# Autofleet Systems

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/autofleet-systems

- Industry: Software
- Headquarters: Tel Aviv, Israel
- Website: www.autofleet.io
- Total disclosed funding: $30M
- Latest round: Series B (Oct 28, 2021)
- Investors on record: 8

## About

Based in Tel Aviv, Israel, and founded in 2018 by CEO Kobi Eisenberg, CTO Dor Shay, and Avraham Hauben, Autofleet Systems Ltd., a.k.a. Autofleet is a technology company specializing in optimizing fleet operations for various transportation sectors, including taxi and ridesharing, delivery, logistics, and micromobility. In August 2024, Element Fleet Management Corp. agreed to acquire Autofleet Systems Ltd. from Maniv Mobility, MizMaa Ventures, Liil Ventures, Next Gear Ventures, Goodyear Ventures, and Fujitsu Ventures for USD 110 million.

Autofleet offers an end-to-end software platform that automates vehicle lifecycle management, maximizes fleet utilization, and reduces downtime. The company's platform supports on-demand ride services, fleet electrification, and operational simulations, allowing businesses to accurately predict key performance indicators (KPIs) and plan for fleet expansion or electrification. Autofleet's key products include a fleet planning simulator that helps organizations design optimal fleet strategies and tools for fleet electrification, offering total cost of ownership (TCO) analysis and optimal charging infrastructure planning.

## Funding rounds

- Series B, Oct 28, 2021, $20M — Maniv Mobility, MizMaa Ventures, Next Gear Ventures, Keyframe Capital Partners, Goodyear Ventures, Fujitsu Ventures
- Series A, Apr 16, 2020, $7.5M — Maniv Mobility, MizMaa Ventures, Liil Ventures, Next Gear Ventures
- Seed, Apr 1, 2018, $2M — Maniv Mobility, DRIVE TLV

## Investors

- Maniv Mobility (https://capitalatlas.ai/funds/maniv-mobility) — Seed, Series A, Series B
- DRIVE TLV — Seed
- MizMaa Ventures (https://capitalatlas.ai/funds/mizmaa-ventures) — Series A, Series B
- Liil Ventures (https://capitalatlas.ai/funds/liil-ventures) — Series A
- Next Gear Ventures (https://capitalatlas.ai/funds/next-gear-ventures) — Series A, Series B
- Keyframe Capital Partners — Series B
- Goodyear Ventures (https://capitalatlas.ai/funds/goodyear-ventures) — Series B
- Fujitsu Ventures (https://capitalatlas.ai/funds/fujitsu-ventures) — Series B