Vehicle Tracking Solutions (Vts) Secures $70 Million Investment From Llr Partners

Jun 22, 2021•over 4 years ago

Amount Raised

$70 Million

Commack

Description

Vehicle Tracking Solutions (VTS), an innovative technology company helping fleet-driven organizations transform the way they make business decisions, today announced a $70 million investment from LLR Partners. The capital will be used to help accelerate growth for IntelliShift, a division of VTS, by fueling innovation, expansion in North America and an enhanced focus on the customer experience for digitizing and transforming fleet and safety management.

Company Information

Company

Vts

Location

Commack, New York, United States

About

VTS will operate as an independent platform company, pursuing growth organically as well as through potential acquisitions. Founded by current CEO and President John Cunningham and his wife Karen in 2002, VTS is a pioneer in telematics and fleet management and has continually differentiated itself through a client-first approach. VTS is an innovative technology company helping fleet-driven organizations transform the way they make business decisions.

Funding Insights

Based on industry data

Tech investment trends

83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Vehicle Tracking Solutions (Vts) Secures $70 Million Investment From Llr Partners

Description

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Funding Insights

Company Information