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Merchants Fleet is the nation’s fastest growing fleet management company, providing flexible funding and service options for organizations that leverage vehicles to run their operations. Merchants Fleet offers comprehensive & customizable fleet solutions, serving as a single source for all vehicle needs. Our programs range from long-term leases to monthly rentals, including unique options such as rent-to-lease and own-to-lease. With over 130,000 managed vehicles nationwide, our expert teams have experience working with nearly every industry, from corporate fleets to last mile delivery to franchise systems. We offer the most high-touch service and innovative experience across the industry, with specialized teams and a FleetTech model that merges fleet with technology to ensure our clients get the best performance out of their fleets. Merchants Fleet is headquartered in Hooksett, New Hampshire, and its Innovation Center is located in the Chicago, Illinois area. For more information, please visit www.merchantsfleet.com.
Overview
Location
United States, Illinois, Rosemont
Employees
201-500
Phone
(866) 653-2737
Total raised
$50M
Founded date
1962
Funding Rounds 1
| Date | Series | Amount | Investors |
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Mentions in press and media 16
| Date | Title | Description |
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| Mar 4, 2025 | Revolutionizing Leasing: Adapting to a Digital-First Future | Revolutionizing Leasing: Adapting to a Digital-First Future March 4th, 2025 | by Mark Thomas, EVP of Marketing and Alliances | Posted in: Insight on Things, Thought Leadership Articles In a world defined by instant gratification and technol... |
| Jan 31, 2025 | Fleet Industry Veteran Matt Dyer Appointed as New CEO of Merchants Fleet | Matt Dyer - Merchants Fleet Chief Executive Officer HOOKSETT, NH, UNITED STATES, January 31, 2025 /EINPresswire.com/ -- Merchants Fleet, the nation’s leader in innovative fleet solutions, is pleased to announce the appointment of Matt Dyer ... |
| Nov 29, 2024 | Flipturn: EV Fleet Management Company Raises $11 Million (Series A) | Flipturn, an electric vehicle (EV) charger and fleet management platform, announced it had raised $11 million in a Series A round led by CRV with participation from Accel. Flipturn helps fleets manage chargers and their overall fleet operat... |
| Sep 25, 2024 | Merchants Fleet Partners with Ridecell to Orchestrate Fleet Lifecycle Activities | Merchants Fleet Partners with Ridecell to Orchestrate Fleet Lifecycle Activities September 25th, 2024 | Posted in: In The News, Press Releases Merchants Fleet leverages Ridecell 360 to enhance scalability and operational efficiency, reinfor... |
| Jul 3, 2024 | Embracing Innovation in Fleet Management: Insights from Rick Bell | Embracing Innovation in Fleet Management: Insights from Rick Bell July 3rd, 2024 | by Angela Simoes, Communications Director | Posted in: Insight on Things Our recent guest, Rick Bell, managing partner at the Merlin Group, shared an inspiri... |
| Oct 24, 2022 | Arrival restructures (again), Bird shrinks and highlights from Disrupt | The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the full edition of the newsletter every weekend in your inbox. This is a shorter version of The Station newslette... |
| Jul 22, 2022 | This CFO-turned-entrepreneur thinks corporate ‘perks’ are broken—and has a better idea | This is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign up to get it delivered free to your inbox. This is reporter Lucy Brewster, filling in for Jessica while she is away. Today, we're diving int... |
| Nov 18, 2021 | General Motors : Merchants Fleet Expands BrightDrop EV Order to 18,000 with Addition of EV410s | DETROIT - BrightDrop, the technology startup helping decarbonize last-mile deliveries, today announced that Merchants Fleet, the nation's fastest growing fleet management company, plans to expand its purchase order to 18,000 BrightDrop elec... |
| Oct 21, 2021 | SEA Electric Excels with Order for 1,150 New Trucks | - The largest order in the history of SEA Electric - The company's technical leadership is translating into sales success - Worldwide, SEA Electric is at the forefront of EV transport solutions, with operations ongoing across five continent... |
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FAQ about Merchants Fleet
When was Merchants Fleet founded?
Merchants Fleet was founded in 1962.
How much funding has Merchants Fleet raised?
Merchants Fleet has raised $50M in total across 1 funding round.
What has the press written about Merchants Fleet?
Parsers VC has collected 16 articles mentioning Merchants Fleet, among them “Revolutionizing Leasing: Adapting to a Digital-First Future” (Mar 4, 2025) and “Fleet Industry Veteran Matt Dyer Appointed as New CEO of Merchants Fleet” (Jan 31, 2025).
Is Merchants Fleet still active?
Yes, Merchants Fleet is active; its latest activity on Parsers VC dates from Sep 23, 2025.