Yellowfox gets new partner

The start-up Yellowfox has been active in the logistics industry for 18 years. Now it is getting support from the investment company ECM.
The investment company Equity Capital Management (ECM) is supporting the telematics software start-up Yellowfox with immediate effect. Neither side is announcing financial details, only that Yellowfox co-founder and CEO Hendrik Scherf and the other shareholders will remain involved.
"I am proud of the Yellowfox team," says Scherf, explaining the new choice of partner: "For the next development step, we have now found a partner with a great feel for growth opportunities in ECM. Together we want to take Yellowfox to the next level."
Since 2003, the start-up based near Dresden has been offering intelligent telematics solutions for a wide range of industries, vehicle types and company sizes. This can be used, for example, to track working hours, route planning, fleet inventory or expenses, and driving style control is also possible. Customers include companies in the construction and logistics industries. There are currently 70 employees in the DACH region.
"We see great potential for Yellowfox. The application areas for telematics solutions are far from exhausted and the growth prospects are therefore exceptionally good," says Florian Thelenberg, Partner at ECM.

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