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Fleetx - About the company

Fleetx is a series C company based in Gurugram (India), founded in 2017 by Abhay Jeet Gupta, Vishal Misra, Parveen Kumar Kataria and Udbhav Rai. It operates as a Provider of an AI platform for fleet and transportation management. Fleetx has raised $34.2M in funding from investors like Beenext, IndiaMART and India Quotient, with a current valuation of $*****. The company has 5476 active competitors, including 247 funded and 272 that have exited. Its top competitors include companies like Samsara, GoMotive and Wright Express.

Company Details

Provider of an AI platform for fleet and transportation management. The platform offers tools to digitize operations by connecting assets, processes, and personnel. It provides features for transport management, fleet management, and transport enterprise resource planning. The platform includes consignment operations, delivery management, and ledger and accounting management. It also offers vehicle health management, maintenance management, and driver and trip settlement.
Website
fleetx.io
Registered Address
Unit No. 320-339 & 346-348, 3rd Floor, Tower A, Vatika Business Park, Sector-49, Sohna Road, Gurgaon, Gurgaon, Gurgaon, Haryana, India, 122018
Key Metrics
Founded Year
2017
Location
Gurugram, India
Stage
Series C
Total Funding
$34.2M in 7 rounds
Latest Funding Round
Post Money Valuation
$***** as on May 24, 2025
Investors
Ranked
Annual Revenue
₹79.7Cr as on Mar 31, 2025
Employee Count
407 as on Aug 31, 2025
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Fleetx's funding and investors

Fleetx has raised a total funding of $34.2M over 7 rounds. Its first funding round was on Jan 16, 2018. Its latest funding round was a Series C round on May 24, 2025 for $*****. 2 investors participated in its latest round. Fleetx has 14 institutional investors and 32 angel investors.

Here is the list of recent funding rounds of Fleetx:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
May 24, 2025
4243539
Series C
8738356
9267360
5070162
9503752
Feb 21, 2022
1691075
Series B
9763092
2990042
3805263
Nov 17, 2021
7083309
Series A
7942021
4144821
6960862
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Fleetx's founders and board of directors

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Here are the details of Fleetx's key team members:

Fleetx's employee count trend

Fleetx has 407 employees as of Aug 25. The total employee count is 4.0% more than what it was in Aug 24. Here is Fleetx's employee count trend over the years:
Employee count trend for Fleetx
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Fleetx's Competitors and alternates

Top competitors of Fleetx include Samsara, GoMotive and Wright Express. Here is the list of Top 10 competitors of Fleetx, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Samsara
Samsara
2015, San Francisco (United States), Public
Platform offering AI-powered and cloud-based vehicle tracking solutions for fleet owners
$915M
87/100
2nd
Logo for GoMotive
GoMotive
2013, San Francisco (United States), Series F
AI-powered fleet management platform
$717M
78/100
3rd
Logo for Wright Express
Wright Express
1983, Portland (United States), Public
Provider of fleet management, employee benefits, and business payment solutions
-
75/100
4th
Logo for NextBillion AI
NextBillion AI
2020, Singapore (Singapore), Acquired
Provider of an AI-powered mapping platform
$34.2M
75/100
5th
Logo for Omnitracs
Omnitracs
1985, Dallas (United States), Acquired
Provider of cloud-based fleet management solutions
-
72/100
6th
Logo for Element
Element
1946, Baltimore (United States), Public
Fleet management and maintenance services
$125M
69/100
7th
Logo for BusRight
BusRight
2017, Boston (United States), Series C
Tech-enabled school-bus tracking and management solutions
$63.1M
68/100
8th
Logo for HERE
HERE
1985, Eindhoven (Netherlands), Acquired
Developer of a unified map delivering location data and related services
-
67/100
9th
Logo for Netradyne
Netradyne
2015, San Diego (United States), Series D
AI-powered fleet safety camera system
$297M
67/100
10th
Logo for Radius
Radius
1990, San Francisco (United States), Acquired
Predictive marketing and sales platform
$333M
66/100
41st
Logo for Fleetx
Fleetx
2017, Gurugram (India), Series C
Provider of an AI platform for fleet and transportation management
$34.2M
60/100
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Fleetx's Investments and acquisitions

Fleetx has made no investments or acquisitions yet.

Reports related to Fleetx

Here is the latest report on Fleetx's sector:

News related to Fleetx

lockFilter this list
Media has covered Fleetx for a total of 5 events in the last 1 year, 2 of them have been about company updates and 2 about partnerships.
Fleetx Launches AI-Powered Driver Authentication SolutionAsian News InternationalNov 06, 2024Fleetx
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