Tech Company Financing Transactions
CloudTrucks Funding Round
On 12/17/2020, CloudTrucks raised $20.5 million in Series A investment from Caffeinated Capital, Abstract Ventures and Better Tomorrow Ventures.
Transaction Overview
Company Name
Announced On
12/17/2020
Transaction Type
Venture Equity
Amount
$20,500,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to accelerate product development and recruitment of top talent in data science, engineering, operations, and sales.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
75 Boardman Pl.
San Francisco, CA 94103
USA
San Francisco, CA 94103
USA
Phone
Undisclosed
Website
Email Address
Overview
At CloudTrucks, we believe that truck drivers need more business support in an increasingly complex world. We are using a combination of software engineering, data science, and operational excellence to provide a uniquely enhanced and personalized experience for truck drivers. We reduce insurance costs and provide simple transparent pricing with no hidden fees.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Tobenna Arodiogbu
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