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§ Private Profile · San Jose, CA, USA
A big data fleet management solution providing GPS tracking, ELD/HOS compliance, and telematics for optimizing vehicle and driver operations.
Based in Silicon Valley, California, FleetUp provides a big data fleet management and telematics platform that offers GPS tracking, geofencing, and compliance solutions for the commercial transportation industry. The organization operates a subscription software business model designed to help commercial fleets optimize their daily vehicle operations, monitor driver safety, and maintain strict compliance with federal electronic logging device mandates. Operating with a corporate workforce of approximately 175 employees under executives like former chief executive officer Albert Son, the enterprise has successfully raised $20 million in venture capital funding to support its North American market expansion. FleetUp is backed by corporate investor HUMAX and serves a diverse range of organizations across the logistics sector, including specialized non-profit clients such as the Aimee Copeland Foundation. The telematics company was officially founded in 2013 by entrepreneur Ezra Kwak.
FleetUp has raised $25.0M across 2 funding rounds.
FleetUp has raised $25.0M in total across 2 funding rounds.
FleetUp has raised $25.0M in total across 2 funding rounds.
FleetUp's investors include HUMAX.
FleetUp has raised $25.0M across 2 funding rounds. Most recently, it raised $20.0M Other Equity in February 2018.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Feb 28, 2018 | $20M Venture Round | Humax | — | Announced |
| Apr 11, 2017 | $5M Series B | Humax | — | Announced |