InsightsSuccess
Subscribe Now!
Get A Chance To Feature In Magazine By Submitting Your Interview Today!
No Result
View All Result
InsightsSuccess
  • Home
  • Industry Insider
  • Magazine
  • Franchises
  • Blog
  • Conferences
No Result
View All Result
InsightsSuccess
No Result
View All Result

Fleet optimization startup, Autofleet raises $7.5 million

Fleet optimization startup, Autofleet raises $7.5 million

Autofleet, an Israel-based AI-powered fleet optimization and vehicle-as-a-service solutions provider has raised $7.5 million in Series A and seed financing for AI fleet management tools. The newly raised fund has been led by MizMaa Ventures with the participation of mobility-focused investors Maniv Mobility, Liil Ventures, and Next Gear Ventures. Maniv Mobility has led the seed financing.
According to the Autofleet, it aims to use the latest fund to accelerate its work to create new opportunities for utilizing vehicle fleets, help grow its research and development team, and accelerate expansion into more international markets.
Autofleet claims that most of the rental car companies, car sharing operators and automakers use Autofleet-developed fleet management platform in order to launch or better manage mobility services. This fleet management platform contains a booking app and integrations to delivery services, demand prediction, pooling and optimization algorithms along with a driver app, and a control center. Autofleet has already partnered with global fleets and manufacturing giants including Avis Budget Group, Zipcar,  Keolis and Suzuki as its customers.
Kobi Eisenberg, the CEO of Autofleet states, “We’re hearing from fleet partners around the globe who are experiencing dramatic drops in demand, and therefore significant portions of their fleet and drivers are un-utilized. At the same time, we have seen a sharp increase in demand for delivery services from businesses across all verticals: retail and supermarkets, restaurants.” He adds, “Autofleet’s mission is to provide fleet owners the tools needed to realize the full potential of asset-heavy fleets in their transition to becoming the mobility service providers of the future. We couldn’t be more excited to partner with investors that share that vision and offer unique focus and expertise in the mobility industry to accelerate our mission globally.”

Previous Post

Chile Astronomers discovers dancing start around Black Hole; proves Einstein was right

Next Post

Facebook launches new gaming app, takes on Twitch, Mixer, and YouTube

Next Post
Facebook launches new gaming app, takes on Twitch, Mixer, and YouTube_Web Image

Facebook launches new gaming app, takes on Twitch, Mixer, and YouTube

Recent News

Hyundai-Ioniq-6
Recent News

Hyundai Unveils Design for Ioniq 6

Hyundai has revealed its iconic design for the upcoming EV Ioniq6, inspired by the Prophecy concept EV, which it showed...

Read more
Google-Earth-visual

Google Earth Observation Data Now Available Free for Companies and Governments

amazon-prime-day-logo

Amazon to Hold 2 Prime Day Events for the First Time Ever

Crypto Exchange FTX in Talks to Buy Robinhood

Crypto Exchange FTX in Talks to Buy Robinhood

a-red-toyota-tundra

Toyota Recalls 46,000 Tundra Vehicles Amid Safety Concerns

Path Breakers

Golden Helix: Providing Leading Genomic Data Analysis Software

Golden Helix: Providing Leading Genomic Data Analysis Software

Hubstaff

Hubstaff: Time and Workforce Management at Your Fingertips Virtually

Evonence LLC – Expert Google Workspace Partner Across North America

Evonence LLC – Expert Google Workspace Partner Across North America

Booster Box – A Passionate International Performance Marketing Agency for PPC Advertising Campaigns

Booster Box – A Passionate International Performance Marketing Agency for PPC Advertising Campaigns

Gary Olson, CEO, GHO Group LLC

GHO Group LLC: Bringing Vision to Reality

Insights Success is an archway that caters to Entrepreneurs’ quench of technology and business updates which are currently ruling the business world.
We are ceaselessly proving the best platform for leading companies, which aids indefinite progress while creating meaningful learning experiences for the visitors and invaluable brand awareness for the clients.

  • About Us
  • Advertise With Us
  • General Disclaimer
  • Terms & Condition
  • Privacy Policy
  • Subscribe
  • Contact Us

© Copyright 2022, InsightsSuccess | All Rights Reserved.

No Result
View All Result
  • Home
  • Industry Insider
  • Magazine
  • Franchises
  • Women In Business
  • Blog
  • Conferences
  • IT & Innovations
  • Leadership
  • Healthcare
  • Money
  • Startups

© Copyright 2022, InsightsSuccess | All Rights Reserved.