The Rollins College Crummer Graduate School of Business named FleetZoo the 2017 winner of its annual Venture Plan Competition, where start-ups battled for funding and mentorship before the Central Florida region’s top entrepreneurs and venture capitalists. FleetZoo is an all-in-one planning and optimization software as a service (SaaS) platform for fleet operators for HVAC, pest control and landscaping business, as well as city governments.
FleetZoo assigns orders to a fleet in a sequence that will reduce miles and consumption, improve productivity and increase revenue, the company said. FleetZoo automatically dispatches drivers, notifies customers and provides full visibility of a fleet and the field operations.
The startup will receive $25,000 in prize money and has the option of receiving an additional equity investment from venVelo, a Winter Park, Fla.-based, early-stage venture capital firm, according to a news release.
“This will greatly accelerate our marketing efforts to reach out to fleet operators nationwide to try FleetZoo and benefit from the technology,” said FleetZoo CEO Mansooreh. “Central Florida’s workforce and network allows for great opportunities for entrepreneurs to grow their businesses.”
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“Each year we look forward to hosting the Rollins Venture Plan Competition, which demonstrates Crummer’s commitment to creating and supporting the innovators of tomorrow who in turn have tremendous impact on the businesses they lead and the communities they serve,” said Dr. Deborah Crown, dean of the Rollins College Crummer Graduate School of Business.
Of Crummer’s Venture Plan Competition’s 18 finalists since 2012, 16 of those companies companies are in business today. Together they have generated $40 million in revenue, raised nearly $12 million in investment capital and employ about 250 people.
“This year’s Venture Plan Competition saw incredible proposals and business plans from truly inspiring entrepreneurs,” said Cari Coats, executive director of Crummer’s Center for Advanced Entrepreneurship. “The competition is a perfect embodiment of the school’s philosophy of education paired with real-world experience. We look forward to collaborating with FleetZoo to help build their business even further.”
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