Leading fuel technology company CTA Smart has secured a strategic $3 million investment to accelerate its global reach. This funding round, led by Invisto and Indicator Capital, will propel CTA Smart’s expansion into the vast North American market and lay the groundwork for further international growth.
Building on a Strong Foundation
CTA Smart’s consistent financial and commercial growth, particularly in North America, attracted the attention of investors. The company boasts an impressive network of active fueling points, surpassing 3,000 in Brazil and exceeding 400 in the United States within the last 18 months. They currently manage a staggering 2.5 billion liters of diesel annually.
Smart Technology for Smarter Fuel Management
Headquartered in Brazil, CTA Smart offers a SaaS (Software as a Service) platform that utilizes intelligent systems technology for efficient fleet fueling across various industries. This robust, remotely installed solution provides real-time, cloud-based management, previously available only to large enterprises, significantly reducing fuel waste and optimizing operational costs for businesses of all sizes.
Setting Sights on Global Leadership
“This investment is a testament to the success of our innovative approach to fuel management,” said Bruno Lopes, CEO of CTA Smart. “We are excited to leverage this funding to solidify our presence in North America and establish ourselves as a global leader in the fuel technology sector.”
A Gateway to the Global Market
Marcelo Wolowski, founder and CEO of Invisto, a leading Southern Brazilian VC firm, is confident about CTA Smart’s potential. “Their impressive traction in the American market positions them perfectly to become a major player on the global stage,” he remarked.
Global Reach with Link2Pump
CTA Smart’s international brand, Link2Pump, led by CEO Filipe Borges, has experienced remarkable growth, achieving over 100% annual growth for the past two years. Link2Pump currently operates in seven countries, including Argentina, Uruguay, Paraguay, the Dominican Republic, Mexico, Canada, and the United Arab Emirates. Their technology serves a vast network across 40 U.S. states, attracting large-scale clients and solidifying their position as a major force in the global fuel management landscape.
A Bright Future for Fuel Management
CTA Smart’s success story underscores the transformative potential of technology in the fuel sector. Their innovative solutions not only streamline operations for businesses but also contribute to environmental sustainability by reducing fuel waste. With a clear vision for global leadership and a commitment to constant innovation, CTA Smart is well-positioned to revolutionize the way the world manages fuel.
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