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Roadnet

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Fleet Management Systems & Software | Omnitracs

Towson, United StatesFounded 1983Other B2B Software
Valuation $250–500M Last recorded · 2011
Total funding $10–50M Disclosed equity funding
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About Roadnet

In 1983, before the internet was in every home, a tech startup called Roadnet Systems Corp. was founded to solve a complex problem: creating the most efficient routes for delivery fleets. Before their PC-based software, transportation managers relied mostly on instinct and the experience of veteran drivers to plan deliveries. Roadnet introduced technology and algorithms to what had been an analog process, helping companies optimize routes, save on fuel, and improve driver productivity. Just three years after its founding, the company's potential caught the eye of a major player. In 1986, United Parcel Service (UPS) acquired Roadnet Systems, renaming it UPS Logistics Technologies. For over two decades, the company developed its technology under the UPS umbrella. But in 2010, UPS decided to focus on technology more directly tied to its own global network and sold the division to private equity firm Thoma Bravo. Rebranded as Roadnet Technologies, it was once again an independent company. The final major turn came in 2013 when Roadnet was acquired by Omnitracs, a fleet management solutions provider that had just been purchased from Qualcomm by Vista Equity Partners. This move aimed to create a comprehensive platform for fleet management, from long-haul trucking to last-mile delivery. Today, Roadnet's software continues as part of the Solera family of companies, which later acquired Omnitracs.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
1983
Headquarters
Towson, United States
Open positions
None listed
Dealroom signal
18.3/100
Industry
Enterprise Software
Sector
Other B2B Software
Client focus
b2b

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITION✓Exit Nov 2013 $0 — Omnitracs —
LATE VC✓Equity / VC Jan 2011 $43M $172M Undisclosed —
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Growth signals

Roadnet website traffic

Latest recorded traffic for Roadnet is 97K monthly website visits, up 193.9% over the last three months.

Latest monthly visits97K 3-month web change+193.9%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

2 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Other known investors2 additional known investors

  • Omnitracs
  • Bregal Sagemount
Team profiled 2 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States · Towson HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Roadnet 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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