Idelic
Latest round
- Series B
Last raised
- Mar 2021
Total raised
- $31M
Investors
- 10
About Idelic
Idelic, Inc.Founded in 2016 in Pittsburgh, US, Idelic, Inc. specializes in fleet safety management solutions. Idelic specializes in advanced safety solutions designed specifically for fleet management. Their flagship offering, Safety Suite, integrates seamlessly with existing vendor systems to centralize driver-related data, providing fleet operators with a comprehensive view of their drivers and terminals. The platform addresses key challenges faced by the industry, such as budget constraints for safety programs, data overload, risk management, and coaching efficacy. By equipping fleet managers with actionable insights and step-by-step guidance, Idelic enables proactive measures to prevent accidents and improve compliance.Idelic operates with a subscription-based revenue model, generating income through partnerships with fleet operators who utilize their Safety Suite for enhanced safety management and compliance adherence. Clients typically enter into annual agreements where they pay for access to the platform and its features, including predictive analytics and data management tools. The transactional structure allows for scalable pricing based on the size of the fleet and specific service needs, ensuring that clients can tailor their subscriptions as their operations expand. This model not only facilitates consistent revenue generation but also encourages long-term relationships with customers, who rely on Idelic’s technology to navigate complex safety challenges within their respective industries.
Who invested in Idelic
10 investors across 4 rounds
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Questions about Idelic
Who invested in Idelic?
Idelic has 10 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Idelic raised?
Idelic has raised 4 venture rounds. Sign up free to see how much each round raised and the total.
When did Idelic last raise money?
Idelic's most recent round on record is a Series B, in Mar 2021.
What does Idelic do?
Idelic is a software company.
Where is Idelic headquartered?
Idelic is headquartered in Pittsburgh, US.
Which VCs invest in companies like Idelic?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Idelic's stage. Their profiles are linked below.
VCs backing software startups at Series B
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