Headquartered in Hooksett, N.H., Merchants Fleet positions itself as the fastest-growing national fleet management company. The firm delivers a FleetTech model that combines processes, technology platforms, pilot programs, and a network of strategic alliances to serve fleets ranging from 1 to over 10,000 vehicles. Merchants emphasizes high-touch service, specialized fleet teams, and flexible terms from three months to seven years. The company targets disruption in an industry affected by connected vehicles, multi-modal transportation, efficiency requirements, and data-driven intelligence. Management says the business has seen significant growth from its comprehensive and innovative offerings. The company secured external growth financing to further accelerate that trajectory and expansion across North America.

Total raised

$50M

Funding rounds

1

Latest round

Equity

Latest activity

Apr 2020