What does BetterFleet do?
BetterFleet provides a SaaS platform that empowers mission-critical transit, government, utilities, and logistics fleets to transition to efficient, sustainable technologies. Utilizing advanced AI and digital twin technology, the platform helps fleets select the right vehicles and infrastructure, minimize operating costs, and derive data-driven insights for continuous performance improvement. The company, formerly known as EVenergi, is recognized for its expertise in planning, procurement, implementation, and operations software for zero-emission fleets.
How much did they raise?
The company raised $15M in a funding round backed by investors such as Aligned Climate Capital, Ecosystem Integrity Fund, and Remarkable Ventures Climate.
What are their plans for the money?
With the new funds, BetterFleet plans to accelerate its growth strategy by expanding its user base beyond its current 200 customers across Europe, Asia-Pacific, and North America. The investment aims to further develop its innovative technologies, potentially enabling fleets worldwide to reduce operating costs and lower their carbon footprints.
What have they achieved so far?
BetterFleet has already achieved significant market traction, serving more than 200 fleets globally and establishing itself as a trusted provider of software for zero-emission fleets.