About Trakm8
Trakm8 is a Transportation, Automotive & Logistics company based in Livingston (United Kingdom) founded in 2006, and was acquired by Trakm8 in December 2015. It operates as a fleet management and telematics solutions are provided by Trakm8. It operates on a SaaS (Software-as-a-Service) and Subscription Services model in Transportation, Automotive & Logistics and Energy & Utilities sectors. Trakm8 has raised $1.59 million across 6 funding rounds from investors including Scottish Enterprise, Trakm8 and European Union. The company has 13 employees. The company was acqui-hired. Trakm8 offers products and services including Fleet Route Optimisation and Planning Software, Fleet Telematics, Fleet Dash Cams, and Automotive Telematics Solutions. Its focus areas include Technology, Software, Fleet Management Software and Automotive. Its legal entity is Trakm8 Holdings Limited. Its competitors include Bonnet, Zap-Map, Connected Kerb, Co Charger and WattsUp and 3 more; 3 of its 8 listed competitors have raised funding.
Company details
Trakm8 is engaged in providing fleet management and telematics solutions. Services are offered across sectors like field service, home delivery, and long-distance haulage. Fleet route optimisation and planning software is developed to enhance productivity and reduce costs. Telematics systems are provided for real-time tracking and driver behavior insights. Connected car solutions are also delivered to automotive OEMs. Comprehensive tools are included for multi-depot management and electronic proof of delivery.
- Headquarters Livingston, United Kingdom
- Employees 13
- Stage Acquired
- SectorsTransportation, Automotive & LogisticsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website routemonkey.com
- Social LinkedIn X Facebook
- Acquired by Trakm8 (Dec 2015)
- Legal Name Trakm8 Holdings Limited
- Annual Revenue$948.7 K (USD)-33as on Mar 31, 2020
- Net Profit$395.5 K (USD)43as on Mar 31, 2020
- Total Equity Funding$1.59M (USD)
in 6 rounds
- Latest Funding Round$1.19M (USD), Grant
May 2017
- InvestorsScottish Enterprise
& 4 more
- Employee Count13
- Acquired byTrakm8
(Dec 2015)
Products & Services of Trakm8
Trakm8 offers a comprehensive portfolio of products and services, including Fleet Route Optimisation and Planning Software, Fleet Telematics, Fleet Dash Cams, and Automotive Telematics Solutions.
Routes are planned automatically to boost fleet productivity.
Efficiency is improved with real-time GPS tracking systems.
Drivers are protected with connected vehicle camera systems.
Telematics solutions are provided for automotive OEMs sectors.
Funding Insights of Trakm8
Trakm8 has successfully raised a total of $1.59M across 6 strategic funding rounds. The most recent funding activity was a Grant round of $1.19 million completed in May 2017. 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 $1.59M
- Total Rounds 6
- Last Round Grant — $1.19M
- First Round $789,955
(Nov 2011)
- Investors Count 4
All 6 funding rounds of Trakm8 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 |
|---|---|---|---|---|---|
| May 2017 | $1.19M | Grant | – | – | |
| Jun 2016 | $413,937 | Grant | – | – | |
| Feb 2016 | $386,149 | Grant | – | – | |
| Jan 2015 | $3.4M | Debt – Conventional | – | – | |
| Dec 2012 | $804,375 | Seed | – | – | |
| Nov 2011 | $789,955 | Seed | – | – |
5 investors in total: 5 institutional.
Investors in Trakm8
Trakm8 has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Scottish Enterprise, Trakm8 and European Union.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
- | – | thenortheasttechnologyfund.com | - | |
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
Business development and leadership training programs are offered to companies. | 1991 | scottish-enterprise.com | Glasgow, United Kingdom | |
Clydesdale Bank is operated as a provider of personal, business, and private banking services. | – | cbonline.co.uk | Sunderland, United Kingdom | |
Vehicle telematics and camera solutions are provided for fleets. | 2001 | trakm8.com | Shaftesbury, United Kingdom |
Investor details for Trakm8
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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- Round participation
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Timeline of Trakm8
4 dated milestones of Trakm8 across 11 years, from founding to its latest funding, stage changes and deals.
- Founded Trakm8 is founded.
- Funding First funding round of $790K.
- Exit Acquired by Trakm8.
- Funding Latest funding round, Grant, of $1.2M.
