Fleetonomy launches AI-based fleet management platform
Fleetonomy announced that it has secured $3 million led by Vertex Ventures, followed by Kardan Ventures and VectoIQ in seed funding to expand its technology development. Fleetonomy's platform is deployed with top-tier automakers, car rental companies, and other fleet operators, intending to help them reduce operational costs, optimize fleet operations, and create new revenue streams through its automated, end-to-end fleet management solution. As part of the round, Fleetonomy has added Steve Girsky, former Vice Chairman of GM and Mary Chan, former On-Star executive to its board of advisors.
"Players in the mobility service business need to be prepared for the autonomous era by addressing both the vehicle ownership and the fleet ownership management models. The platform that Fleetonomy provides leverages the current ownership opportunities and equips automotive companies with the ability to operate autonomous fleets of the future," said Girsky.
Fleetonomy's Fleet Management platform blends machine learning, advanced algorithms, and AI to analyze key data and provide implementable insights that assist fleet operators with making strategic decisions to maximize inventory management, maintenance, and customer preferences. Fleetonomy is currently deployed in the U.S., UK, and Germany, and is planning to expand to additional markets in the coming year.