AI logistics unicorn Netradyne has acquired Moove Connected Mobility, a Europe-based fleet management company, in a move announced in 2026 to deepen its foothold in the European market. Financial terms of the deal were not disclosed.
Under the agreement, Moove will become part of Netradyne Europe and serve as the central hub for regional sales, customer engagement, partnerships, and market development. Moove’s former CEO Jeroen Bruinooge will take on the role of SVP and General Manager of Netradyne Europe.
Founded in 2017, Moove helps companies manage and optimise vehicle fleets by connecting vehicles, drivers, and data systems into a single platform using telematics, IoT, and analytics. Netradyne, founded in 2015 by Avneesh Agrawal and David Julian, provides AI-powered fleet management and driver safety tools, including video safety cameras, fleet performance analytics, and driver awareness systems. Its flagship product, Driver.i, allows fleet operators to monitor and assess driver behaviour.
Netradyne said it plans to combine its AI platform with Moove’s existing customer relationships and operational experience to strengthen its enterprise offerings across Europe. “By bringing together Moove’s local expertise and relationships with Netradyne’s AI platform, we are uniquely positioned to support European fleets at scale while staying deeply anchored in the region,” said CEO and co-founder Avneesh Agrawal.
The acquisition expands Netradyne’s geographic reach beyond its current markets in North America, Europe, and Asia. The company entered unicorn status in 2025 after raising $90 million in a Series D funding round led by Point72 Private Investments. Other backers include Reliance, M12, SoftBank, Qualcomm Ventures, and Pavilion Capital.
The deal may position Netradyne to scale its AI-driven fleet services more rapidly across Europe by leveraging Moove’s established regional presence and client base.
Source: Inc42 Media