Friday, May 24, 2019
Technology News
Technology News Delivered Daily
Home / Uncategorized  / KeepTruckin Raises $149 Million in Series D Funding

KeepTruckin Raises $149 Million in Series D Funding

KeepTruckin Raises $149 Million in Series D Funding
Credit: keeptruckin.com

Fleet management network KeepTruckin secured $149 million in a Series D investment led by Greenoaks Capital, with participation from existing investors IVP, GV, Index Ventures, and Scale Venture Partners. The latest round brings the company’s total funding to $228 million.

Using freight data analytics, KeepTruckin’s fleet management solutions and its partner network tackle vehicle and driver compliance, safety, and freight tracking, and strive to keep 250,000 vehicles and 50,000 for-hire carriers full and on the road.

KeepTruckin plans to use the funds to hire exceptional talent, invest in hardware, build strong partnerships, and further its advancements in machine learning.