Which countries have the most Telematics Based Fleet Management companies?

United States (355) has the highest number of Telematics Based Fleet Management companies, followed by India (196) and United Kingdom (183).

Which company has raised the most funding in Telematics Based Fleet Management sector?

As of Sep 2026, Motive has secured $567M in funding, making it the highest-funded company in the Telematics Based Fleet Management sector.

Which country has attracted the most investment in Telematics Based Fleet Management companies?

With $4.08B in total funding, United States has attracted the most investment among Telematics Based Fleet Management companies.

How much venture capital has Telematics Based Fleet Management sector attracted?

In the last 10 years, venture capital firms have invested $2.62B in this sector.

How many unicorns has Telematics Based Fleet Management sector produced?

Globally, there are 3 unicorns in Telematics Based Fleet Management sector, to date.

Telematics Based Fleet Management - 2026 Market & Investments Trends

Q: How many total Telematics Based Fleet Management companies are there?

As of Sep 2026, there are 1,516 active companies in Telematics Based Fleet Management sector.

Q: How many Telematics Based Fleet Management companies are funded?

As of Sep 2026, 278 companies in this sector have received funding.

Q: Who are the top investors in Telematics Based Fleet Management companies?

The top investors in Telematics Based Fleet Management companies by number of investments are Europa, Beenext and Andreessen Horowitz

Companies included in Telematics Based Fleet Management

Companies providing telematics-based fleet management solutions for a fleet of connected vehicles for real-time diagnostics, to improve the safety of drivers & vehicles, enhance performance, and reduce costs. Telematics solutions for fleet management would include real-time tracking of vehicles, driving behavior analysis, geo-fencing, etc.

Companies excluded in Telematics Based Fleet Management

Companies providing fleet management solutions for a fleet of connected vehicle with the help of software or app are excluded

Key Metrics

Total Companies

1.71K

Top Companies

Samsara, Motive & more

Total Funding

Funded Companies

Series A+ Companies

Series C+ Companies

Unicorns Created

IPOs

Acquisitions

104

Also known as

Telematics Based Fleet Management Solutions or Advanced Telematics Based Fleet Management

View complete details of this sector

There are more than 1.71K companies in Telematics Based Fleet Management. Samsara is the top Telematics Based Fleet Management company globally, ranked using Tracxn Score (what's this?).

Here are 5 of the top Telematics Based Fleet Management companies globally:

Company	Description	Location	Founded	Current Stage	Private Funding Raised
Samsara	Platform offering AI-powered and cloud-based vehicle tracking solutions for fleet owners	San Francisco (United States)	2015	Public	$915M
Motive	Developer of fleet management software and hardware for vehicle tracking	San Francisco (United States)	2013	Series F	$567M
Radius	Predictive marketing and sales platform	Crewe (United Kingdom)	1990	Acquired	$333M
GreenRoad	Provider of fleet telematics and management solutions	Austin (United States)	2004	Series E	$81.5M
Element	Fleet management and maintenance services	Baltimore (United States)	1946	Public	$125M

Get a longer list of companies

Companies founded year-on-year in Telematics Based Fleet Management

23 new startups have been founded so far in 2026 in Telematics Based Fleet Management. 109 Telematics Based 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	23
2025	18
2024	16
2023	16
2022	32
2021	55
2020	81
2019	109
2018	104
2017	97

Companies founded across countries in Telematics Based Fleet Management

United States has 355 Telematics Based Fleet Management startups, the most by any country, followed by India which has 196 startups and United Kingdom which has 183.

Total Number of Companies

Country	No. of companies
United States	355
India	196
United Kingdom	183
Germany	107
Brazil	58
Australia	50
Canada	46
China	43
France	35
South Africa	34

Stage-wise distribution of Telematics Based Fleet Management

Out of the total 1,714 Telematics Based Fleet Management companies, 278 have secured funding. Among them, 191 have reached Series A or higher, and 171 to Series B or beyond.

Founded - 1,714

Funded - 278

Series A+ - 191

Series B+ - 171

Series C+ - 159

Company Stage	No. of companies
Founded	1,714
Funded	278
Series A+	191
Series B+	171
Series C+	159

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1.7K+ Total Companies
$6.68B+ Total Funding
275+ Funded Companies
35+ IPOs
100+ Acquisitions

Total funding year-on-year in Telematics Based Fleet Management

Telematics Based Fleet Management saw a total funding of more than $5.1B in the last 10 years. The most amount of funding was in 2017 at more than $1.37B. There has been a total funding of $113M in 2026 till date.

Total Funding

Year	Total Funding
2026	$113M
2025	$290M
2024	$234M
2023	$159M
2022	$426M
2021	$512M
2020	$667M
2019	$611M
2018	$717M
2017	$1.37B

Total funding across countries in Telematics Based Fleet Management

In the last 10 years, Telematics Based Fleet Management startups in United States have recieved the highest funding among all countries - $4.08B. United Kingdom follows with $392M and India with $207M.

