Company Overview
Snapshot
Founded in March 2004 by Hod Freishman and Ofer Raz, GreenRoad Technologies operates with 51–200 employees. The company has raised a total of $98.9 million across 7 funding rounds from 7 investors. In July 2021, the company announced plans for a TASE IPO, signaling a potential shift in its capital structure and market presence.
Business overview
GreenRoad Technologies provides fleet management solutions with a strong emphasis on driver safety for commercial fleets. The company's core technology includes real-time driver coaching, alerts for risky driving maneuvers, and predictive driver and vehicle analytics. Its mobile app-based platform serves thousands of mobile workforce, oil, and gas industry drivers globally, enabling customers to include contractors and temporary workers within their safe driving programs. GreenRoad operates within the Automotive & Mobility Technologies sector, focusing on connected vehicles, smart mobility, and eco-efficient mobility optimization.
Strategic signal
In July 2021, GreenRoad Insights announced its plans for an IPO on the Tel Aviv Stock Exchange. This move indicates the company's strategic intent to access public markets for further growth and expansion, providing a strong signal of maturity and investor confidence in its driver safety and fleet management solutions.
Log in to access full profile ›Company Intelligence Q&A
- What is GreenRoad Technologies' primary focus?
- GreenRoad Technologies primarily focuses on providing fleet management solutions with a strong emphasis on driver safety for commercial fleets, aiming to reduce incidents, fuel consumption, and maintenance expenses.
- When was GreenRoad Technologies founded and by whom?
- GreenRoad Technologies was founded in March 2004 by Hod Freishman and Ofer Raz.
- What significant corporate development did GreenRoad Technologies announce in July 2021?
- In July 2021, GreenRoad Insights announced its plans for an Initial Public Offering (IPO) on the Tel Aviv Stock Exchange.
- Which companies has GreenRoad Technologies partnered with recently?
- In September 2020, GreenRoad Technologies partnered with insurance software company Sapiens. In January 2020, GreenRoad also partnered with Otonomo to help fleets reduce road risk.
- Which investors participated in GreenRoad Technologies' funding rounds?
- GreenRoad Technologies has received funding from investors including IGP - Israel Growth Partners.