Participated · Series B · Nov 2021

AutoFleet is an AI-based fleet management platform that optimizes dispatching, routing, maintenance scheduling, and dynamic pricing for fleet owners and operators. Its platform leverages advanced machine-learning models for real-time demand prediction, automated generation and management of maintenance/servicing tasks, optimized dispatching and routing, and dynamic pricing. The unified routing and dispatch engine supports delivery/logistics services, passenger trips, and field service operations from a single platform. Founded in 2018 and based in Tel Aviv, AutoFleet employs about 30 people and is active in 12 countries, managing tens of thousands of vehicles for large fleets. In October 2021 the company closed a $20.0M Series B round. The round included participation from both new and existing investors noted in the deal. Autofleet offers a fleet management platform that includes a booking app, driver app, control center, demand prediction, pooling and optimization algorithms, integrations to delivery services, and a simulator for deployment planning. The platform is aimed at rental car companies, car‑sharing operators and automakers to launch or better manage mobility services. Autofleet has partnerships with Avis Budget Group, Zipcar, Keolis and Suzuki. Its biggest markets today are Europe and the U.S., with early traction and fast growth in Latin America and Asia‑Pacific; the company plans to double down on those regions and expects an upcoming partnership in Asia. The startup has been adapting its platform amid COVID‑19 to shift fleets toward logistics and medical transportation and to help companies leverage vehicle assets for delivery services. Autofleet recently raised funding to support international expansion and to grow its research and development team.