TyreCheck
Tire management and monitoring solutions for commercial fleets.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
$3.2m | Early VC | ||
| Total Funding | 000k | ||
Related Content
TyreCheck develops and provides tire management solutions for the global automotive industry, specifically targeting commercial vehicle fleets. The company was founded in 2006 by CEO Michael O'Dwyer and Director Jonathan Brennan, and its headquarters are in Ennis, Ireland. Over the years, TyreCheck has expanded its operations globally, opening offices in the USA (2012), the Czech Republic (2014), and Germany (2018). A significant milestone occurred in 2012 when Michelin invested €2 million, acquiring a substantial stake in the company. In 2018, TyreCheck acquired the commercial vehicle TPMS sensor business from Alligator GmbH.
The company's business model is centered on providing a combination of hardware and Software-as-a-Service (SaaS) solutions that enable fleet managers and service providers to collect and analyze tire data. This data-driven approach helps clients optimize fleet performance, reduce costs related to fuel consumption and tire expenditure, and enhance driver safety. Its offerings can be integrated into clients' existing IT systems or function as standalone platforms. The product portfolio includes TPMS (Tire Pressure Monitoring System) sensors, communication devices for data transmission, inspection gauges, and a suite of software applications. Key software products like 'INFLEET' for fleet management and 'INCENTER' for maintenance providers offer real-time insights into tire pressure, temperature, and wear. The company also utilizes AI and machine learning for predictive maintenance and fraud reduction in warranty claims.
TyreCheck serves various industries, including transport and logistics, construction, waste management, mining, and agriculture. It counts some of the world's largest vehicle and tire manufacturers among its clients, supporting over three million vehicles globally. The company emphasizes creating custom, long-term solutions and provides dedicated support, training, and documentation to its customers.
Keywords: tire pressure monitoring system (TPMS), fleet management software, commercial vehicle solutions, automotive industry, tire management, SaaS, vehicle safety, fuel consumption optimization, predictive maintenance, telematics, connected vehicles, tire data analytics, AI in automotive, vehicle diagnostics, asset tracking, transport logistics, heavy equipment monitoring, off-the-road (OTR) tires, automotive electronics, IoT solutions