No Blind Spots: 12 Early-Stage Trucking Tech Companies To Watch

Freight transport and trucking-focused startups account for a significant slice of funding to the broader supply chain and logistics category, and have received significant funding and press coverage recently.

We used the CB Insights platform to surface 12 notable, early-stage startups developing software platforms specifically aimed at disrupting the trucking industry. We selected these companies based on the recency and size of the companies’ disclosed funding and their Mosaic score, CB Insights’ proprietary algorithm that uses financial and non-financial signals to predict private company health. For more information on CB Insights Mosaic scoring tool read this.

Of the companies on our list, 6 are Series A startups and 6 are seed or angel-stage companies that have raised money within the last year. We have listed them in descending order of disclosed funding.

Series A trucking tech companies to watch

1. FourKites

Headquarters: Chicago, Illinois

Disclosed Funding: $17.9M

Select Investors: Harvard Business School, Hyde Park Angels and Hyde Park Venture Partners, Bain Capital Ventures

FourKites is a logistics platform for shippers, brokers, and carriers that leverages partnerships with GPS providers to deliver real-time truck location data.

2. 10-4 Systems

Headquarters: Boulder, Colorado

Disclosed Funding: $13.9M

Select Investors: Andrew Leto

10-4 Systems is a platform service that connects carriers, brokers, and shippers to move and track freight in real-time.

3. OnTruck

Headquarters: Madrid, Spain

Disclosed Funding: $12.2M

Select Investors: Atomico, IDInvest Partners, Point Nine Capital, Samaipata Ventures

OnTruck is an on-demand logistics platform that connects businesses with road freight companies.

4. project44

Headquarters: Chicago, Illinois

Disclosed Funding: $10.5M

Select Investors: Chicago Ventures, Emergence Capital Partners, Silicon Valley Bank

project44 provides a network of APIs to facilitate real-time information flow between supply chain partners for less-than-truckload shipments.

5. Fortigo Network Logistics

Headquarters: Bengaluru, India

Disclosed Funding: $10M

Select Investors: Accel Partners India, Nandan Nilekani

Fortigo Network Logistics is a fleet management and logistics marketplace platform for fleet owners, truck drivers, transporters, and transport companies to look for loads or find matching trucks with the best rates.

6. Blowhorn

Headquarters: Bengaluru, India

Disclosed Funding: $3.8M

Select Investors: Draper Associates, IDG Ventures India, Unitus Seed Fund

Blowhorn is an online platform that connects customers who want to move goods to owners of mini-trucks and provides training for drivers.

6 seed and early-stage companies to watch

1. Baba Super

Headquarters: Shenzhen, China

Disclosed Funding: $4.5M

Select Investors: The Launcher Corporation

Baba Super is a mobile platform connecting independent truck drivers to customers.

2. Convargo

Headquarters: Paris, France

Disclosed Funding: $1.7M

Select Investors: Jacques-Antoine Granjon, Jean-David Blanc, Pierre Kosciusko-Morizet, Xavier Niel

Convargo is a Parisian startup that connects shippers with trucking carriers in real time.

3. Freightera Logistics

Headquarters: Vancouver, Canada

Disclosed Funding: $1.7M

Select Investors: Robson Capital Partners, Ted Snider Financial

Freightera Logistics is an online marketplace for freight shipping. The platform matches manufacturers, distributors, and wholesalers with empty or less-than-truckload truckers.

4. FR8

Headquarters: Chennai, India

Disclosed Funding: $970K

Select Investors: Omnivore Partners

FR8 is an online marketplace offering long-haul trucking solutions to large corporations, small-to-medium businesses, and stakeholders in the agribusiness ecosystem.

5. Drive Spotter

Headquarters: Omaha, Nebraska

Disclosed Funding: $910K

Select Investors: Global Insurance Accelerator, Grinnell Mutual Reinsurance, Techstars

Drive Spotter aggregates and analyzes dash camera footage to help fleet managers train, engage, and incentivize drivers.

6. Ezyhaul

Headquarters: Singapore

Disclosed Funding: $840K

Select Investors: N/A

Ezyhaul is a platform that connects freight shippers with truckers to maximize fleet usage and reduce occurrence of empty back hauls.