The AI Operating System For Modern Fleets.
Carma is building an AI-native platform that transforms fleet operations from tedious, manual work into effortless, automated workflows. We're the fastest-growing company in fleet management software. Carma already powers some of the largest fleets in the U.S., including Fortune 500 clients, saving operations teams thousands of hours by eliminating busywork and keeping vehicles on the road. Backed by Soma Capital, Y Combinator, founders of Superhuman, and Tier-1 investors, we raised our $5.5M seed and are sprinting toward a Series A in 2026. We're hiring the top 0.1% of engineers who want real ownership and impact—starting Day 1, you'll build and ship fast to production for enterprise clients. Fleet operations run in real time, so your work is immediately used in the field and gets real customer feedback in hours, not months.
We Replaced Fleet Operations With Software.
We manage 10,000+ vehicles for Fortune 500 companies with a team of 10.
8 months ago, we scrapped our original model and rebuilt Carma as an AI-native operating system for fleet operations.
Since then, every metric has compounded.
⸻
The problem
Fleet maintenance is the #1 cost for companies that run vehicles.
And it's still managed with:
- 15+ disconnected tools
- spreadsheets
- phone calls
Million-dollar decisions happen daily.
Made by people who:
- aren't automotive experts
- aren't incentivized on cost
So they approve everything.
Management can't keep up. The problem requires deep technical context. It gets ignored.
As fleets grow, complexity snowballs.
The double-effect is vicious:
Vehicle uptime drops while costs spiral.
Margins bleed heavily.
⸻
Why incumbents fail
The incumbent software providers are 30+ year-old leasing companies.
They make money when fleets replace vehicles more often.
So real optimization works against them.
Their software reflects it:
- system of record
- not system of intelligence
In reality: glorified Google Drive with manual data entry.
No automation. No decisions. No leverage.
⸻
What we built
Carma replaces the entire stack.
Our AI system, Neo, runs fleet operations end-to-end:
- automates all repetitive daily workflows
- replaces all manual labor
- replaces all fragmented software
And makes optimal decisions:
- verifies pricing
- selects vendors
- schedules maintenance
- audits invoices
- determines replacement timing
Not when a leasing company wants to sell a new vehicle.
When it actually makes economic sense.
Every service makes Neo smarter.
Customers don't add Carma.
They replace everything with it.
⸻
Traction
- +10,100+ vehicles in 8 months, growing ~35%+ MoM
- 13 enterprise customers (all $100M+ revenue, including F500 clients)
- 100% customer retention
- $2,500+ value per vehicle annually
- 7.6x average cash ROI for customers
⸻
Why now
AI can finally automate judgment, not just data entry.
Before: hire more people or accept inefficiency.
Now: neither.
Active Founders
Founder
Muhammad Alasgarli
Founder & CEO @ Carma. Previously, Muhammad worked in investment banking (M&A/Restructuring) in NYC where he executed mega-cap mergers & acquisitions for publicly traded auto-tech companies, automotive OEMs, Tier 1 suppliers, and related auto service providers. He has worked on over $60B of cumulative transactions for notable corporate clients such as Carvana, Honeywell Transportation Systems, and various stakeholder affiliates of Hertz Rent-A-Car. Graduate of Washington University in St. Louis.
Founder
Suleyman Alasgarli
Founder & Chief Growth Officer @ Carma.
Team
Built to Win This Market
CEO
$60B+ M&A in automotive & fleet
Chief Growth Officer
Scaled a medical practice portfolio from $5M to $31M while in med school
CTO
ML infra at Google Cloud, real-time systems at Discord
Head of Ops
ASE Master Tech, built ALLDATA international ops
If you're an investor or operator in this space