Maven Machines offers a cloud-based IoT platform that combines telematics, workflow, dispatch and route optimization with ELD compliance, driver safety, supply chain visibility and cost optimization. The company positions its software suite as a mission-critical, integrated fleet management solution for medium to large commercial fleets; customers cited include Ward Trucking, Daylight Transport and CRST. Maven plans to use new funding to accelerate development of its proprietary platform and expand its workforce across engineering, operations, sales and marketing. Management expects to triple the company’s headcount before the end of 2020. The product is delivered as a B2B SaaS offering focused on operational efficiency and regulatory compliance in transportation. CEO Avi Geller is quoted emphasizing the company’s mission to revolutionize fleet operations.

Total raised

$7M

Funding rounds

1

Latest round

Series A

Latest activity

Feb 2020