Momentum IoT provides a cloud‑based fleet GPS tracking platform for small businesses, offering plug‑and‑play devices that deliver real‑time location, usage, and diagnostic data for vehicles, trailers, and equipment. The service includes automated driver safety scoring, maintenance alerts, and job‑costing analytics, all for a flat $16 per asset per month with no hardware fees or contracts.
Funding
$3.1M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Small businesses often struggle to monitor the location, usage, and cost of their vehicles, trailers, and equipment because traditional fleet tracking solutions are expensive, require upfront hardware purchases, and rely on manual data entry.
Solution
Momentum IoT offers a cloud‑based fleet GPS tracking platform that connects plug‑and‑play devices to trucks, trailers, tools, and crew members. The hardware installs in minutes and transmits real‑time location, activity, and diagnostic data to a web dashboard and mobile app. The software automatically generates alerts, driver safety scores, maintenance reminders, and job‑costing reports without any manual input. Users can view profitability, compare budget versus actual, and export data via an open API. The service is sold on a simple month‑to‑month basis with no contracts or minimums, making advanced fleet management affordable for small operators.
Target Audience
Primary customers are small‑to‑mid‑size businesses that operate vehicle fleets, trailers, and field equipment—such as construction firms, landscaping services, and delivery companies—that need low‑cost, real‑time asset visibility and operational insights.
Features
- OBD‑II and 12 V plug‑in GPS trackers (Eagle One) with up to six‑month battery life and optional external power
- Long‑life battery devices for tools (Toolie) and crew identification (CrewID) lasting up to two and six years respectively, with free replacements for active customers
- Real‑time map view, driver behavior scoring, and automated safety alerts
- Automated maintenance scheduling and service reminders based on usage data
- Job costing and profitability analytics that tie travel time, on‑site time, and equipment usage to revenue
- Unlimited user accounts with role‑based permissions and no per‑seat fees
- Mobile apps for iOS and Android delivering live locations, alerts, and reports in the field