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Birmingham’s startup acquires maintenance platform, creating $1.5 billion company

Summary by Alabama Live
Birmingham-based Fleetio Tuesday announced a landmark deal to acquire maintenance platform Auto Integrate, creating a one-stop-shop company worth $1.5 billion.

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Alabama LiveAlabama Live
Center

Birmingham’s startup acquires maintenance platform, creating $1.5 billion company

Birmingham-based Fleetio Tuesday announced a landmark deal to acquire maintenance platform Auto Integrate, creating a one-stop-shop company worth $1.5 billion.

·Alabama, United States
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BloombergBloomberg
Lean Left

Fleetio to Acquire Auto Integrate in $1.5 Billion Fleet Deal

Fleetio, a software firm that helps companies manage their vehicle fleets, has raised $450 million in late-stage venture funding to help finance a takeover of maintenance-authorization platform Auto Integrate.

·United States
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HypepotamusHypepotamus

Following $450 Million Raise and Acquisition, Birmingham-based Fleetio Is A $1.5 Billion Company - Hypepotamus

Fleetio hits $1.5B valuation with $450M Series D and Auto Integrate acquisition, marking a major milestone for Birmingham’s growing tech scene.

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STN MediaSTN Media

Fleetio Raises over $450 Million Series D and Acquires Auto Integrate to Create Customer-Centric One-Stop-Shop for Fleet Maintenance

BIRMINGHAM, Ala. – Fleetio, a leading fleet optimization software platform, today announced the acquisition of Auto Integrate, the premier maintenance authorization platform, in a landmark deal establishing Fleetio as a preferred solution for fleet maintenance. The company announced simultaneously the successful closing of over $450 million to finance the acquisition, valuing the combined business at over $1.5 billion. The round was co-led by ex…

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Business Alabama MagazineBusiness Alabama Magazine

Birmingham’s Fleetio raises $450M, acquires company

Fleetio, a Birmingham-based fleet optimization software platform, has acquired Auto Integrate, a maintenance authorization platform.

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Tech Company NewsTech Company News

Fleetio Raises Over $450M And Acquires Auto Integrate To Deliver A Seamless Fleet Maintenance Experience Across North America

Fleetio acquires Auto Integrate and secures over $450 million in Series D funding to expand its fleet maintenance capabilities. The combined platform supports over 8 million vehicles and 110,000+ repair shops across North America, streamlining service workflows and reducing vehicle downtime. Backed by investors like Goldman Sachs and Elephant, the deal creates one of the largest integrated maintenance networks in the industry. A Game-Changing Mo…

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Bloomberg broke the news in United States on Tuesday, March 25, 2025.
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