LocoNav provides fleet management solutions. The company also offers fuel monitoring, vehicle tracking, video safety, and more. It was formerly known as BabaTrucks. The company was founded in 2016 and is based in San Francisco, California.
ESPs containing LocoNav
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The freight management software market provides solutions for the efficient and cost-effective shipment of goods. It streamlines the process of tracking goods, managing inventory, and calculating shipping costs, allowing companies to save time, money and resources. By automating processes and providing accurate analytics, freight management software can help companies make informed decisions and i…
Research containing LocoNav
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned LocoNav in 3 CB Insights research briefs, most recently on May 31, 2022.
Expert Collections containing LocoNav
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
LocoNav is included in 1 Expert Collection, including Supply Chain & Logistics Tech.
Supply Chain & Logistics Tech
Companies offering technology-driven solutions that serve the supply chain & logistics space (e.g. shipping, inventory mgmt, last mile, trucking).
Latest LocoNav News
Dec 22, 2022
LocoNav Announces Expansion Of Its Global Footprint To The GCC LocoNav aims to bring tens of thousands of commercial vehicles on board in its first year of operation. LocoNav, the world’s fastest-growing AI-driven full-stack fleet-tech company expands its global footprint with its GCC debut at GITEX this week. With this expansion, LocoNav aims to bring tens of thousands of commercial vehicles on board in its first year of operation. Launched in 2016, LocoNav makes fleet tech more accessible and affordable for fleet owners and operators. Its recently launched disruptive Video Safety Solution of Dashcam + Video Telematics combo helps improve road safety, reduce liability risk, and improve driver behaviour starting at prices that are almost 30 to 40% lower than existing solutions. LocoNav Co-Founder Vidit Jain said “We are pleased to be here at GITEX for the very first time to introduce our cutting-edge fleet technology to the GCC. The atom of LocoNav is the commercial vehicle, and we hope that by being here this week, we can maximize partnerships with fleet owners, operators, and enterprises that form part of the larger fleet management ecosystem. ” LocoNav‘s end-to-end platform is in use in over 30 countries, with more than half a million vehicles using the core fleet-tech product, and 5 million vehicles using at least one of its products or services. At GITEX, LocoNav will demonstrate its new Advanced Driver Assistance System (ADAS) and Driver Management System. This AI-powered technology uses sensors in the dashcam that warn the driver in real-time of any possible forward collision or lane drifting. Smart alerts give the fleet operator immediate notification of dangerous events such as harsh braking, speeding, distracted driving, or sharp vehicle turning. This system also offers live video streaming so fleet owners can keep an eye on things. Fleet Owners can then use this real-world footage to coach drivers toward better driving behaviour and enhance overall fleet safety. Incident videos are also available for a significant period on the LocoNav platform for use in case of evidence for any liability claims from adverse incidents. Loconav Co-Founder, Shridhar Gupta said, “We believe that business owners should not have to suffer exorbitant prices for a technology that can improve their business and peace of mind. We are committed to improving safety and efficiency at affordable rates for every commercial vehicle in the region. Our AI-backed tech encourages better driving behaviour and alertness to prevent accidents and save lives.” Loconav recently raised $37 million in a Series B round with the aim to expand operations to over 100 countries in the emerging world. This funding round was led by Quiet Capital, Anthemis Group, Sequoia Capital India, Foundamental, RIT Capital Partners and other leading investors. LocoNav had previously raised $10 million taking the total to ~$47Mn. Share this article:
LocoNav Frequently Asked Questions (FAQ)
When was LocoNav founded?
LocoNav was founded in 2016.
Where is LocoNav's headquarters?
LocoNav's headquarters is located at 355 Bryant Street, San Francisco.
What is LocoNav's latest funding round?
LocoNav's latest funding round is Series B.
How much did LocoNav raise?
LocoNav raised a total of $44.41M.
Who are the investors of LocoNav?
Investors of LocoNav include Peak XV Partners, Ajay Agarwal, Jai Shekhawat, Quiet Capital, Village Global and 11 more.
Who are LocoNav's competitors?
Competitors of LocoNav include Decisiv and 8 more.
Compare LocoNav to Competitors
FleetUp provides an online fleet management system. The company enables companies to maximize profitability, improve driver safety, and comply with current and upcoming regulations. It was founded in 2013 and is based in San Jose, California.
Motive develops a fleet management platform. It provides electronic logs for truck drivers, motorcoach bus drivers, and oil gas drivers. The platform offers solutions such as compliance, fuel tax reporting, global positioning system (GPS) tracking, video monitoring, and more. It serves clients operating in the logistics industry. Motive was formerly known as KeepTruckin. It was founded in 2011 and is based in San Francisco, California.
Decisiv provides service relationship management (SRM) solutions for commercial assets in trucking and transportation, coach, construction, power generation, and other on- and off-highway, heavy-duty equipment markets. Its cloud-based software, mobile applications, and services enable enterprises, government entities, leasing and rental companies, and service providers to manage, monitor, and report on service and repair event interactions independent of asset type, service provider, or device. The company was founded in 2001 and is based in Glen Allen, Virginia.
Preteckt provides artificial intelligence (AI) driven vehicle maintenance solutions. The platform offers cloud-based vehicle prognostics powered by AI to support all fleet vehicle types and analyzes raw sensor data, using machine learning algorithms to identify issues at an early stage, get the repair in time, improve technician efficiency, and reduce maintenance costs for clients to identify issues and fix them. The company was founded in 2015 and is based in Memphis, Tennessee.
Derive Systems is an automotive technology company that aims to enable its customers to take control of their vehicles and create solutions that optimize vehicle performance and fleet profitability. Its brands include SCT, Bully Dog and Derive VQ. SCT aims to unlock vehicle performance through ECU calibration. Per Derive, optimizing vehicle calibrations, SCT tuning unlocks greater vehicle horsepower, torque and drivability. Bully Dog is engaged in performance ECU calibration technology for gas and diesel vehicles looking to add performance, tackle tough terrain, haul heavy payloads or tow trailers over long distances. Per the company, the Bully Dog calibration software platform adjusts key performance parameters to better respond to the unique demands you put on your vehicle. Derive VQ aims to optimize vehicle performance And fleet profitability.
Lytx offers flexible fleet management solutions. The solutions offered include fleet safety, fleet tracking, integrated networks, integrated software, and more. Lytx was formerly known as DriveCam. It was founded in 1998 and is based in San Diego, California.