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How FleetUp CEO Ezra Kwak grew FleetUp to $15.4M revenue with a 62 person team in 2024.

Developer of a fleet management tool designed to provide service and distribution companies with unprecedented insight into their operations. The company's tool monitors all vehicles and drivers of service and distribution companies, online and in real time using an OBD device, empowering them with actionable data to optimize the efforts, enabling drivers to maximize profitability, improve driver safety to comply with current and upcoming regulations more effectively.

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FleetUp Revenue

In 2024, FleetUp's revenue reached $15.4M. The company previously reported $6.3M in 2021. Since its launch in 2013, FleetUp has shown consistent revenue growth.

FleetUp Revenue GrowthReported revenue / ARR by year$0$4M$8M$12M$16M$20M2013201520172019202120232024$0$6M$15MSource: GetLatka.com
YearMilestone
2024FleetUp Hit $15.4m revenue in June 2024
2021FleetUp Hit $6.3m revenue in April 2021
2013Launched with $0 revenue

FleetUp Valuation, Funding Rounds

FleetUp's most recent disclosed valuation is $18.9M.

FleetUp is a bootstrapped IoT Analytics Platforms startup. Founded in 2013, FleetUp has grown to $15.4M in revenue without raising any venture capital or outside funding.

As a self-funded IoT Analytics Platforms SaaS company, FleetUp has built its business with no outside investment.

FleetUp Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120132013 cumulative: $0 • 2013 Founded: $02013 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

FleetUp Employees & Team Size

FleetUp employs approximately 62 people as of 2026, down from 71 in 2023.

FleetUp has 62 total employees in different roles and functions and 11 sales reps that carry a quota.

FleetUp Team GrowthReported headcount over time0204060801002013201520172019202120232024006262Source: GetLatka.com
YearMilestone
2024Reached 62 employees (December 2024)
2024Reached 71 employees (October 2024)
2023Reached 71 employees (September 2023)
2023Reached 72 employees (January 2023)
2022Reached 83 employees (January 2022)
2021Reached 81 employees (August 2021)
2021Reached 75 employees (April 2021)

Founder / CEO

Ezra Kwak

Ezra Kwak has over 15 years experience in all levels of product development for Industrial IoT Solutions with wireless sensor devices, cloud systems, Big Data processing and mobile applications. He also led the development of GPS tracking, RFID, and mobile payment systems for previous companies. As CTO, he provides product vision and technicaldirection across the company in the area of product design, architectures, software engineering, and innovation. He works with a diverse set of technology leaders and partners in Silicon Valley to drive practical innovation and strategic positioning. He is also heavily involved in business development, providing technical support leadership as needed for the product development side of the business.

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Customers

We do not have customer count information for FleetUp yet.

Frequently Asked Questions about FleetUp

What is FleetUp's revenue?

FleetUp generates $15.4M in revenue.

Who founded FleetUp?

FleetUp was founded by Ezra Kwak.

Who is the CEO of FleetUp?

The CEO of FleetUp is Ezra Kwak.

How much funding does FleetUp have?

FleetUp raised $0.

How many employees does FleetUp have?

FleetUp has 62 employees.

Where is FleetUp headquarters?

FleetUp is headquartered in San Jose, California, United States.

Compare FleetUp to the industry

FleetUp operates across multiple industries. Browse revenue, funding, and growth data for FleetUp in each sector below.

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 .