Flexcavo
Flexcavo was a Berlin-based ConTech company that built FlexcavoOS, a construction equipment tracking and digital fleet workflow platform serving contractors and rental companies in the DACH region, acquired by Trackunit A/S in January 2023.
- Company typePrivate
- Founded2020
- HeadquartersBerlin, Germany
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What Flexcavo does
Flexcavo was a Berlin-based construction technology company founded in 2020 that built FlexcavoOS, a software platform for construction equipment tracking and digital fleet workflow automation. The company served construction contractors and rental companies managing mixed-fleet equipment across multiple jobsites, with a primary geographic focus on the DACH region (Germany). Its functional scope covered equipment tracking, fleet visibility, utilization insights, and predictive maintenance capabilities, with a stated headcount of 51-100 employees.
In January 2023, Denmark-based Trackunit A/S acquired Flexcavo to strengthen its presence in the German market and consolidate FlexcavoOS into Trackunit Manager, Trackunit's unified fleet management platform that spans telematics, service and maintenance, and access management. Following the acquisition, Flexcavo no longer operates as an independent entity; its product surface is being migrated into Trackunit's platform, where it benefits from the IrisX AI layer that processes structured equipment time-series data (GPS, fuel, utilization, maintenance, fault codes) to deliver predictive analytics, anomaly detection, and utilization optimization.
Prior to the acquisition, Flexcavo had raised approximately $14.4 million across five funding rounds between July 2020 and February 2022, with investors including Picus Capital, Redstone.VC, VR Ventures, FJ Labs, Rivus Capital, United Volksbank Raiffeisenbank, and construction equipment OEM Wacker Neuson. The company was co-founded and led by Benedict Aicher and Leonhard Fricke. The addressable market context is the broader construction equipment tracking market, projected at $3.25 billion by 2030 at a 10.7% CAGR.
Flexcavo firmographics
Firmographics- Name
- Flexcavo
- Legal name
- Flexcavo
- Website
- https://flexcavo.de
- Company type
- Private
- Founded year
- 2020
- Operating status
- Acquired
- Headcount range
- 51–100 employees
- Short description
- Flexcavo was a Berlin-based ConTech company that built FlexcavoOS, a construction equipment tracking and digital fleet workflow platform serving contractors and rental companies in the DACH region, acquired by Trackunit A/S in January 2023.
- Ownership category
- akta.pro rank
Flexcavo industry classification
Industry- Product category
- Construction Fleet Management Software
- NAICS
- Computer Systems Design and Related Services (54151)
- SIC
- Services-Prepackaged Software (7372)
- akta.pro primary industry
- Equipment & Tool Tracking (Powered/Non-Powered) (TLABAJAD)
- akta.pro secondary industries
- Maintenance & Diagnostics Telematics (OBD/CAN, Predictive) (TLABAJAH), Fleet, Asset Tracking & Telematics Location Platforms (BPAMANAF)
Keywords
Where Flexcavo is headquartered
LocationHeadquarters
- HQ city
- Berlin
- HQ country
- Germany
- HQ region
- Europe
Markets served
Flexcavo business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Infrastructure, Operations
Flexcavo product offering
Product offeringCore offering
Flexcavo provided construction equipment tracking software (FlexcavoOS) that enabled digital fleet workflows for contractors managing equipment across multiple jobsites. The platform combined telematics, equipment tracking, utilization insights, predictive maintenance, and access management. Following its January 2023 acquisition by Trackunit A/S, FlexcavoOS is being integrated into Trackunit Manager to deliver a unified fleet management solution.
Product overview
Flexcavo was a German construction equipment tracking software provider acquired by Denmark-based Trackunit A/S in January 2023. The company's primary product was FlexcavoOS, which provided digital fleet workflows for construction equipment tracking. FlexcavoOS is now being integrated into Trackunit Manager, Trackunit's comprehensive fleet management platform, which includes fleet management, telematics, service and maintenance tools, and access management capabilities. This integration is designed to provide a more powerful, unified solution combining Flexcavo's contractor-focused features with Trackunit's broader IoT and telematics ecosystem.
Differentiator
Problem solved
Functional benefit
Brands
- FlexcavoOS: Construction equipment tracking software platform that has been integrated into Trackunit Manager solution.
