Infleet raises R$40M in Series A led by Canary, to Expand Smart Fleet Solutions Across LatAm
Infleet has raised R$40 million in a Series A round led by Canary, Indicator, and Citrino Ventures, with participation from DOMO.VC, Scale-Up Endeavor, and BluStone.
Infleet, the Brazilian technology company specializing in IoT-powered fleet management, has raised R$40 million in a Series A round led by Canary, Indicator, and Citrino Ventures, with participation from DOMO.VC, Scale-Up Endeavor, and BluStone.
The new capital will strengthen Infleet’s positioning as an “Intelligent Co-Pilot”, focusing on two main fronts: real-time interaction with drivers through onboard AI, which issues alerts against drowsiness, phone use, and speeding; and strategic efficiency for fleet managers, leveraging advanced data analytics to guide decisions on costs, productivity, and preventive maintenance.
Driving safety and operational efficiency with AI
Infleet’s solutions aim to reduce accidents, cut operational expenses, and support safer, more sustainable operations. Prior to this Series A, the startup had already raised R$18 million, reflecting a trajectory of strong market traction. Since its first investment in 2021, Infleet has grown 50-fold, achieving 120% growth in 2024, a figure projected to continue through 2025 and 2026.
The company has launched innovations such as advanced video telematics, a virtual assistant for managers, and the world’s first fine module integrated with telematics. Its products have the potential to reduce risky behaviors by up to 80%, costs by 20%, and incidents by 60%.
Latin American expansion on the horizon
Market recognition includes three consecutive years on the 100 Startups to Watch ranking and support from Google for Startups via the Black Founders Fund. The company doubled in size over the past two years and maintains a similar growth trajectory for 2025. Infleet plans to explore international expansion starting in 2026, with a focus on Latin American markets.
“This investment is not only financial; it is a vote of confidence in our ability to innovate and transform fleet management with technology that protects lives, enhances operations, and fosters more sustainable corporate cultures,” said Victor Cavalcanti, CEO of Infleet.
Cavalcanti, an engineer from the Federal University of Bahia (UFBA) with an MBA from Fundação Getulio Vargas (FGV) and international experience at Duisburg-Essen Universität (Germany) and Stanford Graduate School of Business (USA), leads the company alongside Henrique Lima, Lucas Bastos, and Vitor Reis.
People, culture, and diversity at the core
Beyond technology, Infleet emphasizes organizational culture and human capital. The company is recognized among the Best Companies to Work For (GPTW) and features above-average diversity: 45% of the team are women, 49% identify as Black (preta and parda), and 16.6% identify as LGBTQIAPN+.
Infleet believes this diversity strengthens its culture and ensures that values such as autonomy, responsible innovation, and partnership translate into tangible results for clients and investors.
This note is structured for web readability, highlights Infleet as a key player in fleet management technology, and emphasizes its growth, innovation, and cultural values, all critical for SEO and user engagement.
