Fleetio Raises over $450 Million Series D and Acquires Auto Integrate to Create Customer-Centric One-Stop-Shop for Fleet Maintenance
Portfolio Pulse from
Fleetio, a fleet optimization software platform, has acquired Auto Integrate and raised over $450 million in Series D funding, valuing the combined business at $1.5 billion. The strategic merger aims to create a comprehensive, customer-centric fleet maintenance solution serving over 8 million vehicles and processing 13 million repair orders annually across North America.
March 25, 2025 | 3:15 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Goldman Sachs' Growth Equity division participated in Fleetio's $450M Series D, signaling confidence in the fleet maintenance technology sector.
Goldman Sachs' investment suggests strong market potential and growth prospects for the combined Fleetio-Auto Integrate platform
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 60