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PACE Telematics - About the company

PACE Telematics is an acquired company based in Karlsruhe (Germany), founded in 2015 by and . It operates as an OBD based smartphone app for vehicle data. PACE Telematics has raised an undisclosed amount in funding. The company has 154 active competitors, including 16 funded and 10 that have exited. Its top competitors include companies like Automatic, GoFar and CaRPM.

Company Details

OBD based smartphone app for vehicle data. The platform offers features that include automatic emergency calls, fuel efficiency timer, error code analysis, electronic logbook, traffic monitor, performance monitor, location tracking, and more.
Website
Email ID
@pace.car
Key Metrics
Founded Year
2015
Location
Karlsruhe, Germany
Stage
Acquired
Latest Funding Round
Investors
Ranked
4th among
Employee Count
as on Dec 31, 2020
Similar Companies
Exit Details
Acquired by DKV Mobility (Apr 07, 2025)
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PACE Telematics's acquisition details

PACE Telematics got acquired by DKV Mobility on Apr 07, 2025.
Click to take a look at PACE Telematics's acquisition in detail

PACE Telematics's funding and investors

PACE Telematics has raised funding over 5 rounds. Its first funding round was on 2015. Its latest funding round was a Grant (prize money) round on Aug 31, 2021 for $59K. 1 investor participated in its latest round, which include , Startup Autobahn, EIC Fund and Eberspaecher.

PACE Telematics has 7 institutional investors including , and EIC Fund. and 2 others are Angel Investors in PACE Telematics.

Here is the list of recent funding rounds of PACE Telematics:
Date of funding
Funding Amount
Round Name
Post money valuation
Revenue multiple
Investors
Aug 31, 2021
$59K
Grant (prize money)
3264313
2803001
Sep 01, 2019
$2.44M
Grant (prize money)
9674949
3695491
Jul 05, 2018
Undisclosed
Series A
1346448
8626090
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PACE Telematics' founders and board of directors

The founders of PACE Telematics are and .
Here are the details of PACE Telematics' key team members:
  • : Founder & Managing Director of PACE Telematics.
  • : Founder & MD of PACE Telematics.
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PACE Telematics' employee count trend

PACE Telematics has 33 employees as of Dec 20. The total employee count is the same as what it was in Dec 19. Here is PACE Telematics's employee count trend over the years:
Employee count trend for PACE Telematics
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PACE Telematics's Competitors and alternates

Top competitors of PACE Telematics include Automatic, GoFar and CaRPM. Here is the list of Top 10 competitors of PACE Telematics, ranked by ÃØÃÜÑо¿Ëù score:
Overall Rank
Company Details
Short Description
Total Funding
Investors
ÃØÃÜÑо¿Ëù Score
1st
Logo for Automatic
Automatic
2011, San Francisco (United States), Acquired
Smart driving assistant
$24M
RPM Ventures, SV AngelÌý&²¹³¾±è;Ìý
74/100
2nd
Logo for GoFar
GoFar
2014, Sydney (Australia), Seed
OBD and app-based device for vehicle monitoring
$1.08M
Sydney Seed Fund, e-navikÌý&²¹³¾±è;Ìý
53/100
3rd
Logo for CaRPM
CaRPM
2015, Gurugram (India), Seed
Automobile app for performance analysis
$100K
GHV AcceleratorÌý&²¹³¾±è;Ìý
51/100
4th
Logo for PACE Telematics
PACE Telematics
2015, Karlsruhe (Germany), Acquired
OBD based smartphone app for vehicle data
-
, Startup AutobahnÌý&²¹³¾±è;Ìý
45/100
5th
Logo for Carly
Carly
2014, Munich (Germany), Funding Raised
OBDII based device and apps for diagnostics
-
47/100
6th
Logo for BlueDriver
BlueDriver
2006, Mount Pearl (Canada), Acquired
App-based platform offering vehicle-diagnostic solutions
-
-
45/100
7th
Logo for EZ LYNK
EZ LYNK
2014, George Town (Cayman Islands), Unfunded
OBD-based device for vehicle diagnostics
-
-
45/100
8th
Logo for E-Trailer
E-Trailer
2015, Delft (Netherlands), Seed
Electric caravans
-
YES!Delft, KIKK CapitalÌý&²¹³¾±è;Ìý
44/100
9th
Logo for Trax.Center
Trax.Center
2014, Jakarta (Indonesia), Funding Raised
App-based vehicle diagnostics & anti-theft platform
-
44/100
10th
Logo for Carmen Automotive
Carmen Automotive
2015, Singapore (Singapore), Seed
Provider of a smart device to monitor car performance
$930K
TRIVEÌý&²¹³¾±è;Ìý
43/100
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PACE Telematics's Investments and acquisitions

PACE Telematics has made no investments or acquisitions yet.

Reports related to PACE Telematics

Here is the latest report on PACE Telematics's sector:
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News related to PACE Telematics

Media has covered PACE Telematics for a total of 3 events in the last 1 year, 2 of them have been about company updates.
•
Mobilityplaza•May 27, 2025•PACE Telematics
•
Fleetworld•Apr 07, 2025•DKV Mobility, PACE Telematics
•
Business Wire•Jul 31, 2024•PACE Telematics
•
The Paypers•Apr 18, 2024•PACE Telematics,
•
PetrolPlaza•Jun 29, 2022•, PACE Telematics
•
PYMNTS.com•Dec 22, 2021•PACE Telematics, PayPal
•
Automotive World•Jul 05, 2018•Eberspaecher, PACE Telematics
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