GoMetro Raises £9M in Funding

gometro

GoMetro, a South African tech fleet management space company, raised £9M in funding.

The round was led by new investor Zenobē, with participation from FutureGrowth Asset Managers, and existing investors 4 Decades Capital, Hlayisani Capital, Tritech Global, Kalon Venture Partners, ESquared Ventures and Greg Fury.  

The company intends to use the funds to strengthen its software platform to provide fleet operators with more tools for managing and optimising all-electric fleets, and solidify its operations in the UK, EU and South Africa, and expand to the US, Latin America and Australia in the next 12 months. 

Founded in 2014 by civil engineer Justin Coetzee, GoMetro is a B2B SaaS fleet management platform that manages the data streams required for electrification of buses and trucks. With GoMetro Bridge, users gain access to a wide range of telematics-driven features specifically designed to support their transition to all-electric fleets – using their own telematics data to provide an assessment of the fit to expected EV adoption scenarios for a fleet owner.  

FinSMEs

29/11/2023