SageQuest
Real-time gps fleet-tracking and management solutions, improving the efficiency and productivity of mobile workforces.
| Date | Investors | Amount | Round |
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| investor | €0.0 | round | |
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| Total Funding | 000k | ||
SageQuest, established in 2003 and formerly known as Teen-Trak, operates as a provider of GPS-based fleet management solutions delivered through a Software-as-a-Service (SaaS) model. In August 2010, the company was acquired by the Irish firm Fleetmatics Group for $36.5 million, continuing to operate as a distinct brand under the new ownership. This acquisition aimed to combine SageQuest's strength in serving large, complex fleets with Fleetmatics' broader market presence, creating a more dominant entity in the global vehicle management solutions market.
The company's core offering, Mobile Control, is a web-based platform designed to provide fleet operators with comprehensive visibility into their mobile workforce. Key features include real-time vehicle mapping, monitoring of fuel usage, speed, and mileage, automated reporting, and activity alerts. This data-driven approach enables clients to reduce operating and capital costs while enhancing revenue. The system is built to be scalable, capable of tracking over 20,000 vehicles within a single account, and supports integration with third-party applications like fuel cards and work order management systems. SageQuest's business model is subscription-based, which lowers the upfront cost for customers by eliminating the need for them to own and manage the software infrastructure.
SageQuest targets businesses with mobile workforces across various industries, including utilities, cable and broadband, field services, and passenger transport. The company particularly focuses on serving mid-sized to large and enterprise-level fleets with complex operational needs. Notable customers have included members of the National Cable Television Cooperative (NCTC), such as Buckeye Cable System and Wave Broadband. To ensure successful implementation, SageQuest provides extensive support services, including installation, customized training, and project management to mitigate deployment risks for large fleets.
Keywords: fleet management, GPS tracking, vehicle telematics, SaaS, mobile workforce management, fleet operations, vehicle location intelligence, fuel management, asset tracking, Mobile Control, Fleetmatics, fleet productivity, GPS fleet solutions, vehicle management, enterprise fleets, logistics technology, telematics provider, operational efficiency, cost reduction, driver safety