Competitors of Trakm8
Trakm8 has 8 listed competitors in our database, 3 of them funded. They include Bonnet, Zap-Map, Connected Kerb, Co Charger and WattsUp, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| joinbonnet.com | 2019 | London, United Kingdom | $12.35M | 20 | EV charging app for electric car charging | |
| zap-map.com | 2014 | Bristol, United Kingdom | $16.42M | 44 | App-based platform offering electric charge point locater services | |
| connectedkerb.com | 2017 | London, United Kingdom | $208.61M | 11 | EV charging infrastructure and traffic data ecosystems are provided roadside. | |
| co-charger.com | 2020 | Exeter, United Kingdom | – | 2 | App-based platform for sharing and renting electric vehicle chargers. | |
| wattsup.app | 2018 | Bo'ness, United Kingdom | – | – | App for real-time route planning and locating rapid chargers for EVs. | |
| hubsta.co.uk | 2018 | Durham, United Kingdom | – | – | Offers an app-based platform for locating electric-vehicle charging stations. | |
| anywherecharging.co.uk | 2020 | London, United Kingdom | – | – | Offers an app-based platform for locating EV charging points. | |
| myautomateapp.co.uk | 2018 | Reading, United Kingdom | – | – | Delivers fuel pricing data, forecourt details, and consumer apps for the UK fuel industry. |
Detailed competitors of Trakm8
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Top companies in Electric & Green Mobility
10 companies that operate in the same segment as Trakm8 (Electric & Green Mobility), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electric kick-scooters are rented through an app-based platform. | 2017 | Miami, Florida, United States | USD 765 M | USD 244.66 M | 953 | |
Electric kick-scooters are rented through an app-based platform. | 2017 | San Francisco, California, United States | USD 1.4 B | – | 2,813 | |
Electric ride-hailing and cab services are provided via mobile app. | 2019 | Mumbai, Maharashtra, India | USD 168.52 M | – | – | |
Shared electric two-wheelers are rented via an online platform. | 2017 | Bengaluru, Karnataka, India | USD 187.54 M | USD 2.14 M | 251 | |
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories | 2013 | Bengaluru, Karnataka, India | USD 502.02 M | USD 391.37 M | 1,917 | |
App-based platform offering electric kick scooter rental services | 2018 | Amsterdam, Netherlands | USD 211.85 M | – | – | |
Utility bill management platform is provided for tracking and billing. | 2015 | London, England, United Kingdom | USD 2.81 B | USD 17.62 K | 5,752 | |
Electric vehicles are manufactured and developed by Polestar. | 1996 | Goteborg, Vastra Gotaland, Sweden | USD 550 M | USD 3.06 B | 2,550 | |
Electric buses and charging systems are manufactured for fleets. | 2004 | Burlingame, California, United States | USD 857.79 M | USD 309.36 M | 418 | |
Multi-category electric vehicles are manufactured for diverse applications. | 1999 | Bedford, United States | USD 101.78 M | – | – |
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Related news about Trakm8
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Frequently Asked Questions about Trakm8
Trakm8 was founded in 2006 and raised its 1st funding round 5 years after it was founded.
Trakm8 is headquartered in Livingston, United Kingdom. It is registered at Livingston, Scotland, United Kingdom.
Trakm8 is a funded company, having raised a total of $1.59M across 6 funding rounds to date. The company's 1st funding round was a Seed of $789.96K, raised on Nov 2011.
Trakm8 has 13 employees.
Annual revenue of Trakm8 is $948.7K as on Mar 31, 2020.
Trakm8 is engaged in providing fleet management and telematics solutions. Services are offered across sectors like field service, home delivery, and long-distance haulage. Fleet route optimisation and planning software is developed to enhance productivity and reduce costs. Telematics systems are provided for real-time tracking and driver behavior insights. Connected car solutions are also delivered to automotive OEMs. Comprehensive tools are included for multi-depot management and electronic proof of delivery.
Trakm8's top competitors include Zap-Map, Connected Kerb and Bonnet.
Trakm8 offers Fleet Route Optimisation and Planning Software, Fleet Telematics, Fleet Dash Cams, and Automotive Telematics Solutions.
Trakm8 has 5 investors. Key investors include Scottish Enterprise, Trakm8, European Union, Clydesdale Bank, and North East Technology Fund.
Trakm8 operates through Trakm8 Holdings Limited.
Yes. Trakm8 was acquired by Trakm8 in December 2015.