San Francisco based business management software provider for trucking entrepreneurs raised $115m in Series B funding led by Tiger Global.
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CloudTrucks raises $115m in Series B funding
“We cater to owner-operators and truck drivers who have one or more trucks and are managing their business while also doing the job of moving goods from point A to point B,” Tobenna Arodiogbu, co-founder and CEO of CloudTrucks, told TechCrunch. “The job of being a trucking entrepreneur is getting harder and harder. Lots of tools are being built for brokers and shippers, but not nearly enough is being done for the truck driver who’s actually doing the really hard work.”
