Los Angeles – May 2026 – Zeti, an asset finance software platform for fleet, mobility, and energy transition assets, today announced a new partnership with Dollaride and Chestnut Run Capital Partners to finance and manage electric vehicle fleets supporting non-emergency transit services in New York City.
Through this collaboration, Zeti is helping unlock flexible capital for the deployment of electric vehicles serving communities where traditional public transportation is limited. The financing facility, provided by Chestnut Run, supports Dollaride’s continued expansion of clean, community-based mobility services.
As part of the structure, Zeti’s platform, ZetiOS, connects real-time asset data with financing and operations. This enables:
- Real-time monitoring of asset performance and utilization
- Enhanced risk visibility for Chestnut Run throughout the life of the loan
- Automated billing and collections aligned with actual vehicle usage
- Emissions tracking and geospatial reporting of environmental impact
“We are pleased to support Dollaride with a combined financing and asset management solution that enables the transition to electric fleets,” said Dan Saunders, CEO of Zeti. “This partnership demonstrates how integrating capital with real-time asset intelligence can accelerate deployment while improving transparency and performance.”
“Access to flexible financing is critical to scaling clean transit solutions,” said Su Sanni, CEO of Dollaride. “With Zeti and Chestnut Run, we not only secure capital but also gain the tools to manage, track, and optimize our fleet in real time.”
“Zeti’s platform provides enhanced visibility into asset performance and supports active risk management across the portfolio,” said Yeng Felipe Butler, Managing Partner at Chestnut Run Capital Partners. “This alignment between data and financing is a key differentiator as we scale our investments in clean transportation.”
Zeti also played a central role in originating and structuring the transaction, bringing together operator and lender through its platform. The financing closed on May 5 and represents the first of several expected transactions under a broader collaboration between Zeti and Chestnut Run.
About Zeti
About Zeti Zeti is an award-winning financial technology company transforming how fleets, equipment, and energy infrastructure projects are financed and managed. Its asset finance platform, ZetiOS, delivers real-time performance data providing both financial and operational insight. By connecting funders with operators through its asset finance platform, Zeti enables flexible financing, automated loan management, and data-driven decision-making.
Learn more: https://www.zeti.group/us/.
About Dollaride
Dollaride is a mobility company focused on expanding access to reliable and affordable transportation in underserved urban communities. Through innovative partnerships and clean vehicle deployment, Dollaride is helping modernize transit systems and improve access to essential services.
Learn more: https://www.dollaride.com/
About Chestnut Run Capital Partners
Chestnut Run Capital Partners is a private credit firm providing flexible, asset-based financing solutions to companies in the lower middle market, with a focus on the energy transition and human health sectors.
Learn more: www.chestnutruncapital.com
Media Contact
Phoebe Dickson
Head of Marketing, Zeti
phoebe.dickson@zeti.group