KeepTruckin Raises $50 Million

KeepTruckin, a leading electronic logs and fleet management platform for the trucking industry, announced it has secured $50 million in Series C financing. IVP led the round, with participation from existing investors Scale Venture Partners, Index Ventures, and Google Ventures.

Launched in 2013, KeepTruckin’s electronic logging and fleet management solution connects vehicles, drivers, and fleet managers on a single platform. The company provides a modern electronic logging device and software that handles compliance, safety, GPS tracking, fuel tax reporting, and other common trucking functions.

In the past 12 months, according to the company, KeepTruckin has expanded its team from 70 to 500 members across its six global offices and expanded its customer base from 500 to more than 30,000 companies.