A Tale of Two Go To Market Strategies
Fleetmatics and Geotab achieved similar scale (~$100M+ ARR) in the fleet management SaaS market using radically different go-to-market approaches: Fleetmatics deployed an inside sales model with high-velocity sales cycles and multi-year contracts to improve unit economics at low ACV ($6,788), while Geotab bootstrapped by building an open platform sold through channel partners, achieving greater capital efficiency with significantly fewer employees. The article demonstrates that successful SaaS companies must align their product, pricing, and go-to-market strategy to match their target market segment.
Metrics in this report
6788USD
average
Fleetmatics at IPO, fleet management SaaS
3years
typical
Fleetmatics customer contracts
5times
actual
Fleetmatics (1,150 employees) vs. Geotab (300 employees) for similar ARR
6.5percent
actual
Fleetmatics 2015
14percent
actual
Fleetmatics 2016
320millions USD
actual
Fleetmatics 2016
110millions USD
actual
Geotab 2016
93millions USD
actual
Fleetmatics total fundraising