AutoFleet

Optimization Platform for Fleets

Automotive & Mobility Technologies
Acquired by Element Fleet Management on Aug, 2024
Acquired Tel Aviv-Yafo Founded 2017
Total raised
$29.5M
Last: Series B 2021-10
Stage
Acquired
Founded
2017
Headcount
108
HQ
Tel Aviv-Yafo
Sector
Automotive & Mobility Technologies

About

Autofleet provides solutions designed to optimize operations for fleets and mobility operators, enabling the enhancement of existing operations and the initiation of new on-demand passenger and logistics services. The company’s platform helps fleets maximize their utilization and revenues, reducing downtime and introducing new mobility services. Operating globally, Autofleet contributes to the optimization of numerous vehicles and a substantial volume of monthly rides for mobility operators across a variety of verticals, including taxis and rideshares, delivery services, shared mobility operators, rentals, and OEMs.

Funding history · 3 rounds · $29.5M total

2021-10
Series B $20.0M
2020-04
Series A $7.5M
2018-03
Seed $2.0M

Company Intelligence Q&A

Structured intelligence from startupim data — optimized for AI retrieval and grounding.

When was Autofleet acquired and by whom?
Autofleet was acquired by Element Fleet Management in August 2024 for $110 million.
What was Autofleet's total funding raised before its acquisition?
Autofleet raised a total of $29.5 million across multiple funding rounds before its acquisition.
Which investors participated in Autofleet's Seed round in March 2018?
Next Gear Ventures and Maniv Mobility invested in Autofleet's Seed round in March 2018.
When did Autofleet raise its Series A round and who was a lead investor?
Autofleet raised its Series A round in April 2020, with MizMaa Ventures as a lead investor.
What was the amount of Autofleet's Series B funding round and when did it occur?
Autofleet secured a $20 million Series B funding round in October 2021.
Which companies partnered with Autofleet to optimize NEMT and student transportation services in November 2023?
zTrip partnered with Autofleet in November 2023 to optimize and streamline NEMT and student transportation services.
What was the focus of the partnership between Revel and Autofleet in April 2021?
In April 2021, Revel and Autofleet partnered on an all-electric, all-employee rideshare service in NYC.
What was the purpose of Autofleet's collaboration with Scania in May 2022?
In May 2022, Scania partnered with Autofleet to plan the transition to electric vehicles.
When was Autofleet founded and where is its headquarters located?
Autofleet was founded in December 2017 and is headquartered in Tel Aviv-Yafo, Israel.
How many employees did Autofleet have at the time of the data record?
Autofleet had between 51 and 200 employees, with an exact count of 108 employees.

Sectors & technology

Primary sector
Automotive & Mobility Technologies
Sub-sectors
Automotive & Mobility TechnologiesUrban MobilityAutonomous & ConnectedClimate TechEco-Efficient Transportation & LogisticsEco-Efficient Mobility Optimization & Logistics
Technologies
Artificial IntelligenceMachine Learning
Target customers
Transportation & LogisticsLogisticsEnterprise & Professional ServicesEnterprises
Business model
B2B

Highlights

Climate TechVerified

Tags

climate-techshared-mobilitysharing-economyartificial-intelligencesmart-mobilityenterprisesmachine-learningtransportationfleet-managementautonomous-vehicleslogisticsmobility-optimization