Via, a provider of digital infrastructure for public mobility systems, has acquired Israel-based fleet management software producer Fleetonomy for an undisclosed amount, allowing automotive manufacturer Porsche to exit.
Founded in 2017, Fleetonomy provides software that helps organise and oversee fleets of vehicles. Porsche uses the technology to optimise its fleet and corporate venturing unit Porsche Ventures lists Fleetonomy as a portfolio company.
Fleetonomy raised $3m in a 2018 round led by Singapore state-backed investment firm Vertex Ventures, with participation from Kardan Ventures and VectoIQ, a special purpose acquisition company (SPAC) led by Steve Girsky, former vice-chairman of carmaker General Motors.
The acquisition follows $200m of series E financing for Via from holding group Exor in March this year at a $2.25bn valuation.
