# GoMetro Proprietary

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/gometro-proprietary

- Industry: Software
- Headquarters: London, UK
- Website: www.gometroapp.com
- Total disclosed funding: $12M
- Latest round: Series A (Nov 29, 2023)
- Investors on record: 8

## About

Based in London, UK, GoMetro Proprietary Limited specializes in fleet management solutions, delivering a unified telematics platform that enhances operational efficiency for diverse industries.Founded in 2014 in London, UK, GoMetro Proprietary Limited provides advanced telematics solutions aimed at improving fleet management. The company has engaged in 5 notable deals, with its most recent funding round taking place on October 18, 2024, when it raised GBP 147,000 through a GRANT from Vehicle Security Innovators, LLC. The total amount raised by the company to date is GBP 9.000 mn. Justin Coetzee, the founder, has been pivotal in steering the company's direction since its inception.GoMetro's core offering is the GoMetro Bridge, a unified telematics platform designed to streamline fleet management for businesses across various industries. This platform consolidates data from multiple telematics providers, enabling real-time vehicle visibility and advanced analytics through a single interface. It serves clients across logistics, transportation, and mining sectors, enhancing operational efficiency by providing insights into vehicle performance, route optimization, and compliance management. Features include integration capabilities with existing systems, real-time reporting, and comprehensive data security. GoMetro Bridge operates in North America, Europe, and parts of Asia, catering to businesses seeking integrated fleet management solutions.GoMetro operates on a subscription-based revenue model, allowing pricing to be tailored to fleet size and integration needs. The onboarding process typically lasts 30 days, during which clients receive training and technical support. Revenue is generated from subscriptions for the GoMetro Bridge platform along with ongoing technical assistance and access to advanced features. Though specific pricing details are undisclosed, the subscription model enables businesses to manage costs effectively based on their operational requirements. The company also provides 24/7 customer support services to enhance client retention and stability in revenue streams.In October 2024, GoMetro Proprietary Limited raised GBP 147,000 in grant funding from Vehicle Security Innovators, LLC. The company plans to utilize this funding to support its growth strategy and execute trials aimed at enhancing its service offerings. Future initiatives include the development of new products and potential expansion into additional geographic markets, although specific regions and product timelines have not been disclosed.

## Funding rounds

- Series A, Nov 29, 2023, $11M — Futuregrowth Asset Management, 4 Decades Capital, Kalon Venture Partners, Hlayisani Capital, Zenobe Energy, E Squared Investments, Tritech Global
- Seed, May 5, 2022, $1M — 4 Decades Capital, Kalon Venture Partners, Hlayisani Capital, E Squared Investments, Tritech Global
- Seed, Jun 2, 2014 — AngelHub Ventures, 4 Decades Capital

## Investors

- AngelHub Ventures (https://capitalatlas.ai/funds/angelhub-ventures) — Seed
- 4 Decades Capital — Seed, Series A
- Kalon Venture Partners (https://capitalatlas.ai/funds/kalon-venture-partners) — Seed, Series A
- Hlayisani Capital (https://capitalatlas.ai/funds/hlayisani-capital) — Seed, Series A
- E Squared Investments — Seed, Series A
- Tritech Global (https://capitalatlas.ai/funds/tritech-global) — Seed, Series A
- Futuregrowth Asset Management (https://capitalatlas.ai/funds/futuregrowth-asset-management) — Series A
- Zenobe Energy — Series A