Element - About the company
Element is a public company based in Baltimore (United States), founded in 1946. It operates as a Fleet management and maintenance services. Element has raised $125M in funding. The company has 1292 active competitors, including 102 funded and 101 that have exited. Its top competitors include companies like Samsara, Radius and Netradyne.
Company Details
Fleet management and maintenance services. It is a provider of innovative fleet management and maintenance services for corporations and businesses. Their fleet management solutions cover small, medium, and large vehicles and material handling and construction equipment. They also provide maintenance scheduling, financial services, and consulting in the fleet management domain.
- Website
- www.elementfleet.com/
- Social
- Phone Number
- +1 **********
- Registered Address
- Sparks, Maryland
Key Metrics
Founded Year
1946
Location
Baltimore, United States
Stage
Public
Total Funding
$125M in 4 rounds
Latest Funding Round
Investors
Ranked
5th among 1292 active competitors
Employee Count
49 as on May 27, 2025
Exit Details
Public
Legal entities associated with Element
Element is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
ELEMENT VEHICLE MANAGEMENT SERVICES GROUP, LLC CIN: 352441330 , United States, Active | Dec 26, 999 | - | 1492 (As on Dec 31, 2024) | - |
Element Vehicle Management Services Group, LLC CIN: 20101398905 , United States, Active | Jul 16, 2010 | - | - | - |
Element's IPO details
Element got listed on Dec 12, 2011.
Click here to take a look at Element's IPO in detail
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Element's funding and investors
Element has raised a total funding of $125M over 4 rounds. Its first funding round was on Mar 07, 2014. Element has 1 institutional investor.
Here is the list of recent funding rounds of Element:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 27, 2025 | 7509829 | Conventional Debt | 5936305 | 4049750 | 2942982 | 7616901 |
Jan 29, 2025 | 1141065 | Conventional Debt | 3122621 | 8181509 | 2471854 | 1526191 |
Nov 01, 2017 | 1519011 | Conventional Debt | 4572564 | 5790638 | 3619138 | 2378366 |
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Element's founders and board of directors
Founder? Claim ProfileElement's employee count trend
Element has 49 employees as of May 25. Here is Element's employee count trend over the years:
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Element's Competitors and alternates
Top competitors of Element include Samsara, Radius and Netradyne. Here is the list of Top 10 competitors of Element, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Samsara 2015, San Francisco (United States), Public | Platform offering AI-powered and cloud-based vehicle tracking solutions for fleet owners | $915M | 85/100 | |
2nd |  Radius 1990, San Francisco (United States), Acquired | Predictive marketing and sales platform | $333M | 75/100 | |
3rd |  Netradyne 2015, San Diego (United States), Series D | AI‑powered fleet safety and video telematics solutions | $308M | 69/100 | |
4th | Lytx 1998, San Diego (United States), Acquired | Provider of video telematics and fleet management solutions | $153M | 68/100 | |
5th |  Element 1946, Baltimore (United States), Public | Fleet management and maintenance services | $125M | 69/100 | |
6th | Provider of vehicle tracking & fleet management solutions | $3.28M | - | 65/100 | |
7th | Azuga 2013, San Jose (United States), Acquired | Fleet management software and GPS tracking solutions for businesses | - | - | 64/100 |
8th | AI and SaaS-driven telematics-based fleet management solutions | - | - | 64/100 | |
9th |  GoMotive 2013, Seattle (United States), Series F | AI powered fleet management solutions for fleet operators | $717M | 63/100 | |
10th | Spireon 2003, Knoxville (United States), Acquired | Saas-enabled fleet and field service management solutions | $7.71M | - | 62/100 |
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Element's Investments and acquisitions
Element has made 2 investments in companies including Amerit Fleet Solutions and DMG. Element has also acquired 2 companies including Car IQ and Auto Fleet.Here is the list of investments & acquisitions:Filter this list
Filter this listDate of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Dec 02, 2025 | Acquisition | 2016 | San Francisco (United States) | |
Aug 14, 2024 | Acquisition | 2017 | ||
Aug 22, 2018 | Investments | 1999 | Walnut Creek (United States) |
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Here is the latest report on Element's sector:
News related to Element
Filter this listMedia has covered Element for a total of 13 events in the last 1 year, 3 of them have been about company updates and 2 about people movement.
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Element to Acquire Car IQ, Building Vehicle-Initiated Payments PlatformPR Newswire•Dec 02, 2025•Car IQ, Element
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Element Fleet Management shares trends transforming fleet and mobility through 2035GlobeNewswire•Nov 18, 2025•Element
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Element Fleet Management and Motus Announce Strategic PartnershipGlobeNewswire•Aug 05, 2025•Element, Motus, Motus
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