Tech Company Financing Transactions
CloudTrucks Funding Round
CloudTrucks, based in San Francisco, scored $115 million from Tiger Global Management, Flexport and private investors.
Transaction Overview
Company Name
Announced On
11/30/2021
Transaction Type
Venture Equity
Amount
$115,000,000
Round
Series B
Investors
Tiger Global Management (Lead Investor)
private investors (Eric Wu)
private investors (Michael Ovitz)
Proceeds Purpose
The company will use the funds to increase headcount as it expands its business, which operates in the United States.
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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