Rhino Fleet Tracking
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Rhino Fleet Tracking - overview
Established
2007
Location
Argyle, TX, US
Primary Industry
Software
About
Rhino Fleet Tracking, based in the US, specializes in innovative GPS tracking solutions that enhance the operational efficiency and security of fleet vehicles and assets across various industries. Founded in 2007 and headquartered in Argyle, US, Rhino Fleet Tracking provides fleet tracking solutions aimed at improving operational efficiency. The company has undergone strategic changes, including a notable merger in May 2021 with Accel-KKR’s portfolio companies, which includes GPS Insight LLC and InSight Mobile Data, Inc. The merger was intended to create unified action and significant value in fleet management.
Specific details about the founder's history are not disclosed; however, the firm has engaged in 2 total deals, with the most recent deal occurring on May 19, 2021. Rhino Fleet Tracking specializes in comprehensive GPS fleet tracking solutions designed to improve the operational efficiency and security of various vehicles and assets, including trucks, trailers, and vans. Their core offerings consist of real-time GPS tracking, trailer and equipment tracking devices, and advanced smart dash cameras that enhance visibility and safety for fleet managers. These tracking systems facilitate enhanced communication among drivers, managers, and staff, ultimately aiming to increase profits while ensuring high security levels for the fleets being monitored.
Rhino Fleet Tracking serves a diverse clientele across multiple industries such as agriculture, construction, healthcare, and transportation, covering all 50 states in the U. S. as well as clients in Canada and several other international markets. Their solutions are particularly geared towards businesses seeking to optimize fleet performance and reduce operational costs through advanced tracking technologies.
The revenue model for Rhino Fleet Tracking primarily relies on subscription services, with plans starting at USD 13. 99 per month per vehicle. This structure provides clients with access to essential tracking features and functionalities, with tailored pricing based on the number of vehicles. Transactions typically occur through direct-to-consumer sales, where clients subscribe to tracking services and can also purchase additional products like smart dash cameras at substantial values.
These products aim to enhance safety and oversight, solidifying Rhino Fleet Tracking's role as a partner for businesses aiming to streamline fleet management processes. The company is committed to ongoing customer support, further strengthening its relationships within the industry. Following the merger on May 19, 2021, Rhino Fleet Tracking aims to leverage the combined capabilities to launch new products designed for enhanced fleet management, although specific release dates have not been disclosed. The company plans to expand its market reach, targeting additional regions in North America and exploring opportunities in international markets.
The rationale behind this strategic direction is to deliver actionable insights and significant value that fleet management can offer. Recent funding will support these initiatives as the merged companies pursue a unified vision for growth in the fleet management marketplace.
Current Investors
InSight Mobile Data, Inc./GPS Insight LLC/Rhino Fleet Tracking
Primary Industry
Software
Sub Industries
Logistics Software, Analytics & Performance Software
Website
www.rhinofleettracking.com
Verticals
E-commerce, IoT (Internet of Things), Mobile Apps
Company Stage
Merged
Total Amount Raised
Subscriber access only
Rhino Fleet Tracking - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Merger | Completed | GPS Insight LLC, InSight Mobile Data, Inc., Rhino Fleet Tracking | - | ||||||||
| Buyout | Completed | Rhino Fleet Tracking | - |
Displaying 1 - 2 of 2

Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.