GPS Insight, a Scottsdale, AZ-based provider of SaaS-based fleet management software, received an investment from Bregal Sagemount.
The amount of the deal was not disclosed. Bregal Sagemount’s Phil Yates and Michael Kosty will join the GPS Insight board.
The company intends to use the funds to further expand its solutions and its market reach.
Led by Rob Donat, founder and CEO, GPS Insight is a technology provider of tailored GPS tracking and ELD solutions for businesses and government agencies with fleets of vehicles and other mobile assets. The company’s solutions include a wide range of customized reports, alerts, and other innovative features that can be tailored to meet specific customer requirements.