Ctrack - About the company
Ctrack is an acquired company based in Centurion (South Africa), founded in 1985. It operates as a Provider of telematics solutions for fleet management and operational optimisation. Ctrack has raised $23.4M in funding from Sanari Capital. The company has 89 active competitors, including 3 funded and 10 that have exited. Its top competitors include companies like Lytx, Naked and Webfleet.
Company Details
Provider of telematics solutions for fleet management and operational optimisation. The company delivers tools for real-time monitoring, performance analytics, and driver management. It offers solutions for fixed and mobile asset tracking, fuel monitoring, and video telematics. The company provides services to industries including transport, mining, agriculture, and government.
- Website
- ctrack.com
- Email ID
- *****@ctrack.co.za
- Phone Number
- +27 **********
Key Metrics
Founded Year
1985
Location
Centurion, South Africa
Stage
Acquired
Total Funding
$23.4M in 1 round
Latest Funding Round
Investors
Ranked
4th among 89 active competitors
Employee Count
1,001 - 5,000 as on Jul 01, 2024
Exit Details
Acquired by Convergence Partners (Feb 21, 2021)
Ctrack's acquisition details
Ctrack got acquired by Convergence Partners on Feb 21, 2021.
Click here to take a look at Ctrack's acquisition in detail
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Ctrack's funding and investors
Ctrack has raised a total funding of $23.4M over 1 round. Its latest funding round was a Series B round on Oct 09, 2025 for $*****. 1 investor participated in its latest round. Ctrack has 4 institutional investors.
Here is the list of recent funding rounds of Ctrack:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 09, 2025 | 4818566 | Series B | 4351361 | 7392983 | 1778063 | 8094414 |
View details of Ctrack's funding rounds and investors
Ctrack's founders and board of directors
Founder? Claim ProfileCtrack's employee count trend
Ctrack has 1,001 - 5,000 employees as of Jul 24. Here is Ctrack's employee count trend over the years:
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Ctrack's Competitors and alternates
Top competitors of Ctrack include Lytx, Naked and Webfleet. Here is the list of Top 10 competitors of Ctrack, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Lytx 1998, San Diego (United States), Acquired | Provider of video telematics and fleet management solutions | $153M | 66/100 | |
2nd | Naked 2016, Johannesburg (South Africa), Series B | AI-driven app that provides usage-based car insurance | $69.8M | 66/100 | |
3rd | Webfleet 1991, Amsterdam (Netherlands), Unfunded | Provider of cloud-based fleet management software | - | - | 62/100 |
4th | Ctrack 1985, Centurion (South Africa), Acquired | Provider of telematics solutions for fleet management and operational optimisation | $23.4M | 59/100 | |
5th | PowerFleet 2008, Woodcliff Lake (United States), Public | Provider of telematics based fleet management solutions | $50M | 55/100 | |
6th | IntelliShift 2002, Commack (United States), Late Stage | Provider of cloud-based end-to-end fleet management solutions | $70M | 53/100 | |
7th | Netstar 1994, Midrand (South Africa), Funding Raised | Integrated fleet management & vehicle tracking solutions | - | 51/100 | |
8th | Vontier 2020, Raleigh (United States), Public | Developer of AI and SaaS-enabled end-to-end fleet and mobility management solutions | - | 49/100 | |
9th | MachineMax 2018, London (United Kingdom), Acquired | Cloud-based revolutionary equipment management platform | $4.1M | 46/100 | |
10th | Connexas 2013, Northampton (United Kingdom), Acquired | Provider of fleet management & vehicle telemetry solutions | - | 41/100 |
Looking for more details on Ctrack's competitors? Click here to see the top ones
Ctrack's Investments and acquisitions
Ctrack has made no investments or acquisitions yet.
Reports related to Ctrack
Here is the latest report on Ctrack's sector:
News related to Ctrack
Media has covered Ctrack for a total of 5 events in the last 1 year, 2 of them have been about company updates and 1 about partnerships.
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Ctrack Debuts Next-Gen AI Software Platform for Intelligent Fleet and Asset ManagementFleetworld•Mar 18, 2026•Ctrack
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South Africa's Ctrack Secures $23.4M Funding for Expansion & InnovationTechawkng•Oct 09, 2025•Inseego, Ctrack, , Sanari Capital and 1 other
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Ctrack Secures $23.4M in Funding Led by Sanari Capital and 27four for ExpansionInnovation-village•Sep 22, 2025•27four Investment Managers, Inseego, Converge, Ctrack and 1 other
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Ctrack and Artura Partner for Telematics-Enabled Accident Repair SolutionFleetworld•Apr 29, 2025•Ctrack, Artura Consultancy Ltd
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Ctrack closes acquisition of Inseego global telematics businessFleetworld•Dec 03, 2024•Ctrack, Inseego
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Fieldfisher advises Ctrack Africa on acquisition of Inseego’s telematics businessPresseBox•Sep 25, 2024•Inseego, Ctrack
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Inseego sells its telematics business for $52MSeeking Alpha•Sep 16, 2024•Inseego, Convergence Partners, Ctrack
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Ctrack partners with FLS to boost field service fleet operationsFleet Europe•Jun 07, 2022•Ctrack, FLS
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