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FleetUp
ELD/HOS compliance solutions for intelligent fleet management
About FleetUp
In 2007, Sam Lee and Ezra Kwak embarked on a journey to revolutionize fleet management. They founded FleetUp, a company dedicated to providing AI and web-based solutions for fleet management and electronic logging devices (ELD). Their vision was to harness technology to improve efficiency and safety in fleet operations.
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FleetUp's innovative approach quickly gained traction, and the company began to grow. A significant milestone came in February 2018, when FleetUp secured a $20 million Series B funding round led by HUMAX, a leader in in-vehicle infotainment and communications. This infusion of capital allowed FleetUp to expand its offerings and reach a broader market.
Throughout its journey, FleetUp has remained committed to leveraging big data and automation to enhance fleet management. The company's solutions enable businesses to maximize profitability, improve driver safety, and ensure compliance with industry regulations.
Today, FleetUp stands as a testament to the power of innovation and perseverance. Under the leadership of its founders, Sam Lee and Ezra Kwak, FleetUp continues to navigate the road to success, helping businesses optimize their fleet operations and drive forward into the future.
At a glance
- Status
- Operational
- Founded
- 2013
- Headquarters
- Milpitas, United States
- Employees
- 56
- Open positions
- None listed
- Dealroom signal
- 66.5/100
- Industry
- Legal, Transportation
- Sub-industry
- Logistics & Delivery
- Sector
- Transportation, Navigation, Fleet Management, Geopositioning, Telematics, Compliance, Monitoring, Driver Safety, Regtech Compliance
- Client focus
- b2b
Latest news
Press, funding announcements and product moves mentioning FleetUp.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VC✓Equity / VC | Feb 2018 | $20M | $80M | HUMAX · Humax Holdings | ↗ |
| SERIES B✓Equity / VC | Apr 2017 | $5M | $20M | Humax Holdings | — |
Growth signals
Latest recorded traffic for FleetUp is 4.2K monthly website visits, up 13.5% over the last three months. FleetUp's team declined 1.8% over the past year.
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|---|---|---|---|---|---|
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 ViamenteDvelops and markets worldwide innovative SaaS technology for the Vehicle Routing Optimization. |
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 NoveroDevelops, manufactures and markets flexible solutions for vehicle communication, telematics and mobile device integration |
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A1 investor entered at this stage
Humax Holdings
Series B and later1 investor entered at this stage
HUMAX
Other known investors2 additional known investors
Plug and Play
Primer
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about FleetUp on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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