FleetMaster, a cloud-based specialist in workflow technology for rental, leasing and dealerships, has been nominated for Deloitte’s 2021 Technology Fast 50 competition for technology businesses headquartered and founded in Belgium.
The Fast 50 award will be given to the country’s fastest-growing technology company, based on its percentage of turnover growth throughout the past four years. Winners will be announced at an official awards ceremony on 25 November 2021.
Founded in Belgium in 2011, FleetMaster specialises in providing rental companies, dealerships and automotive manufacturers with Software-as-a-Service (SaaS) workflow technology solutions. Its applications assist in every aspect of fleet management, from requests, planning, invoicing, costs and reporting. From its base in Ghent, it employs more than 30 people and works with global partners to support with international delivery. The company also has an office in Los Angeles for customers in North and South America. In July 2021, FleetMaster was acquired by Cox Automotive as part of a drive to boost its mobility service offering.
This is the third time in a row that FleetMaster has been nominated for the Deloitte Fast 50 award. In 2019 the business ranked fourth, later achieving a ranking of eighth in 2020. This is in addition to earning a ranking within Deloitte’s EMEA Top 500 in both 2019 and 2020.
Frederik De Witte, co-founder of FleetMaster, commented: “This is a hugely exciting time for FleetMaster. With the scale and backing of Cox Automotive, we are continuing to grow both our global reach and our solutions portfolio to ensure that we can help rental, leasing and dealership businesses overcome existing and future mobility challenges. This nomination is a recognition of our activities and shows that we remain on the right path as we continue to grow the business in support of our customers.”
Deloitte’s Technology Fast 50 competition is an annual selection of the 50 fastest growing and innovative technology companies headquartered and founded in Belgium. Public or private companies who develop a technology-related product or service and who have experienced substantial revenue growth over the past four years can enter the competition for their chance to be nominated as one of the 50 fastest-growing technology companies in Belgium.
Participating in the Technology Fast 50 competition can help organisations to develop their business by increasing their visibility and giving them access to the Fast 50’s unique network of highly successful executives.
Paul Humphreys, managing director of Cox Automotive Mobility – International, added: “We are seeing an accelerated shift towards mobility services as both the ownership and usership model across the automotive ecosystem evolves. Our acquisition of FleetMaster is driving our mobility offering for customers internationally and this nomination demonstrates that we are at forefront of this fast-growing segment with one of the most progressive technology businesses in Belgium.”