Who are PowerFleet's investors?

PowerFleet's investors include ABRY Partners.

How much funding has PowerFleet raised?

PowerFleet has disclosed $125M raised across 2 rounds.

Where is PowerFleet headquartered?

PowerFleet is headquartered in Woodcliff Lake, US.

PowerFleet

NASDAQ: AIOT

Woodcliff Lake, US · Founded 2019 · Delaware corporation · 1 known investors

Find your way into PowerFleet

1,325 people in our graph share verified history with the PowerFleet team — schools, employers, funds. One of them is your warm intro.

Toby Brzoznowskiunlockedknows Jim Zeitunian · together at Coupa Software (overlapped)

knows the team · via Dimension Data

×5knows the team · via Ooyala

×2knows the team · via PSA Peugeot Citroën

×3knows the team · via Technion

Powerfleet offers Unity, an AI- and IoT-powered platform that consolidates fleet and warehouse data from any device or vendor into a single system for real-time visibility, safety, and compliance. It serves material handling, manufacturing, and logistics organizations managing on-road vehicles and warehouse equipment.

AI & Machine Learning IoT Logistics & Supply Chain

Founders & leadership

Catherine Lewis Chief Customer Officer, TechnologyShe brings over 25 years of experience in information technology and services, with background in SaaS product management, customer operations, business strategy, and organizational leadership across publicly listed companies and globally distributed teams.

Steve Towe Chief Executive OfficerHe has over 25 years of experience leading international SaaS, IoT, and cloud-based technology companies across public, private, and private equity-backed organizations, with a background in acquisitions and business integration.

Jonathan Bates Chief Marketing OfficerHe previously worked in fleet telematics and connected fleet SaaS, with experience in product marketing, product management, and business development across multiple industries.

Charles Tasker Chief Revenue Officer2024–2025Charles Tasker founded DataPro in 1986, which was acquired by Control Instruments in 1996. He subsequently served as managing director of Control Instruments' fleet management division OmniBridge, which was acquired by TeliMatrix in 2007 and integrated with Matrix Vehicle Tracking to create MiX Telematics. He now serves as Chief Revenue Officer at Powerfleet.

Jim Zeitunian Chief Technology Officer2022–2025Previously, he served as Vice President of Engineering at a SaaS provider specializing in business spend management, where he oversaw teams delivering supply chain and financial risk assessment products.

Offer Lehmann Chief Operating OfficerOffer Lehmann is Chief Operating Officer of Powerfleet and has spent over two decades in operations, business development, and customer management across SaaS, IoT, industrial technology, and global manufacturing, including roles in supply chain, procurement, M&A integration, and business systems at NASDAQ-listed technology companies.

Melissa IngramChief Corporate Development Officer

David Wilson Chief Financial OfficerDavid Wilson is Chief Financial Officer and Corporate Secretary at Powerfleet, an AI- and IoT-powered platform that consolidates fleet and warehouse data for real-time visibility and compliance. He has held senior finance roles managing capital raises exceeding $1 billion in public markets and $200 million in private markets, with experience in mergers and acquisitions.

Chris Wolfe Chief Executive Officer2016–2022He has held global leadership roles in technology-driven product organizations, with experience developing SaaS, IoT, and telemetry solutions, and has served as a board member and president of arts non-profits and founded an energy independence non-profit.

Ned Mavrommatis Chief Financial Officer2019–2022Ned Mavrommatis has held CFO positions at public companies and high-growth technology firms spanning IoT, wireless M2M, RFID, enterprise mobility, and business intelligence, with expertise in strategic planning, operational improvements, investor relations, M&A, and public offerings.

