Platform Science

Platform Science

Provides fleet management and telematics solutions

About Platform Science

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

Industries

Automotive & Transportation

Enterprise Software

Company Size

501-1,000

Company Stage

Late Stage VC

Total Funding

$359.9M

Headquarters

San Diego, California

Founded

2015

Overview

Platform Science offers a configurable open platform for the transportation industry, focusing on modern telematics and fleet management solutions. Their products include a connected vehicle platform, mobile device management, and a fleet management portal, which help large fleet operators transition from outdated systems to more advanced technology. These tools enable operators to manage mobile devices and applications, monitor performance, and streamline daily operations through a single portal that includes data, safety, and maintenance solutions. Unlike competitors, Platform Science emphasizes ease of use and quick deployment, making it accessible for clients. The goal is to enhance efficiency, improve the driver experience, and ensure that fleet operations are prepared for future advancements.

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Simplify's Take

What believers are saying

  • Platform Science raised $125 million to accelerate innovation in commercial transportation.
  • Partnerships with companies like MapUp and Nemodata enhance Platform Science's service offerings.
  • The expansion of 5G networks boosts connectivity for Platform Science's IoT devices.

What critics are saying

  • Increased competition in fleet management technology could pressure Platform Science to innovate rapidly.
  • Reliance on strategic partnerships may pose risks if partners face challenges or underperform.
  • Rapid technological advancements may require continuous updates, straining Platform Science's resources.

What makes Platform Science unique

  • Platform Science offers a configurable open platform for modern telematics and fleet management.
  • The company partners with OEMs to integrate software directly into vehicles, enhancing functionality.
  • Platform Science's platform is designed to be user-friendly and ready to use out of the box.

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Funding

Total Funding

$359.9M

Above

Industry Average

Funded Over

6 Rounds

Notable Investors:
Late VC funding comparison data is currently unavailable. We're working to provide this information soon!
Late VC Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Retirement Plan

401(k) Company Match

Paid Vacation

Paid Sick Leave

Paid Holidays

Parental Leave

Growth & Insights and Company News

Headcount

6 month growth

-24%

1 year growth

-24%

2 year growth

-22%
Automotive World
Mar 27th, 2025
Platform Science partners with MapUp to revolutionize toll management for fleets

Platform Science, the leading edge application platform for transportation, today announced a strategic partnership with MapUp, a leading provider of software-defined fuel and toll solutions.

Business Wire
Aug 28th, 2024
Platform Science Achieves ISO 27001 Certification

Platform Science was named by Fast Company as one of the World's Most Innovative Companies and has twice been ranked #2 in the FreightTech 25 Awards by industry news leader FreightWaves.

Fortune
Apr 10th, 2024
Exclusive: Inside Wiz's acquisition of Gem Security

Exclusive: inside Wiz's acquisition of Gem Security.

Business Wire
Apr 10th, 2024
Platform Science Raises $125 Million in Growth Capital

Platform Science, the leading edge application platform for transportation, announced today that it raised $125 million in growth capital to accelerat

Business Wire
Apr 9th, 2024
Platform Science Raises $125 Million In Growth Capital

SAN DIEGO--(BUSINESS WIRE)--Platform Science, the leading edge application platform for transportation, announced today that it raised $125 million in growth capital to accelerate innovation in the commercial transportation sector. Key strategic investors included C.R. England, Cummins, Daimler Truck, PACCAR, RyderVentures, and Schneider. New financial investors included Activant Capital, BDT MSD Partners, and Manhattan Venture Partners. Platform Science also had strong participation from existing investors, including 8VC, NewRoad Capital Partners, and Prologis Ventures, underscoring their commitment to the company’s growth plans. “By including our software as a native component of the vehicle, we’re making it as easy for developers to build applications for drivers and fleets as it is to build them for smartphones

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