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FleetOps

fleetops.ai

Founded Year

2017

Stage

Seed VC - II | Alive

Total Raised

$7.81M

Last Raised

$6M | 3 yrs ago

About FleetOps

FleetOps operates as a freight marketplace. The company matches freight from brokers and shippers to carriers with available capacity. It was founded in 2017 and is based in Toronto, Canada.

Headquarters Location

123 Edward Street Suite 205

Toronto, Ontario, M5G1E2,

Canada

888-349-7340

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Research containing FleetOps

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned FleetOps in 3 CB Insights research briefs, most recently on Nov 16, 2021.

Expert Collections containing FleetOps

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

FleetOps is included in 2 Expert Collections, including Supply Chain & Logistics Tech.

S

Supply Chain & Logistics Tech

5,222 items

Companies offering technology-driven solutions that serve the supply chain & logistics space (e.g. shipping, inventory mgmt, last mile, trucking).

A

Artificial Intelligence

10,425 items

This collection includes startups selling AI SaaS, using AI algorithms to develop their core products, and those developing hardware to support AI workloads.

Latest FleetOps News

Truckers cope with rising operating expenses, FleetOps says

Aug 15, 2022

ELD data shows that some drivers are leaving unused work hours on the table, citing high fuel costs, softening freight demand, long wait times. August 15, 2022 Toronto-based FleetOps analyzed data from electronic logging devices (ELDs), the sensors that measure drivers’ time on the road and keep them in compliance with rest periods as required by the Federal Motor Carrier Safety Administration (FMCSA). The results showed that the monthly number of undriven hours has been increasing in 2022 compared to 2021. The number of unused hours by U.S. truckers was up 7% in March 2022 over the same month last year, up 5% in April, up 7% in May, and up 12% in June, FleetOps said. In search of reasons for the change, the firm also surveyed 915 carriers, owner/operators, drivers, and dispatchers during July. Of those who said they were driving less, 71% said that rising fuel costs and stagnant wages were major factors. Other reasons included a decline in demand (31%) and long wait times while picking up and delivering goods or finding parking (29%). “This past year has certainly proved challenging for freight truck drivers, and many of their pain points and the overall difficulties of a driving job have been brought into the limelight,” Chris Atkinson, FleetOps’ co-founder and CEO, said in a release. “It’s important for these issues to be discussed openly, as carriers are critical to the supply chain–so we get really excited when we receive data intel and survey engagement that can be shared with our partners, and allow us to collaborate on developing solutions that continue to provide operational efficiency.”

FleetOps Frequently Asked Questions (FAQ)

  • When was FleetOps founded?

    FleetOps was founded in 2017.

  • Where is FleetOps's headquarters?

    FleetOps's headquarters is located at 123 Edward Street, Toronto.

  • What is FleetOps's latest funding round?

    FleetOps's latest funding round is Seed VC - II.

  • How much did FleetOps raise?

    FleetOps raised a total of $7.81M.

  • Who are the investors of FleetOps?

    Investors of FleetOps include BCF Ventures, Panache Ventures, Brian Thomas, Resolute Ventures, Inspired Capital and 12 more.

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