Total Funding

Country	Total Funding
United States	$4.08B
United Kingdom	$392M
India	$207M
Germany	$56.1M
France	$42.4M
Canada	$31.8M
South Korea	$29.3M
China	$25.1M
Netherlands	$8.34M
Italy	$6.92M

Total funding amount raised by stage in Telematics Based Fleet Management

Over the last 10 years, Telematics Based Fleet Management have seen $69.5M into Seed Stage funding rounds, $702M into Early Stage funding rounds and $2.05B go into Late Stage funding rounds.

Funding Stage	Total Funding
Late Stage	$2.05B
Debt	$1.16B
Early Stage	$702M
Post IPO	$554M
PE	$436M
Seed Stage	$69.5M
Grant	$5.47M

Recent Funding Rounds in Telematics Based Fleet Management

In the year 2026, till July 2026, Telematics Based Fleet Management companies have raised $113M in equity funding across 8 rounds. In the same period last year (i.e. till June 2025), Telematics Based Fleet Management companies had raised $157M across 9 rounds. So, 2026 has seen a 28.16% drop in funding in Telematics Based Fleet Management companies as compared to 2025.

Here are some recent, important funding rounds in Telematics Based Fleet Management:

Company	Round Raised	Amount Raised	Funding Date	Investors
Terminal	Series A	3450	Jul 29, 2026	Penske and 4 more
CameraMatics	Series C	8861	Jun 10, 2026	Blume Equity and 2 more
Nexular	Seed	5897	Mar 2026	Eight Plus Ventures and 2 more
Six Sense Mobility	Seed	4955	Feb 13, 2026	Ashish Kacholia and 1 more
BillionE Mobility	Series A	3559	Jan 21, 2026	Gandhi Securities & Investment and 6 more

See a more detailed list of funding rounds

Europa is the top investor in Telematics Based Fleet Management companies based on number of companies invested.

Here are some top investors in Telematics Based Fleet Management:

Investor	Location	Top Portfolio Companies
Europa	Belgium	Verizon Connect, Quartix, Comodule and Vulog
Beenext	Singapore (Singapore)	LightMetrics, Fleetx and NAYAN
Andreessen Horowitz	New York City (United States)	Samsara and Local Motion
Ben Franklin Technology Partners	State College (United States)	Prova Systems
Google Ventures	San Francisco (United States)	Motive

See a more detailed list of investors

In the year 2026, till May 2026, 1 acquisition happened in Telematics Based Fleet Management. Last year, in 2025, a total of 7 acquisitions happened in Telematics Based Fleet Management.

Here are some recent, important acquisitions in Telematics Based Fleet Management:

Company	Acquisition Type	Acquisition Date	Acquirers
Moove Connected Mobility	Business Acquisition	May 05, 2026	Netradyne
Meight	Business Acquisition	Nov 18, 2025	Mondevo Group
YellowFox	Business Acquisition	Nov 04, 2025	Petermoehrle
Trackunit	Business Acquisition	Jun 18, 2025	Goldman Sachs
Trakm8	Business Acquisition	May 01, 2025	-

See a more detailed list of acquisitions

Acquisition trends in Telematics Based Fleet Management

Here are the acquisition trends in Telematics Based Fleet Management:

Total Number of Acquisitions

Year	No. of companies
2026	1
2025	7
2024	7
2023	10
2022	10
2021	20
2020	16
2019	9
2018	11
2017	6

In the year 2026, till April 2026, 1 IPO happened in Telematics Based Fleet Management.

Here are some recent, important IPOs in Telematics Based Fleet Management:

Company	IPO Date	Exchange Symbol
Mitac Digital	Apr 20, 2026	Taiwan Stock Exchange (TPE)
Predictiv AI	Dec 22, 2025	Canadian Securities Exchange (CSE)
Mitac Digital	Mar 31, 2025	Taipei Stock Exchange (TT)
PowerFleet	Mar 26, 2024	Johannesburg Stock Exchange (JSE)
SmartDrive	Dec 15, 2022	Tokyo Stock Exchange (TSE)

See a more detailed list of IPOs

Companies founded by alumni from top colleges in Telematics Based Fleet Management

Most number of Telematics Based Fleet Management startups have been founded by alumni from Stanford University, Harvard Business School and IIT Delhi.

College	No. of companies
Stanford University	7
Harvard Business School	4
IIT Delhi	4
Harvard University	3
IIT Guwahati	3
IIT Kharagpur	3
Massachusetts Institute of Technology	3
University of California (Berkeley)	3
University of California (Los Angeles)	3
Columbia University	2

Total funding in companies founded by alumni from top colleges in the Telematics Based Fleet Management

In the last 10 years, Stanford University graduates' Telematics Based 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	$1.3B
Massachusetts Institute of Technology	$927M
London School of Economics and Political Science	$570M
Harvard University	$368M
Harvard Business School	$357M
University of California (Berkeley)	$341M
Duke University	$63.8M
Technion Israel Institute Technology	$35.4M
Tel Aviv University	$35.4M
Nanyang Technological University (NTU)	$26.3M