See other companies on Welcome to the Jungle
Fleetio
Fleet management platform
- 201-500 employees
- B2B
- Transport
- Navigation
- SaaS
- Mobile
- Central City, Birmingham, AL
Jump to section
Company mission
To help organizations track, analyze and improve their fleet operations.
18% employee growth in 12 months
Our take
Fleetio offers software that helps organizations track, analyse, and improve their fleet operations. Fleet management is known to be an often complex and difficult task, so Fleetio's services unburden organizations of this, enabling them to focus time and energy on their own mission.
The start-up makes it easier for businesses to lease a fleet of vehicles with an app with which managers, drivers and mechanics can access and update information, relieving users of outdated fleet software and complicated spreadsheets. This simple solution has proven effective with the start-up seeing nearly 400% growth in a three year margin.
The company planned to invest its funding towards expanding operations and venturing into new markets globally, as well as developing new services. In 2023, it integrated with FleetIT and Toll Management Solutions to offer nationwide coverage for fleets at reduced rates. With moves like this, Fleetio can certainly expect to continue its growth, especially given its stable position in a market estimated to be worth $52.4 billion by 2027.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- Parental and bonding leave
- 8 company holidays + 2 floating holidays
- Dependent care and medical FSA
- Short and long term disability
- Mac laptop + new hire equipment stipend
- Professional development funds
- Health and wellness initiatives
- Remote working friendly
- Monthly catered lunches
- Community service funds
- 100% health/dental coverage (50% family)
- Vision insurance
- Incentive stock options
- Office snacks
- 401(k) match of 4%
- PTO - 4 weeks
Company values
- Intelligence: We value the ability to acquire new knowledge and skills and are constantly seeking improvement
- Intensity: We work hard and are passionate about making an impact in our individual roles and as a company
- Integrity: We trust our teammates to do the right thing and we value sincere and honest dialog
- Ownership: We take responsibility and hold ourselves accountable as we are all invested in the company’s growth
Funding (last 2 of 4 rounds)
May 2023
$144.7m
SERIES C
Nov 2020
$21m
SERIES B
Total funding: $170m
Leadership
Tony Summerville
(CEO)Previously served as Product Manager for Daxko and as a Software Engineer for Regions Financial Corporation. Currently acts as a Board Member for TechBirmingham and Venture for America.