PowerFleet, Inc.
Capital Structure
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in mil. unless spec.Company Description
- CEO
- Steve Towe
- Full Time Employees
- 2,658
- Sector
- Technology services
- Industry
- Packaged software
- Address
- 123 Tice Boulevard Woodcliff Lake NJ United States 07677
- IPO Date
- Jun 30, 1999
- CIK
- 0001774170
- Website
- powerfleet.com
- Similar Companies
- Business
- PowerFleet, Inc. (Nasdaq: AIOT) provides artificial intelligence-of-things (AIoT) software-as-a-service (SaaS) solutions that unify data from mobile assets to deliver actionable insights on safety, utilization, maintenance, compliance, and efficiency; its Unity platform integrates AIoT devices and third-party systems into a data highway powering AI-driven analytics, while SaaS modules offer vehicle telematics, video monitoring, in-warehouse IoT, fuel management, and open APIs for enterprise enhancements. The company serves commercial and government customers in sectors including construction, heavy equipment, distribution, field services, leasing, manufacturing, oil and gas, transportation, logistics, utilities, cold chain, and public safety across North America, Israel, Africa, Europe, the Middle East, Australia, and other international markets. Founded in 1993 and headquartered in Woodcliff Lake, New Jersey, PowerFleet operates globally with offices in the United States, Europe, and beyond. In October 2024, PowerFleet completed its transformative C$200 million acquisition of Fleet Complete, Inc., creating a combined entity with over 2.6 million subscribers, more than C$400 million in annual revenue including C$300 million from recurring SaaS, enhanced North American and European presence, expanded channel partnerships with telecom providers, and integrated AI video solutions to accelerate 20%+ organic growth.
Company News
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D.H. Griffin Automates Operational Compliance with Powerfleet Unity's AI-Powered Connected Intelligence
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Powerfleet to Attend the 19th Annual Barrington Research Virtual Fall Investment Conference
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Powerfleet Launches AI-Powered SafeGuard to Help Australian Operators Predict and Prevent Driver Risk With Advanced AI Video Intelligence
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