Valuation
$24M
2020 Revenue
$8M
Customers
6K
Funding
$25.4M
Avg ACV
$1.3K
Team · 2024
308
Founded
2012
Fleetio Revenue, Valuation & Funding (2020)
Our software helps organizations around the world track, analyze and improve their fleet operations. We're passionate about making it easy to manage a fleet so our customers can spend more time focusing on their mission. Launched in 2012 out of Birmingham, AL, today thousands of people use Fleetio to manage hundreds of thousands of vehicles, equipment, parts, operators and more. Fleets of all sizes across more than 80 countries rely on Fleetio to handle the complexities of their operations. To us, great software is simple, collaborative, comprehensive and informative. We constantly enhance our products to better embody those traits in new and exciting ways to equip our customers with the best solutions available.
Last updated
Fleetio Revenue
In 2020, Fleetio's revenue reached $8M. Since its launch in 2012, Fleetio has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2020 | Fleetio Hit $8m revenue in November 2020 | |
| 2012 | Launched with $0 revenue |
Fleetio Valuation, Funding Rounds
Fleetio's most recent disclosed valuation is $24M.
Fleetio has raised $25.4M in total funding across 3 rounds, with its most recent round in 2020.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2020 | Funding round | $21.1M | - | - | |
| 2019 | Funding round | $3.5M | - | - | |
| 2016 | Funding round | $750K | - | - |
Founders
Tony Summerville
Founder & Chairman
I'm a passionate software entrepreneur with more than 10 years experience in technology. I've worked at large and small companies, developed and launched products from scratch, and held strategic management roles before starting Fleetio.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
Fleetio serves 6K customers.
Fleetio Employees & Team Size
Fleetio employs approximately 308 people as of 2026, up from 233 in 2023, including 55 sales reps that carry a quota. It serves 6K customers that rely on its solutions.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 308 employees (December 2024) | |
| 2024 | Reached 278 employees (May 2024) | |
| 2023 | Reached 233 employees (September 2023) | |
| 2023 | Reached 212 employees (July 2023) | |
| 2023 | Reached 218 employees (January 2023) | |
| 2022 | Reached 199 employees (January 2022) | |
| 2021 | Reached 143 employees (August 2021) | |
| 2020 | Reached 89 employees (November 2020) |
Frequently Asked Questions about Fleetio
What is Fleetio's revenue?
Fleetio generates $8M in revenue.
Who founded Fleetio?
Fleetio was founded by Tony Summerville.
Who is the CEO of Fleetio?
The CEO of Fleetio is Jon Meachin.
How much funding does Fleetio have?
Fleetio raised $25.4M across 3 rounds.
How many employees does Fleetio have?
Fleetio has 308 employees.
Where is Fleetio headquarters?
Fleetio is headquartered in Birmingham, Alabama, United States.
Compare Fleetio to the industry
Fleetio operates across multiple industries. Browse revenue, funding, and growth data for Fleetio in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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