadership
Amalie Dupond Holdt
Senior People Business PartnerLeadership
Yon Gonzalez
Regional Director, ANZLeadership
Rasmus Foss-Pedersen
Vice President Of Fp&aLeadership
Morten Ørndrup
Director Operational ExcellenceLeadership
Robin Vos
Vice President OEM Sales APJ & Vice President Of JapanLeadership
Jenozen Balasundram
Head Of Supply ChainLeadership
Emily Moroz
Head Of People & Talent, North AmericaLeadership
Mikkel Dalgas
CTOLeadership
Griet Roeder L.
Personal Assistant To Chief Executive OfficerLeadership
Miranda Mattucci
People Business PartnerLeadership
Martin Th Appel
Global Supply Chain DirectorLeadership
Zeina Moawad
Head Of Strategic Customer ProjectsLeadership
Heini Hoff Brøndum
Director Of Product ManagementLeadership
Federico Rio
Senior Vice President - Product And PricingLeadership

79 more people are available in the full profile.

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Investments & Acquisitions by Trackunit

Trackunit has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Flexcavo, OEM Solutions and Satrak.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Global resourcing company specializing in B2B industrial component sourcing and solutions for Fortune 500's to startups.
oemsolutionsinc.comOak Brook, United States2015Oct 2023••••
Construction machinery rental services are offered by Flexcavo.
flexcavo.deRosenheim, Germany2020Jan 2023••••
Integrated vehicle tracking and telematics solutions are provided.
satrakvehicletracking.co.ukLeeds, United Kingdom2008Apr 2018••••
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Timeline of Trackunit

6 dated milestones of Trackunit across 27 years, from founding to its latest funding, stage changes and deals.

  1. Founded Trackunit is founded.
  2. Acquisition Acquires Satrak.
  3. Exit Acquired by Hg.
  4. Acquisition Acquires Flexcavo.
  5. Acquisition Acquires OEM Solutions.
  6. Exit Acquired by Goldman Sachs.

Competitors of Trackunit

Trackunit has 10 listed competitors in our database, 8 of them funded. They include Samsara, Radius, Lytx, Platform Science and GreenRoad, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
samsara.com2015San Francisco, United States$915M2,895
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners.
radius.com1990San Francisco, United States$332.76M–
Predictive marketing and sales platform
lytx.com1998San Diego, United States$152.4M979
Provider of video telematics and fleet management solutions
platformscience.com2014San Diego, United States$293.07M226
Provider of integrated solutions for fleet management
greenroad.com2004Austin, United States$81.5M10
Fleet telematics and management solutions for safe driving are provided.
inseego.com1985San Diego, United States$64.3M345
IoT networking hardware and device management platforms are provided.
fleetmatics.com2003Waltham, United States$108M779
Fleet management solutions are provided for tracking and optimization needs.
omnitracs.com1985Dallas, United States–999
Cloud-based fleet management solutions are provided for transportation operations.
azuga.com2013San Jose, United States–516
GPS vehicle tracking and fuel management solution
transflo.com1991Tampa, United States$3.89M198
Web-based solutions are provided for transportation and logistics operations.
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Detailed competitors of Trackunit

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Web traffic of Trackunit

The website of Trackunit (trackunit.com) receives about 91.9K visits a month.

  • Monthly visits
    91.9K

    ▼ 15.2% vs previous month

Similar websites

Websites whose visitors overlap most with Trackunit. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
paj-gps.fr
paj-gps.fr
100%
–#1,189,983–
holobuilder.com
100%
94.8K#248,126View details
telogis.com
92%
55.8K#574,874View details
rib-software.com
91%
146K#307,105View details
fleetmind.com
81%
––View details
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
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All 12 similar websites and full traffic analytics for Trackunit

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Top companies in Industrial IoT & Smart Manufacturing

10 companies that operate in the same segment as Trackunit (Industrial IoT & Smart Manufacturing), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners.
2015San Francisco, California, United StatesUSD 915 MUSD 1.62 B5,792
Cloud-based smart security cameras are manufactured for home use.
1999Provo, Utah, United StatesUSD 172 MUSD 341.04 M11,275
Cloud-based network infrastructure for IoT applications is provided.
2004Boise, Idaho, United StatesUSD 154.85 MUSD 8.52 M165
Wireless security platform for IoT applications is provided.
2015Palo Alto, California, United StatesUSD 1.17 B––
Blockchain-based connectivity for IoT applications is facilitated.
2017Menlo Park, California, United StatesUSD 50 M––
IoT connectivity platform from prototype to production is developed.
2011San Francisco, California, United StatesUSD 134.87 M–109
Cloud-based smart locks for residential and commercial access are provided.
2014New York, New York, United StatesUSD 152.78 MUSD 70.12 M266
Keyless smart locks are developed for consumer and commercial applications.
2015Singapore, SingaporeUSD 32.28 M––
Provider of cyber security solutions for asset visibility and threat management
2000San Jose, California, United StatesUSD 120.28 MUSD 4.03 M1,330
Mesh-based connectivity solutions for IoT applications are provided.
2014San Francisco, California, United StatesUSD 90 M––
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Related news about Trackunit

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Frequently Asked Questions about Trackunit

Trackunit was founded in 1998.

Trackunit is headquartered in Aalborg, Denmark.

Soeren Brogaard is the current CEO of Trackunit.

Trackunit is a professional fleet management system for machinery and vehicles. The system streamlines fleet management and optimises profitability. The system works with a small GSMGPS unit installed in a machine or vehicle that uploads data to a server. These data can be accessed via the Trackunit Manager web portal or app for smartphone. Trackunit AS is a subsidiary of M-tec Holding Pandrup ApS owned by Svend M. Hansen and Jesper Fjeldsø. The parent company M-Tec was completely acquired by Goldman Sachs Merchant Banking and GRO capital in July 2015.

Trackunit's top competitors include Samsara, Radius and Omnitracs.

Trackunit has made 3 acquisitions, including Flexcavo, OEM Solutions, and Satrak.

Trackunit has 2 investors. Key investors include Goldman Sachs, and Hg.

Yes. Trackunit was acquired by Goldman Sachs in June 2025.

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