Founded in South Africa in 2004, Cartrack has grown into a leading global Software-as-a-Service (SaaS) provider for mobility solutions. The company develops and sells a platform that uses telematics data from in-vehicle devices to provide actionable insights for fleet owners and individual consumers. Its core services help customers manage vehicle fleets efficiently, improve driver safety, lower operational costs, and recover stolen vehicles. In 2021, Cartrack restructured and became a wholly-owned subsidiary of its new holding company, Karooooo Ltd., which listed on the Nasdaq Stock Market.