
Fleetlane
Telematics-enabled loaner car management software for dealerships.
Date | Investors | Amount | Round |
---|---|---|---|
* | N/A | Acquisition | |
Total Funding | 000k |
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Fleetlane provides a cloud-based loaner fleet management software for car dealerships, automotive groups, and OEMs. The company was founded in 2015 and is based in Montreal, Canada. The business operates on a Software-as-a-Service (SaaS) model, offering its solution on a monthly subscription basis without requiring annual contracts.
The platform is designed to streamline the entire loaner car process, from managing agreements to tracking vehicles and recovering expenses. A core feature is its optional telematics integration, which provides real-time GPS tracking of vehicles, automated odometer and fuel level readings, and geofencing alerts. This functionality allows dealerships to monitor their fleet's location, manage maintenance schedules, and automate the billing process for costs like fuel, tolls, and traffic violations. The software aims to significantly reduce the time spent on administrative tasks, stating that opening a loaner agreement can be done in an average of 30 seconds.
Additional features include a planner for scheduling and viewing vehicle availability, electronic signature capabilities for paperless and contactless transactions, and on-demand reporting. Fleetlane's system can be accessed on any desktop or tablet and offers integrations with existing dealership management systems (DMS). The platform serves clients such as Mercedes-Benz and Volvo dealerships, helping them to improve efficiency and cost recovery.
Keywords: loaner vehicle management, automotive software, telematics, fleet management, SaaS, dealership operations, cost recovery, GPS tracking, vehicle rental software, electronic signature