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4 Well-Known Unicorns in the Fleet Management Industry

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I'm sure you've heard the term unicorn before.

It refers to a privately held company that has achieved a $1 billion valuation.

These private companies are rare because reaching the billion-dollar mark is incredibly challenging.

Only 0.004% of all venture-backed companies achieve this distinction – but the Fleet Management industry is home to 4 unicorns including some of the biggest in the world.

4 Fleet Management Unicorns Companies

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Nuro

Nuro

Nuro develops and operates a fleet of autonomous vehicles that operate 24/7 to safely deliver goods to their destinations efficiently.

Details of the startup:

  • Valuation:

    $8.60

    B (

    February 2019

    )

  • Country:

    United States

  • City:

    Mountain View

  • Started in:

    2016

  • Founders:

    Dave Ferguson, Jiajun Zhu

  • Industries:

    Autonomous Vehicles, Fleet Management, Information Technology, Robotics, Transportation

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $2,132.00M

  • Number of funding rounds:

    6

  • Number of investors:

    12

here

KeepTruckin

KeepTruckin

KeepTruckin provides cloud-based hours of service technology that helps trucking companies to manage their drivers and reduce their risk.

Details of the startup:

  • Valuation:

    $2.30

    B (

    April 2019

    )

  • Country:

    United States

  • City:

    San Francisco

  • Started in:

    2013

  • Founders:

    Obaid Khan, Ryan Johns, Shoaib Makani

  • Industries:

    Artificial Intelligence, Fleet Management, Logistics, SaaS, Transportation

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $712.50M

  • Number of funding rounds:

    8

  • Number of investors:

    15

here

G7 Networks

G7 Networks

G7 is a service provider in fleet management that strives to deliver efficient and convenient services with IoT/AI technology.

Details of the startup:

  • Valuation:

    $2.20

    B (

    February 2022

    )

  • Country:

    China

  • City:

    Beijing

  • Started in:

    2006

  • Founders:

    Wu Haibo, Zhai Xuehun

  • Industries:

    Fleet Management, Information Technology, Internet of Things, Logistics, Transportation

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $710.00M

  • Number of funding rounds:

    7

  • Number of investors:

    17

here

Radius Payment Solutions

Radius Payment Solutions

Radius Payment Solutions is a high-tech payment processing company that provides secure, reliable, cost-effective, and integrated software-as-a-service technology solutions for commercial trucking companies.

Details of the startup:

  • Valuation:

    $1.07

    B (

    November 2017

    )

  • Country:

    United Kingdom

  • City:

    Crewe

  • Started in:

    1990

  • Founders:

    Bill Holmes, Roy Sciortino

  • Industries:

    Finance, Financial Services, Fleet Management, Logistics, Transportation

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $200.11M

  • Number of funding rounds:

    1

  • Number of investors:

    1

here
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