A pan-European player in the fleet management technology sector is born!
On its growth journey, our Swiss portfolio company Avrios is now partnering with Vimcar, fuelled by an investment from Battery Ventures.
Joining forces with Vimcar enables Avrios to serve fleets with an integrated, holistic fleet software and services offering.
Together, they will manage over 250,000 vehicles.
Challenges for fleet managers are increasing: the integration of e-cars, increasing costs of labor and mobility, and new regulatory requirements. Many businesses still rely on manual processes to manage their fleets in this environment, making it increasingly difficult to operate cost-effectively.
By combining their strengths in fleet administration and telematics solutions, they can help customers with their mobility operations using software and services to save costs & meet regulatory requirements.
Congratulations to Francine V. Gervazio, Andreas Brenner and the entire Avrios team for this amazing milestone and good luck for your next growth chapter!
Read more: https://bwnews.pr/3jIERge