Element Fleet Management

Automotive

Active
Toronto, Canada Founded 2024
Total raised
Stage
Founded
2024
Headcount
1
HQ
Toronto, Canada
Sector

About

Element Fleet Management Corp specializes in helping organizations manage their vehicle fleets efficiently and cost-effectively. Its global activities focus on optimizing fleet operations through services such as financing, acquisition, maintenance, compliance, risk management, and vehicle lifecycle solutions. The company leverages advanced data analytics and technology to provide tailored solutions that enhance productivity, reduce operational costs, and ensure sustainability for clients across a wide range of industries.

In Israel, Element Fleet Management has reinforced its presence through its acquisition of Autofleet, an Israeli technology company specializing in AI-powered fleet and mobility optimization platforms. Autofleet’s solutions focus on enhancing the efficiency and utilization of fleets through predictive analytics and intelligent dispatching tools. This acquisition positions Element as a technology-driven leader in the region, capable of offering cutting-edge digital solutions to businesses in Israel and worldwide. Element's work in Israel highlights its role in supporting innovative fleet technologies and aligning them with local market needs. By leveraging Autofleet’s expertise, Element aims to provide more adaptive and scalable fleet management services that cater to the unique demands of Israeli businesses and the global shift toward smarter, more sustainable mobility solutions.

Company Intelligence Q&A

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

When did Element Fleet Management establish its presence in Israel?
Element Fleet Management established its presence in Israel in August 2024.
What was Element Fleet Management's key strategic move to enter the Israeli market?
Element Fleet Management acquired Autofleet, an Israeli technology company specializing in AI-powered fleet and mobility optimization platforms.
What is the primary focus of Autofleet's technology, which Element Fleet Management acquired?
Autofleet's solutions focus on enhancing the efficiency and utilization of fleets through predictive analytics and intelligent dispatching tools.
What is Element Fleet Management's primary business activity globally?
Element Fleet Management specializes in helping organizations manage their vehicle fleets through services such as financing, acquisition, maintenance, compliance, risk management, and vehicle lifecycle solutions.
When did Element Fleet Management become a public company?
Element Fleet Management became public on the TSX in December 2011 through an IPO.
Where is Element Fleet Management's global headquarters located?
Element Fleet Management's global headquarters is located in Toronto, Canada.
How many employees does Element Fleet Management have worldwide?
Element Fleet Management has 2,375 employees worldwide.
What is the reported employee count for Element Fleet Management in Israel?
Element Fleet Management has 1 employee in Israel, according to startupim data.

Tags

smart-mobility