Powerfleet
NASDAQ: AIOTWoodcliff Lake, US · Founded 2019 · Delaware corporation
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.
Founders & leadership
CL
Catherine LewisinChief Customer Officer
ST
Steve ToweinChief Executive Officer
JB
Jonathan BatesinChief Product Officer
CT
Charles TaskerinChief Revenue Officer
JZ
Jim ZeitunianinChief Technology Officer
OL
Offer LehmanninChief Operating Officer
MI
Melissa IngraminChief Corporate Development Officer
DW
David WilsoninChief Financial Officer and Corporate Secretary
CW
Chris WolfeinChief Executive Officer
NM
Ned MavrommatisinChief Financial Officer
DM
David MahlabinCEO International
MC
Michael CaseyNamed on SEC filing
Reported raises · per SEC filings
Form D private placements$125M disclosed across 2 rounds · 2019–2024
▶$70MraisedOct 2024 · 28 investors · Other TechnologyRule 506(b)
▶$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
▶$55MraisedOct 2019 · 3 investors · TelecommunicationsRule 506(b)
▶$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
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.
In the news
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.
- 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.