About Fleet Management
The Fleet Management comprises 6.82K companies, including 663 funded companies having collectively raised $11B in venture capital money and private equity. Out of these, 414 are Series A+ funded, and 6 have achieved unicorn status.
Fleet Management sector has seen 270 acquisitions and 45 IPOs. This represents almost 4.6% of all such companies - which is higher than the 4.5% exit rate of tech companies in general.
This sector includes companies providing fleet management solutions to truck operators to manage and optimize their fleet operations.
Fleet Management sector is also known as Fleet Management Solutions, Advanced Fleet Management or Digital Fleet Management.
Companies included in Fleet Management
Companies offering cargo tracking, telematics based fleet management solutions, Route planning, driver safety etc are coveredCompanies excluded in Fleet Management
Companies offering transport management systems and other software solutions for the trucking industry.Top Companies in Fleet Management
There are more than 6.82K companies in Fleet Management. Samsara is the top Fleet Management company globally, ranked using Tracxn Score (what's this?).
Here are 5 of the top Fleet Management companies globally:
Company | Description | Location | Founded | Current Stage | Private Funding Raised |
|---|---|---|---|---|---|
Platform offering AI-powered and cloud-based vehicle tracking solutions for fleet owners | San Francisco (United States) | 2015 | Public | $915M | |
Provider of fleet management software and artificial intelligence safety tools | San Francisco (United States) | 2013 | Series F | $717M | |
Predictive marketing and sales platform | Crewe (United Kingdom) | 1990 | Acquired | $333M | |
Provider of fleet management, employee benefits, and business payment solutions | Portland (United States) | 1983 | Public | - | |
Provider of fleet telematics and management solutions | Austin (United States) | 2004 | Series E | $81.5M |
Companies founded year-on-year in Fleet Management
50 new startups have been founded so far in 2026 in Fleet Management. 460 Fleet Management startups were founded in 2019 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | 50 |
2025 | 17 |
2024 | 103 |
2023 | 167 |
2022 | 230 |
2021 | 379 |
2020 | 445 |
2019 | 460 |
2018 | 433 |
2017 | 457 |
Companies founded across countries in Fleet Management
United States has 1,318 Fleet Management startups, the most by any country, followed by India which has 927 startups and United Kingdom which has 487.
- Total Number of Companies
Country | No. of companies |
|---|---|
United States | 1,318 |
India | 927 |
United Kingdom | 487 |
Brazil | 391 |
Australia | 218 |
Canada | 215 |
Germany | 209 |
South Africa | 168 |
Mexico | 139 |
China | 103 |
Stage-wise distribution of Fleet Management
Out of the total 6,820 Fleet Management companies, 663 have secured funding. Among them, 414 have reached Series A or higher, and 369 to Series B or beyond.
Founded - 6,820
Funded - 663
Series A+ - 414
Series B+ - 369
Series C+ - 348
Company Stage | No. of companies |
|---|---|
Founded | 6,820 |
Funded | 663 |
Series A+ | 414 |
Series B+ | 369 |
Series C+ | 348 |
Want to know more about Fleet Management ? Signup and explore Tracxn for free
- 6.8K+ Total Companies
- $11B+ Total Funding
- 660+ Funded Companies
- 40+ IPOs
- 265+ Acquisitions
Funding Trends in Fleet Management
Total funding year-on-year in Fleet Management
Fleet Management saw a total funding of more than $8.6B in the last 10 years. The most amount of funding was in 2017 at more than $1.86B. There has been a total funding of $150M in 2026 till date.
- Total Funding
Year | Total Funding |
|---|---|
2026 | $150M |
2025 | $947M |
2024 | $303M |
2023 | $417M |
2022 | $584M |
2021 | $979M |
2020 | $1.28B |
2019 | $1.08B |
2018 | $997M |
2017 | $1.86B |
Total funding across countries in Fleet Management
In the last 10 years, Fleet Management startups in United States have recieved the highest funding among all countries - $6.77B. United Kingdom follows with $496M and India with $297M.
- Total Funding
Country | Total Funding |
|---|---|
United States | $6.77B |
United Kingdom | $496M |
India | $297M |
China | $215M |
Brazil | $93.5M |
Canada | $44.8M |
France | $34.4M |
Germany | $25M |
Netherlands | $11.7M |
Australia | $504K |
Total funding amount raised by stage in Fleet Management
Over the last 10 years, Fleet Management have seen $183M into Seed Stage funding rounds, $1.39B into Early Stage funding rounds and $3.53B go into Late Stage funding rounds.
Funding Stage | Total Funding |
|---|---|
Late Stage | $3.53B |
Debt | $1.58B |
Early Stage | $1.39B |
Post IPO | $943M |
PE | $515M |
Seed Stage | $183M |
Grant | $19.3M |
Recent Funding Rounds in Fleet Management
In the year 2026, till July 2026, Fleet Management companies have raised $150M in equity funding across 14 rounds.
