# BetterFleet

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/betterfleet

- Industry: Software
- Headquarters: Sydney, Australia
- Website: www.betterfleet.com
- Total disclosed funding: $15M
- Latest round: Series A (Mar 18, 2025)
- Investors on record: 3

## About

BetterFleet provides innovative fleet management software specifically designed for electric vehicles, enhancing cost efficiency and productivity while facilitating the transition to sustainable transportation.BetterFleet specializes in electric vehicle fleet management solutions, focusing on optimizing operations for clients around the globe. Founded in 2016 in Sydney, Australia, the company raised USD 15.00 mn in Series A funding on March 18, 2025, with investments from Aligned Climate Capital, Ecosystem Integrity Fund, and Remarkable Ventures. The founder, whose history in the industry is notable, has previously established successful ventures, which adds to the expertise within BetterFleet's leadership team.BetterFleet specializes in electric vehicle (EV) fleet management software, aimed at optimizing cost efficiency and productivity while simplifying the integration of new technologies. The core offerings include Charge Management Systems (CMS), advanced fleet transition planning tools, and data analytics solutions designed to facilitate sustainable operations. These products empower clients, such as transit bus fleets, government fleets, school bus fleets, and logistics providers, to make informed, data-driven decisions regarding the electrification of their fleets. BetterFleet's platform is noted for its ability to seamlessly integrate with existing data systems, such as HASTUS, providing real-time insights into energy consumption and operational efficiency. The company serves a diverse geographical market, including North America, Europe, and parts of Australia, where clients face challenges in transitioning to zero-emission transportation.BetterFleet generates revenue primarily through subscription-based models for its fleet management software, allowing organizations to access critical tools and services. The typical transaction structure involves annual or monthly subscriptions, which provide clients with comprehensive support in charge management and fleet planning. Clients typically engage in direct contracts for tailored solutions, ensuring that their specific operational needs are met while benefiting from ongoing software updates and support. The company's flagship offerings, particularly in Sustainable Fleet Solutions and Charge Management, cater to the growing demand for electrification in public and private transport sectors, enhancing their revenue potential through partnerships with various fleet operators across multiple regions.In March 2025, BetterFleet raised USD 15.00 mn in Series A funding to support its objectives for future development and expansion throughout North America, Asia-Pacific, and Europe. The company plans to introduce new products focused on enhancing fleet management capabilities for electric vehicles, aiming for release in late 2025. Additionally, BetterFleet is targeting specific markets within Asia-Pacific and Europe for its expansion efforts, leveraging the recent funding to accelerate its growth initiatives.

## Funding rounds

- Series A, Mar 18, 2025, $15M — Ecosystem Integrity Fund, Aligned Climate Capital, Remarkable Ventures

## Investors

- Ecosystem Integrity Fund (https://capitalatlas.ai/funds/ecosystem-integrity-fund) — Series A
- Aligned Climate Capital (https://capitalatlas.ai/funds/aligned-climate-capital) — Series A
- Remarkable Ventures (https://capitalatlas.ai/funds/remarkable-ventures) — Series A