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How Cartrack grew Cartrack to $355.6M revenue with a 3233 person team in 2025.

Cartrack is a leading global Software-as-a-Service (SaaS) platform provider for small, medium and large businesses, as well as consumers needing a software platform for data analytics to optimise fleets, driver behaviour, insurance risk, safety and asset recovery. Data analytics remain Cartrack’s primary offering, in addition to growing its artificial intelligence and value-added services to deliver a tangible return on investment to its subscribers. Cartrack is also renowned for its agility and speed in developing innovative, first-to-market solutions that are aimed at further enhancing the customer experience. Cartrack’s impressive organic growth since being launched in South Africa in 2004 has resulted in an extensive footprint in 23 countries across Africa, Europe, North America, Asia Pacific, and the Middle East. With an active subscriber base in excess of 1.5 million, the Group ranks among the largest of its peer companies globally. Cartrack is a vertically integrated service-centric organisation owning all its unique intellectual property and business processes, ranging from in-house design, device and software development, mobile-technical workshops and sales. Hence, Cartrack is in full control of delivering superior service while also protecting its industry-leading margins and clean balance sheet.

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Cartrack Revenue

In 2025, Cartrack's revenue reached $355.6M. Since its launch in 2004, Cartrack has shown consistent revenue growth.

Cartrack Revenue GrowthReported revenue / ARR by year$0$75M$150M$225M$300M$375M200420062008201020122014201620182020202220242025$0$356MSource: GetLatka.com
YearMilestone
2025Cartrack Hit $355.6m revenue in September 2025
2004Launched with $0 revenue

Cartrack Valuation, Funding Rounds

Cartrack's most recent disclosed valuation is $1.1B.

Cartrack is a bootstrapped Data Science and Machine Learning Platforms startup. Founded in 2004, Cartrack has grown to $355.6M in revenue without raising any venture capital or outside funding.

As a self-funded Data Science and Machine Learning Platforms SaaS company, Cartrack has built its business with no outside investment.

Cartrack Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120042004 cumulative: $0 • 2004 Founded: $02004 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

Cartrack Employees & Team Size

Cartrack employs approximately 3.2K people as of 2026.

Cartrack has 3.2K total employees in different roles and functions.

Cartrack Team GrowthReported headcount over time07501,5002,2503,0003,750200420062008201020122014201620182020202220242025003,2333,233Source: GetLatka.com
YearMilestone
2025Reached 3.2K employees (September 2025)

Customers

We do not have customer count information for Cartrack yet.

Frequently Asked Questions about Cartrack

What is Cartrack's revenue?

Cartrack generates $355.6M in revenue.

How much funding does Cartrack have?

Cartrack raised $0.

How many employees does Cartrack have?

Cartrack has 3.2K employees.

Where is Cartrack headquarters?

Cartrack is headquartered in United States.

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Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

Cartrack Revenue 2025: $355.6M ARR, $1.1B Valuation