Fleetonomy

Company Overview

Snapshot

Founded in January 2017 by Israel Duanis and Lior Gerenstein, Fleetonomy operated with 1-10 employees. The company raised $3 million across one funding round from investors including Vertex Ventures Israel and TA Ventures. Fleetonomy was acquired by Via in September 2020.

Business overview

Fleetonomy developed AI-based mobility orchestration platforms designed to help automakers, car rental companies, and mobility service providers maximize their fleet potential. Its solutions enhanced efficiency in existing fleet-based services and increased fleet utilization through planning, launching, operating, and optimizing smart mobility services such as car subscription, ride-hailing models, on-demand rent, and app-based chauffeur services. The company's platforms were powered by demand-prediction engines and advanced algorithmic engines for fleet rebalancing, enabling a one-fleet/multiple-services approach. Fleetonomy's technology was deployed in top-tier global automotive OEMs, car rentals, and transit agencies, operating within the Automotive & Mobility Technologies sector.

Company Intelligence Q&A

What was a significant strategic partnership for Fleetonomy?

In October 2019, Fleetonomy partnered with Jaguar-Land Rover to enhance car fleet management. This collaboration aimed to improve customer experience and efficiency for Havn, a premium all-electric chauffeur service by Jaguar Land Rover, through the integration of Fleetonomy's technology with What3Words in February 2020.

When did Audi collaborate with Fleetonomy?

In May 2019, Audi worked with Fleetonomy to monitor and manage fleet utilization for its on-demand program. This collaboration extended to an experiment in December 2019, where Audi used Fleetonomy's technology for a rideshare service in Southern Germany, utilizing both EV and gasoline fleets.

What was Fleetonomy's exit event?

Fleetonomy was acquired by Via in September 2020. The terms of the acquisition were not disclosed.

What was Fleetonomy's primary product focus?

Fleetonomy focused on developing AI-based mobility orchestration platforms to optimize fleet management for various services, including car subscription, ride-hailing, and on-demand rentals. The platforms utilized demand-prediction and algorithmic engines to maximize efficiency and fleet utilization.

When did Fleetonomy unveil its EV mobility platform?

Fleetonomy unveiled its full-stack EV mobility platform at MOVE 2020 in London in February 2020. This platform was designed to support the growing electric vehicle market within smart mobility services.