LEASING broker fleet management platform ODO has received a funding round of £10m secured through its parent company DRIVE Software Solutions.

It follows a number of customer wins secured under chief commercial officer Robert Gorby.

These include leasing brokers Select Car Leasing and Rivervale Leasing as well as corporates such as Acosta Europe.

It said additional revenue would be generated through agreements with suppliers to the leasing ecosystem, allowing ODO to generate income from a wide array of related applications, including its relationship with Masternaut.

Gorby added:

Over the coming decade, fleet managers will need to maintain a balance between EV and ICE, for which ODO data management provides the required systems. New growth opportunities include large fleet management, EV Data Dashboard and Uber for Fleets.

DRIVE Software Solutions is owner by VIVIA Investment Partners, a Swiss venture capitalist firm.

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