![]() The company headquarters are in Stockholm, Sweden. ![]() Some of Automile´s investors are Insight Venture Partners, SaaStr, Dawn Capital, and Point Nine Capital. Trusted with over 10,000 businesses and 87,000 subscribers Automile offers fleet tracking, mileage logging, fleet management, and asset tracking services to small- medium and large businesses. HCLTech is the clients strategic partner and they. The information was submitted for publication, with contact persons set out above, at 14:30 CEST on 13 October 2020.Īutomile is a leading Nordic SaaS telematics and IoT company having offices in Sweden, Norway, and the US. The client, a leading European car manufacturer, is on the journey to create a sustainably viable future. This information is information that ABAX Group AS is obliged to make public pursuant to the EU Market Abuse Regulation 596/2014. Sandra Lindberg, Director of Corporate Communications, ABAX Jens Nylander, CEO and Co-founder, Automile With a significantly larger combined subscription base, we can build a global telematics leader with scale economies and an attractive value proposition to our customers, stated Jens Nylander. Together with ABAX, we share the same objectives of creating shareholder and stakeholder value. My goal has always been to define Automile by high growth, good gross margins and profitability. Aligned Goals: Building a Global Telematics Leader Through Profitable GrowthĪfter many years of extensive investments in innovation and new services, Automile is today a fast-growing and profitable SaaS telematics company. With ABAX, we can now deliver an even broader offer”, said Jens Nylander, CEO and Co-founder of Automile. “At Automile we have an obsession with constant product development to exceed customer expectations. Creating Customer Value: Attractive Value Proposition of Combined OfferingsĮxisiting customers as well as new customers will have access to the full product range from ABAX and Automile.
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