Rarestep

Website

Rarestep, Inc.

5 Investors
Fleet Management Software-as-a-Service (SaaS)
BIRMINGHAM, AL

Rarestep, Inc., based in Birmingham, Alabama, provides businesses with a comprehensive, cloud-based fleet management solution called Fleetio. Fleetio addresses the challenges of managing vehicle and equipment fleets efficiently by replacing traditionally inefficient management systems, ultimately saving costs and improving productivity.

Products & Team

Fleetio

Fleet Management SaaSSeed

Fleetio is a web-based fleet management software platform designed to streamline fleet operations and improve efficiency. The platform centralizes fleet data and automates key processes, providing businesses with better visibility and control over their vehicles and equipment.

Value Proposition

Fleetio solves the problem of inefficient fleet management by providing a single, integrated platform to track and manage all aspects of a fleet, reducing downtime and improving cost control.

Pain Points

Inefficient fleet management, lack of visibility, high maintenance costs, compliance challenges, and unplanned breakdowns

Tracking inspections, preventative maintenance schedules, and work ordersAutomating fleet maintenance workflowsManaging parts inventories, fuel costs, and vehicle registrationsGenerating actionable reports and insights to optimize asset utilization and operating costs
Industry
Other Technology
Primary business sector
Founded
2025
Year established
Location
BIRMINGHAM, AL
Primary headquarters

Funding History

Total Raised:
$454.0M
E

Equity Offering

Closed
March 2025
$454.0M
Raised
Progress
100%
Raised
$454.0M
Target
$454.0M
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