KeepTruckin Receives Strategic Investment from ITOCHU
Summary
KeepTruckin, a San Francisco, CA-based provider of modern fleet management solutions, received an investment from ITOCHU Corporation. The company will use the funds to continue to expand its reach and develop its solutions. The KeepTruckin App Marketplace offers customers a catalog of customizable integrations that can improve operational efficiencies and increase productivity to save fleets money. ITOCHU is one of the largest Japanese trading companies listed on the Tokyo Stock Exchange. The strategic partnership will accelerate KeepTruckin’s business growth and reinforce ITOCHU’s vehicle/truck-sector product sales and financial and logistics capabilities.
Funding
Amount
$35.0M
Total raised
Date
September 10, 2019
Announcement date
Investors
ITOCHU Corporation
Lead investors
Company
http://keeptruckin.com
Funded company
Classifications
industries
Transportation Industry
applications
Web and Content Management
AskAI Classifications
Labels
No AI classifications detected
Linked Companies
KeepTruckin, Inc.
$500M to $1B