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GoMetro, a South African tech company specialising in fleet management, has secured £9 million in Series A funding to accelerate its mission of digitising heavy-duty commercial transport operations and developing a state-of-the-art fleet management platform for electric vehicles. The funding round was led by Zenobē, a global EV fleet and grid-scale battery storage specialist, with significant participation by FutureGrowth Asset Managers, a leading South African investment firm.
Navigating the Competitive Landscape of Heavy-Duty Transport
Fleet owners in the bus and truck sectors face intense competition, and embracing data-driven decision-making systems is crucial to stay ahead of the curve. GoMetro’s Bridge platform empowers operators to better manage fleet utilisation, optimise resources, reduce risk, and enhance customer satisfaction, providing a competitive edge in the ever-changing market.
Addressing the Challenges of Electric Vehicle Integration
The landscape of heavy goods vehicle electrification is rapidly evolving, with Original Equipment Manufacturers (OEMs) introducing electric vehicle (EV) models in big bus and truck models. However, integrating EVs into predominantly diesel fleets presents challenges related to business continuity and managing data streams from telematics, battery management systems, and charger management systems.
GoMetro Bridge: A Unified Platform for EV Fleet Management
GoMetro’s Bridge cloud-based platform seamlessly integrates EV data streams, providing users with a wide range of telematics-driven features specifically designed to support their transition to all-electric fleets. Additionally, GoMetro Bridge assesses the fit of expected EV adoption scenarios for fleet owners, guiding their transition to electrification.
Fueling Innovation with Strategic Partnerships
GoMetro’s Series A funding will strengthen its software platform and introduce new functionalities to align with the evolving needs of the industry. Zenobē’s expertise in EV fleet management and grid-scale battery storage will be invaluable as GoMetro expands its platform to support more EV models and data sources.
Expanding Global Reach and Impact
GoMetro plans to utilise the funding to solidify its operations in the UK, EU, and South Africa while expanding to the US, Latin America, and Australia in the next 12 months. Partnerships with businesses, governments, and organisations committed to sustainable transportation solutions will be crucial in this expansion.