Products and services
- FlexcavoOS
Companies that use Flexcavo
Customer profileSegments1 record
Ideal customer profiles1 record
Flexcavo technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability4 records
Flexcavo partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Trackunit A/ScoreIn January 2023, Denmark-based Trackunit A/S acquired German construction equipment tracking software provider Flexcavo to strengthen its German market presence and integrate Flexcavo's software for improved digital fleet workflows. FlexcavoOS is being integrated into Trackunit Manager solution to provide comprehensive fleet management, telematics, service and maintenance tools, and access management capabilities.
Scale indicators1 record
Recent moves4 records
Expansion highlights5 records
Flexcavo competitors and assessment
Company assessmentBroad incumbents
- Geotab: Established fleet telematics provider expanding into construction and heavy equipment; comparable on GPS tracking, utilization analytics, and maintenance diagnostics.
- Trimble Construction: Major construction technology vendor offering fleet, asset, and equipment management solutions as part of its broader construction software ecosystem; competes with Flexcavo on contractor fleet workflows.
- Verizon Connect: Large fleet telematics platform serving mixed industries including construction; offers overlapping GPS tracking, utilization, and maintenance features but as part of a broader multi-vertical portfolio.
- Samsara: Public IoT/fleet management platform with construction-industry customers; competes with Flexcavo on telematics, equipment visibility, and AI-driven insights, but at much larger scale and across verticals.
Direct peers
- Trackunit: Denmark-based construction equipment telematics and fleet management platform that acquired Flexcavo in January 2023; provides the closest direct comparison as both build IoT/telematics software for construction equipment fleets.
- HCSS: Heavy civil construction software suite including fleet management, telematics, and maintenance modules for contractors — a direct peer in serving digital fleet workflows in construction.
- MachineMax: Provides telematics and utilization analytics for construction equipment fleets; competes directly with Flexcavo in mixed-fleet tracking and predictive maintenance for contractors.
- Tenna: Construction equipment and asset tracking platform offering GPS, utilization, and maintenance workflows for contractors and rental companies, closely overlapping FlexcavoOS's feature set.
Others
- Wacker Neuson: Global construction equipment OEM and Flexcavo investor; comparable not as a software peer but as a strategic ecosystem participant that bundles or partners on connected-equipment offerings.
Emerging players
- Position Partners / Propeller Aero: Drone-based site intelligence and earthworks analytics platform with partial overlap into construction equipment utilization and site productivity — adjacent competitor in the digital jobsite category.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks5 records
Key highlights7 records
Customer concentration
Flexcavo social profiles
Digital presenceFlexcavo financial estimates
Financial estimateRevenue estimate
Valuation estimate
Flexcavo leadership team
Management profileNumber of profiles
Profiles2 records
Flexcavo funding detail
Funding detailFunding overview
Funding rounds5 records
Investors9 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Flexcavo M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Flexcavo
What does Flexcavo do?
Flexcavo provided construction equipment tracking software (FlexcavoOS) that enabled digital fleet workflows for contractors managing equipment across multiple jobsites. The platform combined telematics, equipment tracking, utilization insights, predictive maintenance, and access management. Following its January 2023 acquisition by Trackunit A/S, FlexcavoOS is being integrated into Trackunit Manager to deliver a unified fleet management solution.
Is Flexcavo a public or private company?
Flexcavo is a private company. It is classified as corporate owned and is currently acquired.
When was Flexcavo founded?
Flexcavo was founded in 2020. It employs 51 to 100 people.
Where is Flexcavo based?
Flexcavo is headquartered in Berlin, Germany, in the Europe region.
Who are Flexcavo's main competitors?
Broad incumbents on record are Geotab, Trimble Construction, Verizon Connect and Samsara. Direct peers are Trackunit, HCSS, MachineMax and Tenna. Wacker Neuson is listed as an others. Position Partners / Propeller Aero is listed as an emerging player.
Does Flexcavo have an API?
Yes. Trackunit (parent company of Flexcavo) offers API access for custom workflows through its Developer Hub. The platform provides SDK and developer documentation for building custom integrations and workflows. Developer documentation is at developers.trackunit.com.
What industry is Flexcavo in?
Flexcavo's product category is Construction Fleet Management Software. Its primary akta.pro industry code is TLABAJAD, Equipment & Tool Tracking (Powered/Non-Powered), with a secondary code of TLABAJAH, Maintenance & Diagnostics Telematics (OBD/CAN, Predictive). Its NAICS code is 54151 and its SIC code is 7372.