In April 2018, Innova Capital invested in Inelo, a Poland-based provider of software and telematics solutions for the heavy fleet transportation industry. The company has partnered with over 10,000 transportation and logistics companies, most of which are small and medium enterprises operating less than 50 trucks.
With Innova’s support, Inelo transformed into a one-stop shop for independent trucking companies. Innova streamlined operations, revamped sales and customer care and introduced online and phone sales, which made up 38% of new sales by 2022. Inelo also implemented an AI-driven navigation system to manage regulatory requirements, such as calculating required breaks for drivers and accurate arrival times. The company grew its workforce from 431 to 622, with 66% female employees and introduced eco-driving features to enhance efficiency and reduce carbon footprints.