PowerFleet

PowerFleet provides wireless IoT solutions to track and manage industrial trucks, tractor-trailers and truck fleets. Read more

551 Followers on Owler
551 Followers on Owler
551 Followers on Owler
551 Followers on Owler

PowerFleet

PowerFleet provides wireless IoT solutions to track and manage industrial trucks, tractor-trailers and truck fleets. Read more

Chris Wolfe's photo - CEO of PowerFleet

CEO

Chris Wolfe

CEO Approval Rating

77/100

Founded:

1993

Status:

PublicIndependent CompanyNASDAQPWFL

POWERFLEET TOP COMPETITORS OR ALTERNATIVES

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COMPANY

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GEM ONE Corp is a top competitor of PowerFleet. GEM ONE Corp was founded in Prospect, Kentucky} in null. GEM ONE Corp competes in the industry. Compared to PowerFleet, GEM ONE Corp generates $ less revenue.

TotalTrax is PowerFleet's #2 competitor. TotalTrax is headquartered in New Castle, Delaware, and was founded in null. TotalTrax operates in the industry. TotalTrax generates 3.57% the revenue of PowerFleet.

Speedshield Technologies Pty. Ltd. has been one of PowerFleet's top competitors. Speedshield Technologies Pty. Ltd. is a Private company that was founded in null in Clayton, Virgin Island. Speedshield Technologies Pty. Ltd. operates in the industry. Compared to PowerFleet, Speedshield Technologies Pty. Ltd. has 242 fewer employees.

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PowerFleet Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$113.6M

PowerFleet's revenue is the ranked 4th among it's top 10 competitors. The top 10 competitors average 162.5M. Over the last four quarters, PowerFleet's revenue has decreased by 4.5%. Specifically, in Q4 2020's revenue was $29.4M; in Q3 2020, it was $27.6M; in Q2 2020, it was $25.8M; in Q1 2020, PowerFleet's revenue was $30.8M.

PowerFleet Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
CarrierWeb Group of Companies

Jan 2019

Source »
undisclosed
CarrierWeb provides real-time in-cab mobile communication, electronic logging, trailer tracking and fleet management solutions.
Keytroller, Inc.

Jul 2017

Source »
$9M
Keytroller is a manufacturer and marketer of electronic products for managing forklifts, construction vehicles and industrial equipment.
Daprosystems, Inc.

Apr 2015

Source »
undisclosed
-

-

Asset Intelligence, LLC

Jan 2010

Source »
undisclosed
-

-

PowerKey

Apr 2008

Source »
undisclosed
-

These are all the companies that PowerFleet has acquired. PowerFleet has acquired 5 companies and its latest acquisition was CarrierWeb Group of Companies in Jan 2019. CarrierWeb provides real-time in-cab mobile communication, electronic logging, trailer tracking and fleet management solutions.

PowerFleet Funding History

Since PowerFleet was founded in 1993, it has participated in 1 round of funding. In total PowerFleet has raised $14.0M. PowerFleet's funding round was on Jun 1999 for a total of $14.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

IPO
Jun 1999
$14M
-

Since PowerFleet was founded in 1993, it has participated in 1 round of funding. In total PowerFleet has raised $14.0M. PowerFleet's funding round was on Jun 1999 for a total of $14.0M

PowerFleet Investments

No recent investments found related to PowerFleet

These are all the companies that PowerFleet has invested in. PowerFleet has invested 5 companies and its latest investment was CarrierWeb Group of Companies in Jan 2019. CarrierWeb provides real-time in-cab mobile communication, electronic logging, trailer tracking and fleet management solutions.

PowerFleet News

February 9, 2021Benzinga

PowerFleet Sets Fourth Quarter and Full Year 2020 Conference Call for Thursday, February 25, 2021 at 8:00 a.m. ET

WOODCLIFF LAKE, N.J., Feb. 09, 2021 (GLOBE NEWSWIRE) -- PowerFleet, Inc. (NASDAQ:PWFL), a global lead... See more »
February 3, 2021Markets Insider

Panhandle Transportation Group Selects PowerFleet to Improve Visibility and Temperature Control

WOODCLIFF LAKE, N.J., Feb. 03, 2021 (GLOBE NEWSWIRE) -- PowerFleet, Inc. (Nasdaq: PWFL), a global lea... See more »
February 2, 2021Philadelphia Citybizlist

PowerFleet Closes Underwritten Public Offering

January 5, 2021FreightWaves

Nucor deploys PowerFleet telematics for safer steel-manufacturing warehouses

Nucor Tubular Products and PowerFleet on Tuesday announced a partnership.... See more »

PowerFleet Blogs

August 24, 2018I.D. Systems Blog

Forklift Fun Fact: Rental Forklift Missing for 10 Years

Industrial truck management systems pay for themselves in many ways. For example, by providing contro... See more »
August 21, 2018I.D. Systems Blog

