CloudTrucks wants to use technology to help trucking entrepreneurs operate their business: The California-based startup sells business management software that helps owner-operators manage cash flow and costs, generate revenue, handle insurance, and more, and it just raised a $115 million Series B. The company will use the funds to increase headcount as it expands its business, which operates in the United States. The company also wants to broaden its digital integration with brokers and shippers. As far as how CloudTrucks’ business is performing, the company said its revenue has increased 9.5x since it raised its $20.5 million Series A in December 2020. The startup also said it’s seen the number of loads completed on its platform grow 8x since last year, but declined to provide a base for either of those increases. Arodiogbu did say that the company completes thousands of loads around the country per month. Owner-operators usually own one truck and either lease onto a carrier or operate under their own authority, but CloudTrucks also targets entrepreneurs who have up to five trucks, as well as truckers who are contractors. Before founding CloudTrucks, Arodiogbu started Scotty Labs, a startup focused on building remote operations and autonomous driving solutions for the trucking industry, which was later acquired by DoorDash. CloudTrucks has the schedule and preferences for every driver in its system, so it’s able to send suggestions for available loads that can help maximize revenue given preferences and the states they’re willing to drive to.