Porsche Ventures has exited fleet management technology provider Fleetonomy through a purchase by Via, hot off $200m in series E funding.

Via, a provider of digital infrastructure for public mobility systems, has acquired Israel-based fleet management software producer Fleetonomy for an undisclosed amount, allowing automotive manufacturer Porsche to exit.

Founded in 2017, Fleetonomy provides software that helps organise and oversee fleets of vehicles. Porsche uses the technology to optimise its fleet and corporate venturing unit Porsche Ventures lists Fleetonomy as a portfolio company.

Fleetonomy raised $3m in a 2018 round led by Singapore state-backed investment firm Vertex Ventures, with participation from…

James Mawson

James Mawson is founder and chief executive of Global Venturing.