Valuation
$18.9M
2024 Revenue
$15.4M
Funding
$0
Team
62
Founded
2013
How FleetUp CEO Ezra Kwak grew 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.
Last updated
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.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | FleetUp Hit $15.4m revenue in June 2024 | |
| 2021 | FleetUp Hit $6.3m revenue in April 2021 | |
| 2013 | Launched 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.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
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.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for FleetUp yet.
FleetUp Employees & Team Size
FleetUp employs approximately 62 people as of 2026, down from 71 in 2023, including 11 sales reps that carry a quota.
| Year | Milestone |
|---|---|
| 2024 | Reached 62 employees (December 2024) |
| 2024 | Reached 71 employees (October 2024) |
| 2023 | Reached 71 employees (September 2023) |
| 2023 | Reached 72 employees (January 2023) |
| 2022 | Reached 83 employees (January 2022) |
| 2021 | Reached 81 employees (August 2021) |
| 2021 | Reached 75 employees (April 2021) |
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.
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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