App/tech business of the week ~ Fleetsu
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What? ~ Fleetsu collects and analyses big data streams from various sources to aid asset management, such as the use of vehicles, machinery and equipment.
The company has secured a number of commercial and government customers in WA and interstate in its first year of operations.
Where? ~ Fleetsu.com web site
Who? ~ Perth couple Izabela and Jakub Felinski founded Fleetsu. Ms Felinski is the creative mind responsible for the branding and user interface, while Mr Felinski handles the IT component.
Fleetsu has attracted investors and individuals to its board and operational teams. Graham Griffiths is chair of the board.
Quote ~ We identified a gap in the global asset management market for a simple-to-use, accessible business solution; Fleetsu enables our customers to manage and optimise their key assets – whether it be vehicles or machinery anywhere, anytime
$$$ ~ Fleetsu has attracted a number of high-net worth individual investors from WA and interstate. Graham Griffiths and the Perth Angels, including lead investor Rob Nathan, led the most recent investment round.
To date the company has raised over $600,000, and is preparing for a larger capital raising round to expand internationally.
News/Market ~ Fleetsu’s customers include a major Australian Police Search & Rescue squad.
The internet of things (IoT) market size is estimated to grow from $US157 billion in 2016 to $US661 billion by 2021.
Fleetsu is targeting the tier 1, enterprise customers to deliver scalable and rapid deployment solution to enable businesses to use IoT technology to optimise the use of assets.
Fleetsu was a 2016 finalist in WAITTA Awards (Startup) and will compete at the National iAwards next month.
Fleetsu launched April 1 2015 and is ranked #32 by startup date on BNiQ startups list