|Investor||Lachy Groom and Sam, Original Capital, Stripe, Jack Altman, Tribe Capital, K5 Global, and many more|
|Valuation||Approx $700 Million|
TrueNorth 50M Altman Stripe Lachy
The CA-based company, TrueNorth raises $50 million led by Altman, Stripe, and Lachy, in the series B financing round. Original Capital, Tribe Capital, K5 Global, and many more backed the round. Till now TrueNorth raised $61.8M and CEO Jin Stedge said that they would invest these funds in global expansion.
Also, read Data Hex 52M Series Snowflake Databricks
TrueNorth is the only platform for independent truckers. They can signup on the platform and easily find bookings and manage their deliveries. In-app maps and routes help them to organize the loads. Fleets can easily pay through debit cards, credit cards and bank transfers with TrueNorth truckers having seen their 3.4x growth in revenue.