RTA, a Glendale, AZ-based fleet maintenance management software provider, has secured a Series A funding round.
Investors
The round was led by Susquehanna Growth Equity (SGE), with participation from PHX Ventures.
Susquehanna Growth Equity (SGE) is a growth equity firm focused on investing in expansion-stage technology companies. With over $4 billion in capital invested and a track record of helping founders scale sustainably, SGE is committed to supporting founder-led businesses that are building for the long term.
RTA Use of Funds
The company will use the funding to expand its product and engineering teams, enhance its fleet management software, and deepen its market reach through client success and go-to-market initiatives.
About RTA
RTA is a company specializing in fleet management solutions. The company's flagship product, Fleet360, is a comprehensive fleet management information system (FMIS) designed for organizations that handle most of their maintenance in-house. It includes features like asset management, work order management, preventive maintenance, parts inventory, fuel management, mobile applications, and analytics & dashboards. The company also provides consulting and training services to help fleet managers optimize operations, improve productivity, and reduce costs. RTA serves a diverse range of sectors, including government, education, emergency services, and transportation.
Funding Details
Company: RTA: Ron Turley Associates, Inc.
Raised: Undisclosed
Round: Series A
Funding Date: April 2025
Lead Investor: Susquehanna Growth Equity
Additional Investors: PHX Ventures
Company Website: https://rtafleet.com/
Software Category: Fleet Management
Source: https://www.businesswire.com/news/home/20250424598160/en/