Who founded Rarestep?

Rarestep was founded by Anthony Summerville in 2020.

Who are Rarestep's investors?

Rarestep's investors include Elephant Partners.

How much funding has Rarestep raised?

Rarestep has disclosed $623.3M raised across 4 rounds.

Where is Rarestep headquartered?

Rarestep is headquartered in Birmingham, US.

Rarestep

Birmingham, US · Founded 2020 · Delaware corporation · 1 known investors

Founders & leadership

Rarestep was founded in 2020 by Anthony Summerville.

Anthony SummervilleFounder

Matt D. MandelExecutive

Meachin JonNamed on SEC filing

Jonathan SidesNamed on SEC filing

Board

Christopher De Souza inBoard directorPartner at Elephant Partners

Brendon HardinBoard director

Jack Connolly inBoard directorPartner at Elephant Partners

Lee Styslinger IIIBoard director

Jeremiah Daly in 𝕏Board directorGeneral Partner at Elephant Partners

Investors · 1

Elephant PartnersreportedBostonvia Christopher De Souza · board

Reported raises · per SEC filings

Form D private placements

$623.3M disclosed across 4 rounds · 2019–2025

▶$454MraisedApr 2025 · 5 investors · Other Technology

Rule 506(b)

Officers, directors & promoters on the filing

Christopher De SouzaDirector
Brendon HardinDirector
Jack ConnollyDirector
Lee Styslinger IIIDirector
Anthony SummervilleDirector
Meachin JonExecutive Officer
Matt D. MandelExecutive Officer
John ConnollyDirector
Jeremiah DalyDirector

Offering amount: $454M
Amount sold: $454M
First sale: Mar 2025
Incorporated: Corporation, Delaware, 2020
Federal exemptions: 06b

Full filing on SEC EDGAR ↗

▶$144.7MraisedMay 2023 · 4 investors · Other Technology

Rule 506(b)

Officers, directors & promoters on the filing

Anthony SummervilleExecutive Officer, Director
Jonathan D. SidesExecutive Officer
Jeremiah DalyDirector

Offering amount: $144.7M
Amount sold: $144.7M
First sale: May 2023
Incorporated: Corporation, Delaware, 2020
Federal exemptions: 06b

Full filing on SEC EDGAR ↗

▶$21.1MraisedNov 2020 · 7 investors · Other Technology

Rule 506(b)

Officers, directors & promoters on the filing

Anthony SummervilleExecutive Officer, Director
Jonathan D. SidesExecutive Officer
Jeremiah DalyDirector

Offering amount: $21.1M
Amount sold: $21.1M
First sale: Oct 2020
Incorporated: Corporation, Delaware, 2020
Federal exemptions: 06b

Full filing on SEC EDGAR ↗

▶$3.5MraisedMar 2019 · 7 investors · Other Technology

Rule 506(b)

Officers, directors & promoters on the filing

Jonathan SidesExecutive Officer
Anthony SummervilleExecutive Officer, Director

Offering amount: $3.5M
Amount sold: $3.5M
Minimum investment: $25K
First sale: Mar 2019
Incorporated: Corporation, Alabama
Federal exemptions: 06b

Full filing on SEC EDGAR ↗

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

In the news

Rarestep, Inc. - Fleet Management Software-as-a-Service (SaaS) | Tiny Tech Fundtinytechfund.com · Apr 2025

Fleetio Raises Over $450 Million in Series D | The SaaS Newsthesaasnews.com · Mar 2025

Rarestep dba Fleetio has filed a notice of an exempt offering of securities to raise $144,688,691.00 in New Equity Investment. - intelligence360intelligence360.news · Jun 2023

Frequently asked questions

Who founded Rarestep?: Rarestep was founded by Anthony Summerville in 2020.
Who are Rarestep's investors?: Rarestep's investors include Elephant Partners.
How much funding has Rarestep raised?: Rarestep has disclosed $623.3M raised across 4 rounds.
Where is Rarestep headquartered?: Rarestep is headquartered in Birmingham, US.