Keeptruckin Raises $190 Million In New Funding

Jun 17, 2021•about 4 years ago

Amount Raised

$190 Million

San Francisco

Description

KeepTruckin, the leader in fleet management technology, today announced that it has raised $190 million in new funding from G2 Venture Partners, Index Ventures, Greenoaks, IVP, Scale Venture Partners, funds managed by BlackRock, and several other leading investors. The round values KeepTruckin at over $2 billion. The new capital will support KeepTruckin’s strategic priorities by allowing it to continue building innovative AI-powered products, recruiting top-tier talent, and scaling rapidly to meet the needs of businesses that power the physical economy.

Company Information

Company

Keep Truckin

Location

San Francisco, California, United States

About

KeepTruckin is the leader in fleet management technology. KeepTruckin’s cutting-edge hardware and cloud-based software help companies improve the safety and efficiency of their operations. With one platform spanning video-based driver safety, Electronic Logging Device (ELD) compliance, GPS tracking, dispatch, and fuel and maintenance, KeepTruckin provides an integrated fleet management system that scales to meet the needs of over one million drivers and 90,000 customers, from small trucking companies to Fortune 500 enterprises. Founded in 2013, KeepTruckin has over 2,000 employees and has raised $417 million from GV (formerly Google Ventures), Index Ventures, IVP, Scale Venture Partners, Greenoaks, G2 Venture Partners, and other leading investors. To learn more about KeepTruckin, visit: KeepTruckin.com.

FundzWatch™ Score

Medium Activity

Buyer Intent Analysis

Get personalized insights on buying likelihood

Funding Insights

Based on industry data

Tech investment trends