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INTERNET | Internet Software & Services / Supply Chain & Logistics
routemonkey.com

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Stage

Grant | Alive

Total Raised

$1.98M

Valuation

$0000 

Last Raised

$400K | 5 yrs ago

About Route Monkey

Route Monkey provides scheduling and routing software solutions, for both conventional and electric vehicles (EVs). The company's EV scheduling product is designed to help fleets get the best possible return on investment from lower-mileage EVs.

Route Monkey Headquarter Location

2 Houstoun Interchange Business Park

Livingston, Scotland, EH54 5DW,

United Kingdom

0845 643 5731

Latest Route Monkey News

The Algorithm People find route to funding

Sep 11, 2019

Let’s set aside the bonkers name as every startup is an algorithm startup nowadays. Newcastle-based The Algorithm People is actually a fleet management software developer and, yes, its software uses algorithms for route planning. Founded in April this year, TAP has raised £500k from the North East Venture Fund, managed by Mercia. If you’re going to launch yet another fleet management product into a well-served market you need a USP or at least a differentiator. Well as it happens, TAP may well have one as their product factors range-limited electric vehicles into the mix – smart! And the product when launched will be offered on a ‘pay-as-you-go’ basis to target smaller delivery firms too. Also smart. It must also be said that TAP’s founders Colin and Sarah Ferguson have form. They founded a similar business, Route Monkey, which they sold to AIM-listed telematics and data provider Trakm8 for £9.1m back in December 2015 (see Fleet management becoming key for Trakm8 ). Route Monkey still trades under its own brand and, guess what, its home page has a splash on “Route Monkey for EV (electric vehicle) drivers”. Anyway, I assume the Ferguson’s have the ‘non-compete’ stuff sorted!

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Expert Collections containing Route Monkey

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

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

S

Supply Chain & Logistics Tech

2,936 items

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

E

Electric Vehicle Technology

794 items

Companies developing battery electric vehicles (BEVs) and fuel cell vehicles (FCEVs) as well as companies working on improvements to battery design, building out charging infrastructure, and launching EV sharing services to help accelerate adoption.

Route Monkey Web Traffic

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