MagicGPS

MagicGPS offers GPS tracking at a significantly lower cost compared to traditional cellular solutions at just $29 a year. The company targets a wide range of businesses, including cities, counties, towns, municipalities, contractors, EMS, Fire, Police, trades, and trucking companies. It provides a patented and inexpensive Wi-Fi GPS tracking solution, leveraging existing open or secured Wi-Fi access points to disrupt the high-cost GPS alternatives, offering savings of up to $35,000 annually for a fleet of 100 vehicles. Founded in 2013 and based in the United States, MagicGPS aims to help businesses and local governments enhance their fleet management, reduce operational stress, and improve customer satisfaction. The company's innovative technology allows for seamless roaming between Wi-Fi access points, significantly reducing the average cost for fleet GPS tracking. With its compelling value proposition and disruptive technology, MagicGPS presents a compelling investment opportunity in the transportation industry. The cost-saving potential and the ability to enhance operational efficiency and safety for businesses and municipalities make MagicGPS an attractive venture capital consideration.