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§ Private Profile · 9620 Towne Centre Dr Ste 100 San Diego, California 92121, USA
Platform Science is a company.
Platform Science has raised $308.0M across 5 funding rounds.
Key people at Platform Science.
Platform Science has raised $308.0M in total across 5 funding rounds.
Platform Science builds a comprehensive fleet management platform, offering a connected vehicle solution for commercial transportation. This system integrates telematics, IoT, and enterprise software into a unified operational environment. It delivers real-time data insights, compliance management, productivity tools, and safety features through integrated driver and back-office applications.
Founded in 2015 by Jack Kennedy and Jake Fields, Platform Science stemmed from recognizing inefficiencies within commercial transportation. Kennedy, from Qualcomm Enterprise Services, understood the critical need for a smarter, integrated fleet management approach. Their vision was to create an open, flexible platform, driving efficiency and innovation for fleets.
The company serves large commercial trucking and logistics providers, enabling them to optimize operations and enhance driver experiences. Platform Science's vision focuses on advancing transportation intelligence by transforming how fleets manage and utilize data. This aims to improve safety, efficiency, and regulatory adherence, preparing clients for future demands.
Key people at Platform Science.
Platform Science is a San Diego-based SaaS company founded in 2015 that builds a unified fleet management platform connecting commercial vehicles, mobile devices, and apps to optimize transportation operations.[1][4][6] It serves trucking fleets and logistics providers by solving inefficiencies in data management, driver experience, compliance, and telematics through scalable, real-time tools like ELD solutions, workflow automation, and an open app ecosystem.[1][6][7] The platform has demonstrated strong growth, with over 100 million miles tracked, revenue between $50M-$100M, 1,001-5,000 employees, and backing from investors like 8VC, positioning it to disrupt the $20B fleet management and $10T logistics markets.[1][2][4]
Platform Science was co-founded in 2015 by Jack Kennedy (CEO) and Jake Fields (CTO), along with CFO Greg Ivancich, starting from their San Diego headquarters at 9560 Towne Centre Dr.[1][4] The idea emerged from recognizing the need to "make transportation smart" by integrating fragmented vehicle tech, mobile apps, and fleet data into a single platform, addressing pain points in an industry ripe for digital transformation.[1][6] Early traction came from nationwide fleet connections and partnerships with supply chain leaders, achieving year-over-year success and over 100 million miles of data within years of launch, fueled by venture capital and collaborative development.[1][2]
Platform Science rides the wave of telematics and IoT convergence in logistics, where real-time data analytics address rising demands for efficiency amid supply chain disruptions, driver shortages, and regulatory pressures like FMCSA compliance.[1][6][7] Timing is ideal as the $20B fleet management sector shifts to SaaS and open platforms, with EV adoption and ESG mandates accelerating—Platform Science's tools for idling reduction, mileage optimization, and electric fleet support capitalize on these forces.[1][3] It influences the ecosystem by fostering an open developer environment, enabling rapid innovation and safer roads through partnerships that scale solutions across North America.[5]
Platform Science is poised for expansion in EV infrastructure, AI-driven predictive maintenance, and global logistics as fleets prioritize sustainability and autonomy.[3] Trends like zero-emission mandates and advanced safety tech will propel its ecosystem, potentially capturing more of the $10T logistics space through deeper OEM integrations and data monetization.[1] Its influence will grow by empowering fleets to innovate collaboratively, solidifying its role as the connective backbone of smart transportation—building on a decade of momentum to keep trucks rolling smarter and greener.
Platform Science has raised $308.0M in total across 5 funding rounds.
Platform Science's investors include 8VC, Activant Capital, C.R. England, Cummins, Daimler Truck, Manhattan Venture Partners, Dan Bitar, NewRoad Capital Partners, PACCAR, Prologis Ventures, RyderVentures, Schneider Electric.
Platform Science has raised $308.0M across 5 funding rounds. Most recently, it raised $125.0M Other Equity in April 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Apr 9, 2024 | $125M Venture Round | — | 8VC, Activant Capital, C.R. England, Cummins, Daimler Truck, Manhattan Venture Partners, DAN Bitar, NewRoad Capital Partners, PACCAR, Prologis Ventures, RyderVentures, Schneider Electric | Announced |
| Feb 3, 2022 | $115M Series C | SoftBank Vision Fund 2 | 8VC, Chimera, Daimler, Four More Capital, Next Play Ventures, Prologis Ventures | Announced |
| May 1, 2020 | $54M Series B | — | 9Yards Capital, Chemistry VC, Electric Capital, General Catalyst, JOE Kraus, Kleiner Perkins, Moderne Ventures, Nyca Partners, Schematic Ventures, SignalFire, Unpopular Ventures, Alex Rodriguez, Louis Beryl | Announced |
| Jul 1, 2018 | $10M Series A | — | JOE Kraus, Schematic Ventures, SignalFire | Announced |
| Dec 1, 2017 | $4M Series A | — | JOE Kraus, Schematic Ventures, SignalFire | Announced |