Fleetio

Fleetio

Fleet management software for tracking operations

About Fleetio

Simplify's Rating
Why Fleetio is rated
B-
Rated C on Competitive Edge
Rated B on Growth Potential
Rated B on Rating Differentiation

Industries

Automotive & Transportation

Enterprise Software

Company Size

201-500

Company Stage

Series C

Total Funding

$165.3M

Headquarters

Birmingham, Alabama

Founded

2012

Overview

Fleetio provides fleet management software that helps organizations track, analyze, and improve their fleet operations. The software allows users to manage vehicles, equipment, parts, and operators through a subscription-based model. Fleetio's platform is designed to be user-friendly and collaborative, enabling clients to efficiently monitor their assets and streamline operations. Unlike many competitors, Fleetio focuses on continuous enhancements to meet the changing needs of its diverse clientele, which includes both small businesses and large enterprises across over 80 countries. The goal of Fleetio is to improve operational efficiency for its users by simplifying the complexities of fleet management.

Simplify Jobs

Simplify's Take

What believers are saying

  • Integration with AI-driven predictive maintenance tools can reduce downtime and costs.
  • The rise of electric vehicles presents opportunities for specialized software solutions.
  • Increasing telematics adoption allows Fleetio to offer advanced data analytics and monitoring.

What critics are saying

  • Increased competition from companies like Nayax could challenge Fleetio's market share.
  • Rapid innovation in B2B payments may require constant updates to Fleetio's capabilities.
  • Partnerships with telematics companies may pose integration challenges if not executed smoothly.

What makes Fleetio unique

  • Fleetio offers comprehensive fleet management with a focus on simplicity and collaboration.
  • The platform supports global clients, managing hundreds of thousands of assets efficiently.
  • Fleetio's subscription-based model ensures continuous software enhancements for evolving user needs.

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Funding

Total Funding

$165.3M

Above

Industry Average

Funded Over

4 Rounds

Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Above Average

Industry standards

$50M
$50M
Medium
$62M
SeatGeek
$100M
Oura
$144.7M
Fleetio

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
CCJ Digital
Jan 14th, 2025
A safety-focused video telematics solution, a fleet optimization platform's new features and more

Fleetio also introduced Service Program Automation to simplify the creation of complex service schedules based on odometer readings, engine hours or calendar dates.

PYMNTS
Dec 30th, 2024
Nayax To Deploy Fuel Management System Across Tesco’S Uk Delivery Fleet

Nayax will deploy its fuel management system, EasyFuelPlus, across the U.K. delivery fleet of grocery and general merchandise retailer Tesco. EasyFuelPlus reduces waste by dispensing the exact fuel grade and volume needed for each vehicle, tracks fuel efficiency by collecting odometer and engine hour data, reduces unauthorized usage by enhancing security, and delivers real-time insights for operators, Nayax said in a Monday (Dec. 30) press release. The fuel management system will be deployed across 14 Tesco distribution centers and more than 5,000 vehicles by 2026, according to the release

PYMNTS
Dec 30th, 2024
Nayax To Deploy Fuel Management System Across Tesco'S Uk Delivery Fleet

Nayax will deploy its fuel management system, EasyFuelPlus, across the U.K. delivery fleet of grocery and general merchandise retailer Tesco. EasyFuelPlus reduces waste by dispensing the exact fuel grade and volume needed for each vehicle, tracks fuel efficiency by collecting odometer and engine hour data, reduces unauthorized usage by enhancing security, and delivers real-time insights for operators, Nayax said in a Monday (Dec. 30) press release. The fuel management system will be deployed across 14 Tesco distribution centers and more than 5,000 vehicles by 2026, according to the release

GlobeNewswire
Dec 3rd, 2024
Fleetio Launches Annual Jump Start Initiative to Benefit Charitable Organizations, Donates Free Subscription to Shake-A-Leg Miami

Fleetio launches annual Jump Start Initiative to benefit charitable organizations, donates free subscription to Shake-A-Leg Miami.

Police1
Oct 16th, 2024
Fleetio partners with Razor Tracking to enhance vehicle and asset management

BIRMINGHAM, Ala. - Fleetio, the leading fleet optimization company, today announced a new partnership with Razor Tracking, a fleet telematics software company.

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