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As of 2026
Business & Operations
Revenue: $1M-$10M ARR
Affordable fleet GPS tracking and asset management for small business.
Overview
Momentum IoT is a cloud-based fleet management and GPS tracking platform built specifically for small to mid-sized field service contractors and commercial fleets. The software provides real-time vehicle tracking, driver safety scorecards, automated job costing, and equipment maintenance scheduling. It eliminates hardware complexity with plug-and-play installation and straightforward mobile-accessible dashboards. Field service businesses rely on the platform to reduce non-billable hours, protect equipment, and optimize operational margins.
Funding status: Funded
Revenue source: Subscriptions
Customer type: B2B
Pricing: Subscription
Tech stack: Cloud Infrastructure, IoT Telemetry, React, Node.js, PostgreSQL
Platform: Web • Cloud • Mobile
Integrations: Custom REST APIs, Webhooks, Field Service Management Software, Dispatch Tools, Mapping APIs
Founder story
Momentum IoT was founded in 2017 in Seal Beach, California, by CEO Justin Silva and industry veterans seeking to eliminate the complexity and high costs of legacy fleet tracking. Recognizing that smaller operators were priced out of effective telemetry tools, the team built a streamlined plug-and-play alternative. Backed by venture funding, the company serves thousands of active fleets globally.
What it does
- Tracks vehicle locations, route histories, and status updates in real time using rugged plug-and-play GPS hardware
- Monitors driver behavior via AI-powered dash cams, instant alerts, and performance scorecards to lower liability
- Automates job costing by matching drive time, labor hours, and equipment utilization against project budgets
- Sends proactive service and maintenance alerts to prevent equipment breakdowns and fleet downtime.
Who it's for
- Commercial Landscapers
- General Contractors
- Field Service Providers
- Towing and Logistics Fleets
Why it works
- Utilizes a predictable monthly subscription pricing model with transparent per-asset rates and no hidden activation fees
- Positions as a no-nonsense fleet solution built for lean small-to-midsize operations rather than bloated enterprise conglomerates
- Leverages plug-and-play U.S.-made hardware designed for fast self-installation without requiring professional technician setups
- Expands market reach through direct digital acquisition and high-visibility industry contractor partnerships.
Growth strategies
- Direct digital marketing targeting field service contractors and landscaping companies
- Strategic capital deployment backed by institutional seed funding from investors like Howard Edmund Capital
- Continuous product innovation incorporating AI dash cams and automated job costing tools
- Ecosystem expansion via rugged hardware accessories like CrewID and tool trackers
Alternatives
Comparison overview
- Focuses on providing plug-and-play simplicity and transparent pricing tailored specifically for small fleets rather than complex enterprise compliance configurations.
- Combines vehicle tracking natively with automated job costing calculations designed for contractor profitability analysis.