Betterfleet
A platform to plan, optimize and manage your transition to a zero emissions fleet.
| Date | Investors | Amount | Round |
|---|---|---|---|
* | AUD23.7m | Series A | |
| Total Funding | 000k | ||
Betterfleet, founded in 2016 in Sydney, Australia by Daniel Hilson, is a software-as-a-service (SaaS) provider specializing in the transition of commercial vehicle fleets to zero-emission technologies. Originally launched as EVenergi, the company rebranded to BetterFleet to better reflect its mission. Hilson, the company's CEO, was motivated to start the firm after identifying a critical gap in the market while working on decentralized energy and water networks in 2014: the lack of data and tools for planning the electrical infrastructure required for transport electrification.
The company operates in a growing market driven by tightening emissions regulations and the increasing economic viability of electric vehicles. BetterFleet targets mission-critical and complex fleets, including government, transit, utilities, and logistics operators. Its client base includes over 200 fleets across North America, Europe, and Australia, with notable projects involving LA DOT, Toronto Transit, and Boston Transit. The business generates revenue through its SaaS platform, which provides a comprehensive suite for planning, managing, and optimizing the shift to electric and hydrogen vehicles.
The core of BetterFleet's offering is a platform that uses artificial intelligence, digital twin technology, and multi-physics modeling to de-risk and streamline the electrification process. This technology allows fleet operators to conduct detailed analyses, create digital replicas of their fleets and infrastructure, and simulate real-world scenarios. Key features include tools for selecting the right vehicles, planning charging infrastructure to avoid overbuilding, and managing energy consumption to minimize operating costs. By integrating with telematics systems like Geotab, the platform enhances data modeling accuracy for vehicle health and performance. This data-driven approach helps clients reduce total cost of ownership, manage operational complexities, and confidently meet sustainability goals.
In March 2025, BetterFleet secured $15 million in a Series A funding round led by Aligned Climate Capital, Ecosystem Integrity Fund (EIF), and Remarkable Ventures Climate (RVC). This capital is aimed at accelerating global expansion and further developing its AI-powered platform.
Keywords: fleet electrification, zero-emission vehicles, EV fleet management, SaaS, digital twin technology, charge management, fleet transition planning, transport decarbonisation, logistics optimization, transit fleet, sustainable transport, energy management systems, EV charging infrastructure, AI fleet management, Daniel Hilson, EVenergi, commercial EV, fleet cost reduction, emissions reduction, smart charging