RTA: The Fleet Success Company, a leading provider of fleet maintenance management software, announced today the successful close of its Series A funding round, led by Susquehanna Growth Equity (SGE). This strategic investment will help RTA scale its impact, expand its team, and accelerate product innovation as it builds toward becoming the dominant leader in fleet management software.
“This funding is fuel for our mission, not just our growth,” said Josh Turley, CEO of RTA. “It’s validation that our vision resonates, our market matters, and our team is executing at a level worth investing in. Now, we double down – on our people, our clients, and the purpose that got us here: to help fleets succeed.”
Founded to revolutionize the way fleets operate, RTA offers a powerful fleet management information system (FMIS), Fleet360, that helps elevate stakeholder satisfaction, maximize resource efficiency, reduce fleet risk, and attract and retain top talent with an intentional culture. With thousands of clients across the country, RTA is trusted by public works departments, transit agencies, schools, and municipalities to power their most essential fleet operations.
With this new round of funding, RTA plans to:
- Expand its product and engineering teams to accelerate roadmap execution
- Enhance its fleet management software to deliver even greater insights, automation, and ease of use
- Deepen market reach by investing in client success and go-to-market initiatives
- Reinforcing its five-star support legacy and delivering legendary customer experiences
SGE led the round as a minority investor, chosen for its alignment with RTA’s mission and long-term vision. PHX Ventures also participated in the round.
“RTA represents everything we look for in a high-impact investment: a proven solution for a critical segment of our economy, and a leadership team that understands how to build both culture and category,” said Aaron Flack, Partner at SGE. “We’re thrilled to support RTA as they scale their impact across the fleet management industry.”
About RTA: The Fleet Success Company
With over 45 years of industry experience, RTA: The Fleet Success Company delivers a modern fleet management information system (FMIS) and legendary fleet consulting services. RTA’s software is built by fleet professionals, for fleet professionals that manage most of their maintenance in-house. From budgeting and performance reporting to streamlining technician and inventory workflows, RTA gives fleet teams the tools and resources they need to run high-performing, cost-efficient organizations. The combination of easy-to-use software, practical consulting, and the industry's best customer service helps public sector and enterprise fleets make better decisions and operate at their best. To learn more about RTA, visit rtafleet.com.
About SGE
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.
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