Geode - NBIF - FINB
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Harold
Hutchinson

Geode

Founder

Geode
Geode

Investment
$200,000

Industry
ITC

Founded
2013

Vehicle Fleet Tracking For A Fraction Of The Cost

Geode Technologies is a developer of cloud based software applications for fleet tracking using smart phones and tablets. Focused on the $10B Location Based Services industry, Geode provides a full Software as a Service (SaaS) solution to an industry dependent on antiquated technology and hardware. Until recently, background geo tracking was not an option for mobile devices, as they continued to transmit even in sleep mode. Companies were forced to use dedicated devices, which require separate cell data plans. With the new changes by Apple and a number of Android devices, Geode was first to market with a solution.

Geode's mobile tracking app for iPhone and Android devices transmits location, messages and voice mail and enables users to set delivery schedules, confirm pickups and monitor location. The hardware module transmits additional information, such as engine temperature, oil pressure, speed and idle time. The browser dashboard allows users further functionality and ongoing monitoring. Considering recent U.S. legislation requiring tracking and reporting regardless of company size, the company offers solutions from a simple app to an installed hardware/software telemetry solution. The company has partnered with iTrak, a leading US based fleet tracking company with numerous GPS technology patents that manages over 200,000 vehicles.