About Vehco
Vehco is a Transportation, Automotive & Logistics company based in Goteborg (Sweden) founded in 2001, and was acquired by AddSecure in May 2018. Integrated solutions for fleet management and telematics are offered. Vehco has completed 3 acquisitions, including ELOMOBILE, Groeneveld ICT Solutions and Paetronics. Its focus areas include Consumer, Logistics Tech, Freight and Trucking.
Company details
Founded in 2001 in Gothenburg, Sweden, integrated hardware and software solutions for fleet management and vehicle telematics are provided to the logistics and transportation sectors. Asset trackers, tachometry black-boxes, and a web-based management platform form the core of the offering. Functionalities include ignition alerts, tachometer analytics, geofencing, task allotment, route planning, temperature monitoring, real-time location tracking, reports, electronic driver logging, and navigation. Mobile applications for drivers are also included.
Investors in Vehco
Vehco has secured backing from 1 investor. Prominent investors backing the company include AddSecure.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Critical communication solutions are provided for alarms and IoT. | 2000 | addsecure.com | Stockholm, Sweden |
Investor details for Vehco
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Investments & Acquisitions by Vehco
Vehco has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include ELOMOBILE, Groeneveld ICT Solutions and Paetronics.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Automotive navigation systems are manufactured, supplied, and exported by Paetronics. | paetronics.fi | Helsinki, Finland | 1997 | Feb 2019 | •••• | |
IoT-based fleet management solutions are provided for tracking and efficiency. | groeneveldictsolutions.com | Boston, United Kingdom | 1989 | Aug 2018 | •••• | |
Cloud-based solutions for end-to-end fleet management are provided. | elomobile.com | Brest, France | 2006 | Mar 2011 | •••• |
Complete acquisition details for Vehco
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Timeline of Vehco
5 dated milestones of Vehco across 18 years, from founding to its latest funding, stage changes and deals.
- Founded Vehco is founded.
- Acquisition Acquires ELOMOBILE.
- Exit Acquired by AddSecure.
- Acquisition Acquires Groeneveld ICT Solutions.
- Acquisition Acquires Paetronics.
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Frequently Asked Questions about Vehco
Vehco was founded in 2001.
Vehco is headquartered in Goteborg, Sweden. It is registered at Goteborg, Vastra Gotaland, Sweden.
Founded in 2001 in Gothenburg, Sweden, integrated hardware and software solutions for fleet management and vehicle telematics are provided to the logistics and transportation sectors. Asset trackers, tachometry black-boxes, and a web-based management platform form the core of the offering. Functionalities include ignition alerts, tachometer analytics, geofencing, task allotment, route planning, temperature monitoring, real-time location tracking, reports, electronic driver logging, and navigation. Mobile applications for drivers are also included.
Vehco has made 3 acquisitions, including ELOMOBILE, Groeneveld ICT Solutions, and Paetronics.
Vehco has 1 investor. Key investors include AddSecure.
Yes. Vehco was acquired by AddSecure in May 2018.