Infleet, a Brazilian fleet operations management startup, raised $7.5M in a Series A round led by Canary, Indicator, and Citrino Ventures. DOMO.VC, Scale-Up Endeavor, and BluStone also joined the round.
Founded in 2019, Infleet develops an IoT platform that improves fleet operations through real-time driver interaction and data analytics. Its tools include video telematics, a virtual assistant for managers, and the first fines module integrated with telematics worldwide.
Infleet will use the funds to expand its “Intelligent Copilot” model to reduce accidents, cut expenses, and promote safer, more sustainable fleet operations.
“This investment is not just financial, it is a vote of confidence in our ability to innovate and transform fleet management with technology that saves lives, enhances operations, and builds more sustainable business cultures,” said Victor Cavalcanti, CEO of Infleet.
Infleet grew 50x and recorded 120% growth in 2024, a pace it projects will continue through 2026.
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