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DateInvestorsAmountRound

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Acquisition

$391m

Valuation: $391m

Acquisition
Total Funding-

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Azuga is a leading provider of GPS fleet management software and tracking solutions, catering to both small businesses and large enterprises. The company operates in the fleet management market, offering a suite of products designed to enhance fleet efficiency, safety, and compliance. Azuga's core offerings include GPS tracking, AI-powered dashcams, and field service management software. These tools help businesses monitor vehicle locations, driver behavior, and overall fleet performance in real-time. The business model is primarily subscription-based, generating revenue through recurring fees for its software services. Azuga serves a diverse range of clients, including logistics companies, service providers, and corporate fleets. The company differentiates itself with affordable, customizable, and easy-to-install solutions that integrate seamlessly with third-party applications via its RESTful API. Key features include driver safety programs, gamification, and rewards to promote better driving habits, as well as mobile apps for remote fleet management.

Keywords: GPS tracking, fleet management, AI dashcams, driver safety, field service management, real-time monitoring, subscription-based, customizable solutions, mobile apps, RESTful API.

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