Tech Company Financing Transactions

TruckSmarter Funding Round

On 7/15/2024, TruckSmarter raised $50 million in funding from CoVenture and private investors.

Transaction Overview

Company Name
Announced On
7/15/2024
Transaction Type
Debt
Amount
$50,000,000
Round
Undisclosed
Investors

CoVenture (Lead Investor)

Proceeds Purpose
The company intends to use the funds to continue to scale its suite of financial services to further empower truck drivers to build, manage, and grow their businesses.

Company Information

Company Status
Private & Independent
Industry
Transportation
Mailing Address
307 5th St B
San Francisco, CA 94107
USA
Phone
Undisclosed
Email Address
Overview
Developer of a load board platform designed for truck drivers. The company's platform has the unique ability to offer customers higher paying loads at no monthly cost, and no long-term contract through a mobile application to find, and sort the load, enabling users to compatible with choosing the type and kind of carrier they want to deliver.
Profile
TruckSmarter LinkedIn Company Profile
Social Media
TruckSmarter Company Twitter Account
Company News
TruckSmarter News
Facebook
TruckSmarter on Facebook
YouTube
TruckSmarter on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Daniel Kao
  Daniel Kao LinkedIn Profile  Daniel Kao Twitter Account  Daniel Kao News  Daniel Kao on Facebook
Chief Technical Officer
Paolo Bernasconi
  Paolo Bernasconi LinkedIn Profile  Paolo Bernasconi Twitter Account  Paolo Bernasconi News  Paolo Bernasconi on Facebook


 

 

Browse more venture capital transactions:

Prev: 7/15/2024: Satoshi Protocol venture capital transaction
Next: 7/15/2024: Moving Tech (Namma Yatri) venture capital transaction

 

Share this article

 


Where The Data Comes From

We do our best to report on tech company VC transactions. All VC database entries on this site are derived from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary