Platform Science

Platform Science

Configurable platform for fleet management solutions

About

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platform, mobile device management, and a fleet management portal, which help large fleet operators transition from outdated systems to more advanced technology.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 features. Unlike competitors, Platform Science emphasizes ease of use and quick deployment, making it accessible for fleet operators. The goal is to enhance efficiency, improve the driver experience, and ensure that fleet operations are prepared for future advancements.

Company Stage

N/A

Employees

201-500

Industries

Automotive & Transportation, Enterprise Software

Total Funding

$350.1M

Headquarters

N/A

Founded

2015


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Simplify's Take

What believers are saying

  • The recent $125 million growth capital raise positions Platform Science for accelerated innovation and expansion.
  • Partnerships with major industry players like Averitt and Cheema Freightlines highlight the company's growing influence in the transportation sector.
  • Recognition by Fast Company as one of the World's Most Innovative Companies underscores Platform Science's commitment to cutting-edge solutions.

What critics are saying

  • The competitive landscape in fleet management technology is intense, requiring continuous innovation to maintain a leading position.
  • Dependence on large fleet operators means that economic downturns affecting these clients could impact Platform Science's revenue.

What makes Platform Science unique

  • Platform Science offers a highly configurable open platform that integrates seamlessly with existing fleet systems, unlike many competitors who offer more rigid solutions.
  • The company's focus on future-proofing telematics capabilities ensures long-term value for clients, setting it apart from competitors who may not prioritize adaptability.
  • Strategic partnerships with industry giants like Daimler Truck and Cummins enhance Platform Science's credibility and market reach.

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Growth & Insights
Headcount

6 month growth

-1%

1 year growth

-18%

2 year growth

-4%

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