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FleetCarma announces new plan to triple its size in Waterloo


Waterloo-based FleetCarma, an award-winning clean-tech information and technology company, has announced that it will triple in size – hiring about 100 new employees – and relocate to Catalyst137, the world’s largest Internet-of-Things manufacturing hub

This news comes six months after the company – which specializes in solutions to manage and accelerate the transition to electric vehicles – was acquired by Geotab.Waterloo EDC Information and Communication Technology Feature Sheet

“This expansion into Catalyst137 allows us to co-locate with other globally-focused IoT firms and provides significant space for our growth plans,” said Matt Stevens, Geotab’s VP of Electric Vehicles and CEO of FleetCarma.

Catalyst137 is a key asset in Waterloo’s industry support ecosystem, which we’ve highlighted in a downloadable feature sheet.” A massive, 475,000-square-foot facility, it caters to Internet-of-Things companies and is home to a testing facility, commercialization services, a hackable streetscape and established companies like Miovision and BorgWarner.

In his comments, Stevens specifically noted Waterloo’s talent advantage as a reason FleetCarma is choosing to expand within the community.

“Embedded in Geotab’s acquisition of FleetCarma was an understanding of the immense talent and innovative culture that is present in Kitchener-Waterloo,” he said.

Read more of the story from the Waterloo Region Record here.

Want to know more about Waterloo’s tech community? Download our industry feature sheet now!


Waterloo EDC Information and Communication Technology Feature Sheet