Chevin Fleet Solutions

Software

Deal Type
Debt Finance

Initial Investment
April 2020

Sector
Technology

Fund
MEIF Maven Debt Finance

Status
Current

Belper business Chevin Fleet Solutions, is the leading global provider of fleet management software solutions to customers in both private and public sectors, with offices in the UK, USA, Belgium, France, and Australia. Its flagship fleet management product, ‘FleetWave’, is used in more than 180 countries across multiple sectors to manage around two million vehicles and associated assets.

Chevin has identified a growing demand for SaaS (Software as a Service) and plans to use the funding to support commercial opportunities and target the SME market on a global scale. The company is also planning to create 20 new jobs to aid its expansion.

Chevin Fleet Solutions

We are delighted to have secured the MEIF funding and, in turn, the opportunity to expand our business horizons. This level of financial backing will allow us to strengthen our product range, broaden our client base, and enhance global opportunity. It will further define our footprint in fleet management.

Ashley Sowerby, Founder and Managing Director of Chevin Fleet Solutions

Meet the lead executive(s)

Jonathan Lowe
Jonathan Lowe

Investment Director

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