29th November 2023

Following the completion of a £9m Series A funding round, we are pleased to announce our investment in GoMetro, a fast-growing South African technology company that operates in the fleet management space. 

Along with significant participation by FutureGrowth Asset Managers and GoMetro’s existing investors, the investment from the Series A funding round will serve as a catalyst for GoMetro’s mission to digitise heavy duty commercial transport operations and further develop its fleet management platform in the UK, Europe, USA and South Africa. 

GoMetro aims to use the funding to strengthen its software platform to provide fleet operators with even more robust tools for managing and optimising all-electric fleets. This includes refining existing features and introducing new functionalities that align with the evolving needs of the industry, as well as expanding the number of devices supported on GoMetro Bridge, the company’s cloud-based platform that manages data streams required for successful electrification of buses and trucks.

Justin Coetzee, GoMetro founder said: “Embracing data-driven decision-making systems that empower operators to better manage fleet utilisation, optimise resources, reduce risk and enhance customer satisfaction can be a real competitive edge that catapults transport companies beyond the reach of their competitors.

This Series A funding is a pivotal moment for GoMetro, and we are thrilled to have Zenobē and FutureGrowth as our lead investors in our round. Getting the chance to apply our technology to the biggest single electric bus fleet in the United Kingdom will accelerate our research and development into supporting EV buses and trucks on GoMetro Bridge. Data-driven fleet management and telematics is entering a new golden age with EV adoption – and there is a massive opportunity in this key watershed moment in an industry transition.”

Steven Meersman, Co-Founder Director of Zenobē said: “GoMetro’s customer and data driven approach to fleet management aligns seamlessly with our vision for the future of sustainable transportation. We are excited to support their growth into new markets as well as to provide the capital to accelerate their product development.”

To find out more, visit gometroapp.com or read GoMetro founder Justin Coetzee’s interview on TechCrunch here.

Notes to Editors

About GoMetro:

GoMetro is a B2B SaaS fleet management company, headquartered in the UK. Founded in 2014 by civil engineer, Justin Coetzee – who built the first version of GoMetro for South Africa’s rail agency when he was frustrated by his train always being late with no information for passengers. GoMetro understands that electrifying buses and trucks will take excellent data management, and is investing in providing a best-in-class, OEM-agnostic electrification management platform for bus and truck operators – leading decarbonisation in a hard-to-decarbonise sector.

For more information, please visit www.gometroapp.com  or follow on LinkedIn.