Turn Data into Dollars with Forklift Analytics

Material handing is a major cost center, and data is key to cutting costs. But how can you actually t... See more »
August 17, 2018I.D. Systems Blog

Forklift Fun Fact: How to Reduce Forklift Accidents

One of the most common problems with industrial truck fleets is the cost of lift truck accidents. Dam... See more »
August 14, 2018I.D. Systems Blog

Big Data Drives Forklift Labor Efficiency

Labor is a huge variable cost, often over half the operating budget. And the Bureau of Labor Statisti... See more »
August 10, 2018I.D. Systems Blog

Forklift Fun Fact: World's Smallest Forklift

After looking at the biggest lift a forklift ever made, we thought we should give equal time to the w... See more »
August 7, 2018I.D. Systems Blog

Friendship Day Shout-out to a Special Forklift Friend

August 5th was Friendship Day, a global event made official by the United Nations in 2011. So we'd li... See more »
August 3, 2018I.D. Systems Blog

Forklift Problem of the Month: Forklift Drivers Avoid Work

Workers are usually productive. But we've seen quite a few labor issues in material handling. And hea... See more »

PowerFleet Press Releases

February 1, 2021GlobalNewswire

Israeli Pharmaceutical and Food Market Powered by PowerFleet Subsidiary Pointer Telocation's IoT Solutions

Enabling Smarter, Safer, and More Efficient Pharmaceutical Distribution Enabling Smarter, Safer, and ... See more »
January 6, 2021GlobeNewswire

PowerFleet to Present at the 23rd Annual Needham Growth Conference on January 13, 2021

WOODCLIFF LAKE, N.J., Jan. 06, 2021 (GLOBE NEWSWIRE) -- PowerFleet, Inc. (NASDAQ: PWFL), a global lea... See more »
December 7, 2020StreetInsider

PowerFleet Subsidiary Pointer Telocation Enables Internet of Things (IoT) Defibrillators in Israel

WOODCLIFF LAKE, N.J., Dec. 07, 2020 (GLOBE NEWSWIRE) --...... See more »
October 20, 2020GlobalNewswire

Kautex Taps PowerFleet Telematics for Safer, More Sustainable Production

PowerFleet VAC4 to be Deployed Globally Through 2021 PowerFleet VAC4 to be Deployed Globally Through ... See more »
October 9, 2020GlobeNewswire

Ryder Selects PowerFleet for Industrial to Secure North American Supply Chain Operations

WOODCLIFF LAKE, N.J., Oct. 09, 2020 (GLOBE NEWSWIRE) -- PowerFleet, Inc. (Nasdaq: PWFL), a global lea... See more »
August 5, 2020GlobeNewswire

The French Red Cross Selects Cellocator by PowerFleet for COVID-19 Humanitarian Response

The French Red Cross Leveraged Cellocator by PowerFleet Solution to Track and Manage the Shipment of ... See more »
August 3, 2020GlobalNewswire

Day & Ross Turns to PowerFleet for Solar Powered Tracking Technology

Leading Trucking Company to be Equipped with PowerFleet LV-500 and PowerFleet LV-710Leading Trucking ... See more »

PowerFleet Videos

Social Media

PowerFleet Headquarters

123 Tice Boulevard Suite 101

Woodcliff Lake, New Jersey07677

1-201-996-9000

Driving Directions »

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PowerFleet Summary

ABOUT

Overview

PowerFleet provides wireless IoT solutions to track and manage industrial trucks, tractor-trailers and truck fleets. PowerFleet was founded in 1993. PowerFleet's headquarters is located in Woodcliff Lake, New Jersey, USA 07677. It has raised 14.0M in ...

CEO

PowerFleet's CEO, Chris Wolfe, currently has an approval rating of 77%. PowerFleet's primary competitors are GEM ONE Corp, TotalTrax & Speedshield Technologies Pty. Ltd..

Website

powerfleet.com

Frequently Asked Questions about PowerFleet

  1. When was PowerFleet founded?

    PowerFleet was founded in 1993
  2. Who is PowerFleet's CEO?

    PowerFleet's CEO is Chris Wolfe
  3. How much revenue does PowerFleet generate?

    PowerFleet generates $113.6M in revenue
  4. How much funding does PowerFleet have?

    PowerFleet has historically raised $14M in funding
  1. Where is PowerFleet's headquarters?

    PowerFleet's headquarters is in Woodcliff Lake New Jersey, USA
  2. How many employees does PowerFleet have?

    PowerFleet has 772 employees
  3. What sector does PowerFleet operate in?

    PowerFleet is in Telecommunications Equipment
  4. Who are PowerFleet's competitors?

    PowerFleet's top competitors are GEM ONE Corp, TotalTrax, Speedshield Technologies Pty. Ltd.