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Industries
Automotive & Transportation
Enterprise Software
Company Size
201-500
Company Stage
Series D
Total Funding
$620M
Headquarters
Birmingham, Alabama
Founded
2012
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 in a streamlined manner. It operates on a subscription-based model, generating revenue through software licenses. Fleetio's platform is designed to be user-friendly and collaborative, making it easier for clients to manage their assets effectively. Unlike many competitors, Fleetio focuses on continuous enhancements to meet the changing needs of its users. The goal of Fleetio is to help businesses of all sizes improve their operational efficiency and manage their fleets more effectively.
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Total Funding
$620M
Above
Industry Average
Funded Over
5 Rounds
Industry standards
MINNEAPOLIS, April 10, 2025 /PRNewswire/ -- Utilimarc, a leader in fleet analytics and technology solutions, is excited to announce its strategic partnership with Fleetio, the premier fleet optimization platform. As part of Utilimarc's expanding fleet technology offerings, Fleetio's innovative maintenance software will enhance how fleet leaders manage operations, track performance, and increase efficiency in a rapidly evolving industry.Utilimarc has built a reputation for delivering actionable insights and tailored solutions that empower fleets to make smarter, data-driven decisions. Through this partnership, Fleetio will become a key component of Utilimarc's ecosystem, offering customers access to advanced fleet management tools that complement Utilimarc's analytics expertise. Utilimarc's industry knowledge and support will help fleet leaders adopt Fleetio's platform effectively, ensuring they maximize its value within their operations.This partnership allows us to offer a seamless solution that integrates analytics with day-to-day fleet management. Post thisFleetio's scalable, cloud-based solution provides a strong foundation to streamline and manage fleet operations. Utilimarc supports fleets in leveraging this technology by guiding implementation, integrating maintenance insights into broader strategies, and ensuring seamless adoption
Comprehensive Technology Ecosystem: Fleetio's fleet optimization platform integrated with Utilimarc's analytics tools creates a unified solution for managing operations and deriving insights.
Fleetio has raised over $450 million in a Series D round to acquire Auto Integrate, creating a comprehensive fleet maintenance ecosystem valued at over $1.5 billion. The acquisition will serve 8 million vehicles across 110,000+ repair shops in North America. The combined platform aims to enhance fleet maintenance efficiency and reduce vehicle downtime. The funding round was co-led by Elephant and Growth Equity at Goldman Sachs Alternatives.
Fleetio, a software firm that helps companies manage their vehicle fleets, has raised $450 million in late-stage venture funding to help finance a takeover of maintenance-authorization platform Auto Integrate.
Auto Integrate's software, which enables repair shops to electronically submit repair orders for approval, will fully integrate with Fleetio's platform, according to the release.
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Industries
Automotive & Transportation
Enterprise Software
Company Size
201-500
Company Stage
Series D
Total Funding
$620M
Headquarters
Birmingham, Alabama
Founded
2012
Find jobs on Simplify and start your career today
Discover companies similar to Fleetio