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Fleetworthy
We simplify your toll management so that you can focus on your core business
About Fleetworthy
Bestpass, Inc. (now Fleetworthy) is a company that specializes in toll management solutions for commercial fleets. The company operates primarily in the United States, offering services that simplify the process of managing toll expenses for businesses with vehicle fleets. Bestpass serves a variety of clients, including trucking companies, owner-operators, and other fleet-based businesses.
The core market for Bestpass is the transportation and logistics industry, where managing toll expenses can be a significant operational challenge. By providing a streamlined toll management system, Bestpass helps its clients save time and money. The company claims that its clients spend 40% less time managing transponders (devices used to automatically pay tolls) and 30% less time making payments.
Bestpass operates on a business-to-business (B2B) model. It generates revenue by charging its clients for the use of its toll management services. This includes providing transponders, consolidating toll charges into a single invoice, and offering online reporting tools that help businesses track and assign toll expenses to specific vehicles. By doing so, Bestpass enables its clients to focus on their core business operations rather than getting bogged down by the complexities of toll management.
The company boasts extensive coverage, with its transponders being accepted on 100% of major U.S. toll roads. This wide coverage ensures that clients can rely on Bestpass for seamless toll transactions across the country. Additionally, Bestpass has strategic partnerships with various tolling authorities and associations, further enhancing its service offerings.
In summary, Bestpass provides a comprehensive toll management solution that helps fleet-based businesses reduce administrative burdens and operational costs associated with toll payments.
Source: Dealroom company dataAt a glance
- Founded
- 2001
- Headquarters
- Town of Colonie, United States
- Sector
- Transportation
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series B and later2 investors entered at this stage
Susquehanna Growth Equity
Insight Partners
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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