In the same period last year (i.e. till July 2025), Fleet Management companies had raised $870M across 22 rounds.
So, 2026 has seen a 82.73% drop in funding in Fleet Management companies as compared to 2025.
Here are some recent, important funding rounds in Fleet Management:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Series A | 8140 | Jul 29, 2026 | ||
Series A | 3190 | Jul 15, 2026 | ||
Seed | 3304 | Jun 17, 2026 | ||
PE | 2570 | Jun 11, 2026 | ||
Series C | 1303 | Jun 10, 2026 | and 2 more |
Top Investors in Fleet Management
Europa is the top investor in Fleet Management companies based on number of companies invested.
Here are some top investors in Fleet Management:
Investor | Location | Top Portfolio Companies |
|---|---|---|
New York City (United States) | ||
Brussels (Belgium) | ||
Menlo Park (United States) | ||
Sunnyvale (United States) |
_1584095064231.png?devicePixelRatio=2&height=20&width=20){kind=logo}
M&A activity in Fleet Management
In the year 2026, till May 2026, 10 acquisitions happened in Fleet Management. Last year, in 2025, a total of 24 acquisitions happened in Fleet Management.
Here are some recent, important acquisitions in Fleet Management:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | May 12, 2026 | ||
Business Acquisition | May 07, 2026 | ||
Business Acquisition | May 05, 2026 | ||
Business Acquisition | May 04, 2026 | ||
Business Acquisition | Apr 29, 2026 |
Acquisition trends in Fleet Management
Here are the acquisition trends in Fleet Management:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | 10 |
2025 | 24 |
2024 | 22 |
2023 | 18 |
2022 | 26 |
2021 | 34 |
2020 | 22 |
2019 | 22 |
2018 | 22 |
2017 | 24 |
IPOs in Fleet Management
In the year 2026, till April 2026, 1 IPO happened in Fleet Management.
Here are some recent, important IPOs in Fleet Management:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Apr 20, 2026 | Taiwan Stock Exchange (TPE) | |
Mar 31, 2025 | Taipei Stock Exchange (TT) | |
May 27, 2024 | Bursa Malaysia (KLSE) | |
Mar 26, 2024 | Johannesburg Stock Exchange (JSE) | |
Apr 18, 2023 | Indonesia Stock Exchange (IDX) |
Colleges which produce the most Fleet Management companies
Companies founded by alumni from top colleges in Fleet Management
Most number of Fleet Management startups have been founded by alumni from Stanford University, Massachusetts Institute of Technology and University of Waterloo.
College | No. of companies |
|---|---|
Stanford University | 11 |
Massachusetts Institute of Technology | 10 |
University of Waterloo | 7 |
IIT Bombay | 6 |
National University of Singapore (NUS) | 6 |
Tel Aviv University | 6 |
BITS Pilani | 5 |
Harvard Business School | 5 |
IIT Kharagpur | 5 |
University of California (Berkeley) | 5 |
Total funding in companies founded by alumni from top colleges in the Fleet Management
In the last 10 years, Stanford University graduates' Fleet Management companies have raised the most funding among top colleges. Massachusetts Institute of Technology alumni are second, and London School of Economics and Political Science alumni are third.
College | Total Funding |
|---|---|
Stanford University | $1.5B |
Massachusetts Institute of Technology | $998M |
London School of Economics and Political Science | $717M |
University of California (Berkeley) | $371M |
Harvard University | $368M |
Harvard Business School | $357M |
University of California (Los Angeles) | $282M |
Duke University | $63.8M |
Carnegie Mellon University | $31.3M |
University of Manchester | $30.1M |
Top News in Fleet Management
•
•
Teletrac Navman Launches Energy Hub for Mixed-Energy FleetsMiningstockeducation•Jul 28, 2026•Teletrac Navman
•
Arnold Clark Charge Partners with Radius EV Network for Expanded UK Charging AccessRenewable Energy Magazine•Jul 27, 2026•Radius, Arnold Clark
•
The Agentic Enterprise Connects AI to Real Business ResultsPYMNTS.com•Jul 21, 2026•FIS, Billtrust, Synchrony, Visa and 4 others
•
WEX DriverDash Integrates with CITGO, Expanding Nationwide Access for FleetsWork Trucks•Jul 15, 2026•CITGO, Wright Express
•
HERE Technologies and JLR Expand Collaboration to Enhance EV Charging ExperienceGlobeNewswire•Jul 14, 2026•HERE
•
HERE Technologies Launches HERE GIS Data Suite as a Data-as-a-Service for Esri UsersGlobeNewswire•Jul 13, 2026•HERE, Esri
•
Fleet Assist to Expand Mobile Service Network to Over 1,200 Units by End of 2026Fleetworld•Jul 13, 2026•Fleet Assist
•
•