David MahlabBoard Member2019–2022

Michael CaseyNamed on SEC filing

Investors · 1

ABRY Partnerslisted by ABRY PartnersBoston · $20M – $200M

How we know: ABRY Partners's portfolio page · Not right? Tell us

Reported raises · per SEC filings

Form D private placements

$125M disclosed across 2 rounds · 2019–2024

▶$70MraisedOct 2024 · 28 investors · Other Technology

Rule 506(b)

Officers, directors & promoters on the filing

Catherine LewisExecutive Officer
Steve ToweExecutive Officer, Director
Jonathan BatesExecutive Officer
Ian JacobsDirector
Charles TaskerExecutive Officer
Jim ZeitunianExecutive Officer
Offer LehmannExecutive Officer
Melissa IngramExecutive Officer
Andrew MartinDirector
David WilsonExecutive Officer
Michael McConnellDirector
Michael BrodskyDirector

Offering amount: $70M
Amount sold: $70M
Sales commissions: $3.5M
Placement agents: FirstRand Bank Limited, Barrington Research Associates Inc., Craig Hallum Capital Group LLC, William Blair & Company, L.L.C., Roth Capital Partners, LLC
First sale: Oct 2024
Incorporated: Corporation, Delaware
Federal exemptions: 06b

Full filing on SEC EDGAR ↗

▶$55MraisedOct 2019 · 3 investors · Telecommunications

Rule 506(b)

Officers, directors & promoters on the filing

Chris WolfeExecutive Officer, Director
Ned MavrommatisExecutive Officer
David MahlabExecutive Officer, Director
Michael CaseyDirector
Michael BrodskyDirector
Anders BjorkDirector
John HuntDirector
Charles FrumbergDirector

Offering amount: $55M
Amount sold: $55M
First sale: Oct 2019
Incorporated: Corporation, Delaware, 2019
Federal exemptions: 06b

Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 9

by search overlap

Motive237 shared keywordsMotive provides connectivity and automation software for the physical economy, including AI-powered dashcams, omnicams, and telematics solutions for fleet management and logistics operations.

Geotab196 shared keywordsGeotab is a global provider of connected vehicle and asset telematics platforms that deliver AI-powered insights and fleet management solutions. The company serves enterprises, public-sector organizations, and fleet operators by processing billions of daily data points to improve safety, productivity, and sustainability across their operations.

Fleetmatics108 shared keywordsVerizon Connect offers fleet management technology that helps trucking fleets comply with U.S. Department of Transportation (DOT) regulations. Its solutions are aimed at commercial trucking operations managing safety and regulatory compliance.

Teletrac107 shared keywordsTeletrac Navman develops a connected platform for fleet management that helps businesses reduce environmental impact, improve safety, and optimize operations while managing mobile assets. The company serves large and small businesses seeking to streamline operations, lower fuel costs and emissions, and enhance driver and public safety.

Samsara100 shared keywordsSamsara develops an operations management platform that digitizes workflows and improves safety, efficiency, and sustainability for organizations managing complex physical operations, serving customers in construction, transportation, warehousing, field services, manufacturing, retail, logistics, and the public sector.

Toolsense75 shared keywordsToolSense offers a horizontal asset management and maintenance platform built on IoT connectivity, serving facility management, construction, logistics, and hospitality operators. Its product includes purpose-built modules for asset management, robotics, fleet, safety, quality/SLAs, frontline tasks, and CAFM, plus a cleaning machine database and a service network connecting OEMs, dealers, and operators.

Freight Waves72 shared keywordsFreightWaves is a news and editorial publication covering logistics, supply chains, and freight transportation sectors.

Linxup68 shared keywordsLinxup provides GPS fleet-tracking and safety software delivered through a single app for managing vehicles, equipment, and field crews. It serves small and mid-sized businesses across North America, from single-vehicle contractors to 100-vehicle fleets.

AlienVault64 shared keywordsAT&T is a telecommunications provider offering wireless mobile plans, smartphones, and related connectivity services to consumers. It sells devices such as the Samsung Galaxy line alongside mobile phone plans and switching offers.

Companies competing with PowerFleet for the same Google search keywords, organic and paid, via search-intersection analysis.

Frequently asked questions

What does PowerFleet do?: Powerfleet offers Unity, an AI- and IoT-powered platform that consolidates fleet and warehouse data from any device or vendor into a single system for real-time visibility, safety, and compliance. It serves material handling, manufacturing, and logistics organizations managing on-road vehicles and warehouse equipment.
Who are PowerFleet's investors?: PowerFleet's investors include ABRY Partners.
How much funding has PowerFleet raised?: PowerFleet has disclosed $125M raised across 2 rounds.
Where is PowerFleet headquartered?: PowerFleet is headquartered in Woodcliff Lake, US.