Investment Details
Investor Type
Venture Capital
Asset Class Focus
Venture Capital
Stage Focus
Seed, Early Stage, Series A, Series B, Growth
Geographical Focus
United States
Industries Focus
- Financial Services
- Logistics
- Artificial Intelligence
- Transportation Technology
Investor Details Founded: 2021
TruckSmarter is a digital platform designed to assist owner-operators and trucking companies in optimizing their operations. The company offers a suite of financial services and tools to help drivers earn more and manage their businesses. TruckSmarter serves as a one-stop shop for truck drivers, providing access to a free load board, transparent freight factoring, fuel discounts, and banking services.
In September 2025, TruckSmarter announced a $16 million investment to accelerate growth and product innovation, alongside the launch of Dispatch, an AI-powered tool designed to help carriers and brokers book loads faster. This development highlights the company's commitment to integrating advanced technology into the logistics and transportation sector.
In July 2024, TruckSmarter secured a $50 million debt facility, with the option to scale to $100 million, led by CoVenture. The funding aimed to expand the company's suite of financial services, further empowering truck drivers to build, manage, and grow their businesses. This strategic move underscores TruckSmarter's dedication to enhancing the financial well-being of its users through innovative solutions.
Contact
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Mentioned In
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