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CloudTrucks

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A virtual trucking carrier application designed to reduce operating costs for truck drivers

HQ

San Francisco, CA USA

N/A

N/A

Founded
2019
Company
Analysis
Valuation
Contacts
CloudTrucks is a virtual trucking carrier network. The company’s platform enables the management and booking of loads from brokers and shippers, offering instant payments after load delivery and access to cheap insurance options. It’s end-to-end solutions for owner-operators and small trucking carriers are designed to keep costs low by leveraging data data science and machine learning techniques.

CloudTrucks was founded in 2019 by Tobenna Arodiogbu and Jin Shieh.
Employees
142
As of Mar 07, 2023
Total Raised to Date
$141,600,000
22 Months Since Last Deal
Last Deal Details
$115,000,000
Series B (November, 2021)
Last Valuation
Undisclosed

Company Overview

Operating Status
Active
Ownership Type(s)
Venture Capital
Main Product(s)
Data & Analytics
Technology
AI / ML
Tags
FreightTech, FinTech

Operating Model

Model Type(s)
Financial
Revenue Type(s)
Commission
Customer Type(s)
Enterprise, SMB
Geographic Exposure
USA
Total Customers
500 - 1,000
Retention Range
80 - 90%

CloudTrucks - FAQ

When was CloudTrucks founded?
CloudTruckswas founded in 2019.
Where is CloudTrucks’s headquarters located?
CloudTrucks’sheadquarters is located in San Francisco, CA, USA.
How many employees does CloudTrucks have?
CloudTruckshas 142 employees as of March 07, 2023.
How much has CloudTrucks raised to-date?
As of September 18, 2023,CloudTruckshas raised a total of $141.60 million (USD) since 2019.
When was CloudTrucks’s last funding round?
CloudTrucks’smost recent funding round was for $115.00 million (USD) in November 2021.
How many customers does CloudTrucks have?
CloudTruckshas an estimated 500 - 1,000 customers as of April 22, 2023.
Who are CloudTrucks competitors?
Companies similar toCloudTrucksincludeAirspace,Flexport, andMacroPoint.
Source(s): This page includes data and analysis provided by the company, OpenAI, and our research analysts
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