Risk Warning: Investing in early stage companies involves risk and should be done only as part of a diversified portfolio. Offers facilitated by Enterprise Angels are for Wholesale Investors who make their own investment decisions and understand the risks. Read the full risk warning.
Bonnet is a Tauranga based fleet management platform providing vehicle compliance, tracking, and operational tools through a unified, easy-to-use interface. By combining GPS and OEM vehicle data with plug-and-play hardware, it enables fleet operators to monitor activity, manage safety, and optimise costs without complex installations or lock-in.
Fleets often rely on fragmented, hardware-heavy systems with poor user experience, creating friction in compliance and operations. Bonnet addresses these gaps through easy plug and play hardware, a unified compliance focused platform, no lock ins and a simple user experience built for operators not engineers.
With a subscription-based revenue model, Bonnet serves various customer segments, from individual vehicle owners to large enterprises. Workshops and service centres can also leverage Bonnet as a CRM tool to manage vehicle maintenance and compliance needs.
Bonnet significantly cuts costs for fleet operators, who typically spend around $8,500 annually to manage compliance for a fleet of 20 vehicles. By reducing this expense to under $2,000, it provides exceptional value, driving rapid customer adoption.
Already trusted by major brands like Mainfreight, St John’s, Hirepool, NZ Police, and NZ Build Group, Bonnet quickly became the most downloaded app in New Zealand after its March 2023 launch. The company is now targeting fleets across New Zealand, particularly in ag-tech, construction, utilities, and rentals, with early expansion underway in Australia.
The company is led by founder CEO Steph Kennard, and CTO David Webb. Steph is also closely supported by the Investor Director, David Eldor.
Bonnet is one of the portfolio companies in EA Fund 4.
REGION – Bay of Plenty
INDUSTRY- Software
STAGE – Startup
INITIAL INVESTMENT DATE – April 2025
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