TruckSmarter raises $50 million in debt financing led by CoVenture to expand financial services for truck drivers
Amount Raised
$50 Million
Round Type
Debt Financing
San FranciscoFinancial ServicesTransportationLogisticsInvestors
Description
TruckSmarter, a digital platform for trucking industry, closed a $50 million debt facility, with the option to scale to $100 million, led by CoVenture. The financing will enable the company to expand its suite of financial services to make drivers' lives easier and further empower them to build, manage, and grow their businesses.
Quick answer
TruckSmarter raised $50 Million in a Debt Financing round, dated July 15, 2024. Investors: Co Venture. TruckSmarter is based in San Francisco, California, United States.
- How much did TruckSmarter raise?
- TruckSmarter raised $50 Million in a Debt Financing round on July 15, 2024.
- Who invested in TruckSmarter?
- Co Venture is named as investors in this round.
- What does TruckSmarter do?
- TruckSmarter is a digital platform designed to assist owner-operators and trucking companies in optimizing their operations.
- Where is TruckSmarter based and how big is it?
- TruckSmarter is based in San Francisco, California, United States. Fundz records about 63 employees.
- Who are the decision-makers at TruckSmarter?
- Fundz holds 1 contact at TruckSmarter. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and Transportation around the same time
Companies in the same sectors as TruckSmarter that raised within 45 days of this round, from Fundz verified event records.
- Yotuh Energy raised $182K (Angel) on August 20, 2024.
- Shadowfax raised $100M (Series E) on August 13, 2024.
- RXO raised $550M on August 12, 2024.
- PICit A/S raised an undisclosed amount on August 9, 2024.
- Onepak raised $20M (Private Equity) on July 31, 2024.
- FastBeetle Logistics Pvt. Ltd raised an undisclosed amount (Seed) on July 12, 2024.
Who to call at TruckSmarter, and when
A new round usually means TruckSmarter is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day TruckSmarter raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at TruckSmarter, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at TruckSmarter. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment TruckSmarter raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
TruckSmarter raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.