electric/hybrid

Volteum raises 2.5 million euros to build the operating system for EV and mixed vehicle fleets

Fleet management platform for electric and mixed fleets, Volteum, has announced a 2.5 million euro financing round to help support an expansion throughout the UK, BeNeLux and DACH (Germany, Austria and Switzerland).
Courtesy of Márk Rétsághy.
Courtesy of Márk Rétsághy.

The round follows a 1.25 million euro pre-seed investment and brings total funding to 3.75 million euros. Funds will be used to support an expansion throughout the UK.

Fleet operators are in a period of transition, with the electrification of vehicles well underway but not complete. This means that managers now run mixed diesel-petrol-electric fleets under real operational pressure and a distinct set of challenges.

Traditional fleet management software is poorly equipped to handle charging schedules, battery health, reimbursement workflows (from home-charging), and proactive maintenance data. They’re forced to rely on disconnected systems, scattered data, spreadsheets, and legacy telematics tools originally designed for diesel-only fleets. As a result, many fleet operators lose visibility into where time, energy, and operational costs are actually being spent. For a typical 500-vehicle fleet, inefficient processes and poor operational oversight can leave more than £1 million in avoidable costs on the table every year.

Volteum is a daily fleet operations intelligence built for electric and mixed fleets. It combines all fleet data, including charging, mileage, and maintenance, onto a single platform without requiring additional hardware installation or an engineer visit. It works for every kind of fleet, regardless of how it is distributed among petrol, electric, and diesel vehicles. Since Volteum connects directly to data that manufacturers already collect from modern cars, newly integrated fleets go live within 48 hours of signing up and without any vehicle downtime. Volteum also uses aggregated fleet data to optimise day-to-day operations, automate fleet reporting, and proactively flag unusual vehicle or charging behaviour before these cause extreme costs or any downtime.

“We built Volteum to work for fleet managers regardless of where they are in the transition from diesel to electric” said Zsófia Tóth, Co-Founder and CEO of Volteum. “Our goal isn’t to push managers into electrifying their entire fleet, but rather give them the knowledge and the tools to make the most cost-effective decisions. This funding round positions us well to expand our work with fleet managers who need serious data transparency.”

Platform recommendations around charging, maintenance, battery health, and vehicle utilisation improve over time thanks to the software’s continuous training on more than 3 billion operational fleet data points.

By identifying maintenance issues before they become costly failures and uncovering inefficient charging behaviour across fleets, Volteum can help operators reduce operational costs by up to 30 percent. Previously, many fleet teams either lacked access to this data entirely or struggled to turn fragmented data sources into actionable operational insights. Outside of daily operations, Volteum’s Electric Fleet Planner (EFP) workflow manages long-term electrification planning for fleet managers looking to make the EV transition in the most practical and cost-efficient way possible.

“Volteum is addressing one of the most practical and underappreciated challenges in the electrification of commercial transport” added Artur Banach, Partner at Movens Capital. “They’re supporting fleet operators in the move from ambition to operational execution. I’m impressed by the quality of their early customer traction as well as the positivity of customer feedback. Volteum is quickly becoming the decision layer of choice for fleet operations. We are excited to lead this round and support the team as they scale toward becoming a category-defining platform in Europe.”

Volteum already works with organisations including Royal Mail, Bolt, Lex Autolease, Schneider Electric, OTP Bank, NG Bailey, and Dundee City Council, as fleet operators across Europe face growing pressure to electrify without disrupting day-to-day operations. The European expansion made possible by this round will target fleet managers in logistics, utilities and car leasing and rental companies throughout 2026.

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Volteum

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