Automile raises $7.5 million for fleet vehicle management software

Automile raises $7.5 million for fleet vehicle management software. Automile, a fleet logistics and management startup, has closed a $7.5 million Series A round led by SaaStr with participation from Salesforce Ventures, Atomico Ventures, Dawn Capital and Point Nine Capital. Automile provides customers with a box to install in under the vehicle’s dashboard to track mileage, trips and provide route tracking. Automile ships its tracking device to customers for free. Automile currently has 6,000 customers, including Samsung and Nestle. But a lot of its customers are in the businesses of plumbing, cleaning, oil, farming and concrete. “Everything that moves around in the market around our cities is what we do,” Automile CEO Jens Nylander told me. The logistics business for enterprise (think repair services, construction and agriculture) is one of the industries that technology has yet to really dive into. With the exception of Fleetmatics, which Verizon (owner of TC via acquisition of AOL) bought back in August to expand its fleet management offerings, Nylander said that few startups are focused on innovating in corporate logistics arena. With the new funding, Automile plans to more aggressively expand into Europe and build out its engineering team in Palo Alto.

Neurala closes $14M Series A to bring machine learning to the edge
500 Startups brings growth hacking program to Berlin
eSUB Construction Software raises $5 million to help subcontractors track jobs and get paid

Automile, a fleet logistics and management startup, has closed a $7.5 million Series A round led by SaaStr with participation from Salesforce Ventures, Atomico Ventures, Dawn Capital and Point Nine Capital.

Automile provides customers with a box to install in under the vehicle’s dashboard to track mileage, trips and provide route tracking. Automile ships its tracking device to customers for free. Customers pay anywhere from $5.90 per vehicle per month to $19 per vehicle per month for the service once they start to use it.

The most expensive plan gets you mileage logs, trip statistics, expense management tools, real-time location tracking, accident alerts, risk reduction tools and predictive maintenance. Automile currently has 6,000 customers, including Samsung and Nestle. But a lot of its…

COMMENTS

WORDPRESS: 0
DISQUS: 2