Earlier this week, full-stack fleet software company LocoNav raised $37 million in a Series B round. The new funding came from Quiet Capital, Anthemis Group, Sequoia Capital India, Foundamental, RIT Capital Partners, Uncorrelated Ventures, Village Global, and other leading investors.
The startup previously raised $10 million led by Sequoia Capital India and Foundamental. The total amount raised by LocoNav now stands at $47 million.
Since it was founded in 2016, LocoNav claims its app has been used by over half-a-million vehicle/fleet owners. The company helps users with AI-based technology to manage fleet operations and provide recommendations that help them make better decisions to enhance fleet performance.
According to the founders, LocoNav will be using the fresh funds to build its technology and data science teams across San Francisco, Gurugram, and Bengaluru.
If you’d like to be a part of LocoNav’s growth journey, these job openings may be for you:
Experience required: N/A
In this role, the marketing executive will research and share insights from competitors, help the internal team in SEO, SEM, take up responsibility for coordinating across various departments for marketing-related operations, gathering data from different marketing channels and presenting them visually, evaluating end-to-end customer experience across multiple channels and customer touchpoints, and more.
For more information, click here.