Birmingham startup Fleetio raises $3.5 million in growth capital

Birmingham, Fleetio
Tony Summerville, CEO of Fleetio, with friends. Photo via Fleetio

Fleetio—one of Birmingham’s fastest-growing companies—has completed another funding round, raising $3.5 million in growth capital.

The Deets on Fleetio

Fleetio is a software company that provides companies, big and small, with everything they need to manage a fleet of cars, trucks, vans, semis, trucks, heavy equipment and so on. 

Birmingham, Fleetio
Tony Summervile, CEO of Fleetio. Photo via Fleetio

Starting in the tech incubator of Innovation Depot, Fleet officially left the nest in 2017—and boy did they fly! They are officially one of Birmingham’s fastest-growing companies. 

“I’m very excited about the raise… for what it means for Fleetio and also Birmingham. We plan to keep growing fast and doing more of what has gotten us this far.”

Tony Summerville, CEO, Fleetio

Who are the investors?

The answer to this is being held on the DL. While Summerville has yet to release the exact investors, he has revealed that some are local and include certain individuals involved in previous funding rounds in 2016, along with brand new individuals. 

Birmingham, Fleetio
Workers at Fleetio in Birmingham. Photo via Fleetio

Their Plans

What does Fleetio intend to do with all that dough?

  1. Expand its downtown headquarters.
  2. Double the company’s employment base.

A larger working space and more employees? Sounds like a win for Fleetio and Birmingham!

“As we continue to grow, we’re proud to be one of the next great tech companies built in Birmingham. We have an incredible team today, and we look forward to adding more talented people to help achieve our vision.”

Tony Summerville, CEO, Fleetio
Birmingham, Fleetio
Growth shown in a cake at Fleetio in Birmingham. Photo via Fleetio

As Fleetio accelerates their hiring pace, they will be primarily looking to fill positions in the the areas of:

  • Sales
  • Engineering
  • Support
  • Marketing
  • Product management
  • Customer service

Did you check out Bham Now’s Tuesday job posts lately? Looks like Fleetio is already hiring!

You can find Fleetio at 1900 2nd Ave N., Birmingham, AL 35203.

Patience Itson
Patience Itson
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