Corporate investment round. Route42 receiving a seed investment
Route42 provides a HW-based, cloud connected platform, N-able, for telemetrics/fleet management. Despite being introduced only early 2016, the N-able platform is finding rapid adoption in the Dutch transportation market. Route42 was approached by one of the players in its eco-system which was interested in expanding cooperation as well as providing a seed-level investment. The process was managed and executed by TD Shepherd and successfully completed by September 2016.