Your Source for Venture Capital and Private Equity Financings

Venture Capital News: CloudTrucks Raises $20.5M Series A

2020-12-17
SAN FRANCISCO, CA, CloudTrucks has closed a Series A funding round of $20.5 million, led by Caffeinated Capital.
CloudTrucks, a virtual trucking carrier, has closed a Series A funding round of $20.5 million, led by Caffeinated Capital with participation from Craft Ventures, Khosla Ventures, SciFi VC, Kindred Ventures, Abstract Ventures, and Better Tomorrow Ventures. The firm also launched a first of its kind payments product-CT Cash-to help truckers manage payments.

The CloudTrucks app helps truck owners and operators efficiently manage their businesses with technology targeted to the unique needs of their industry. A "business in a box" for truckers, CloudTrucks empowers independent truck drivers to optimize their driving schedules for better pay rates, maximize their revenue and cash flow, while reducing their operating costs.
(c) by Massinvestor, Inc. For contact info, please check out our about page.
>> Click here for in-depth research on 9,000+ startups and 5,000+ VC investors