KeepTruckin Secures $50M in Series C Financing

Funding Rounds

▤ Summary

KeepTruckin, a San Francisco, CA-based electronic logs and fleet management platform for the trucking industry, secured $50m in Series C financing.IVP General Partner Sandy Miller will join the KeepTruckin Board of Directors and IVP Principal Roseanne Wincek will join as Board Observer.The company intends to use the funds to invest in product development, expand sales and support teams, and enter new markets.Led by Shoaib Makani, cofounder and CEO, KeepTruckin provides fleets with a logging device (ELD) and electronic logging and fleet management software that connects vehicles, drivers, and fleet managers and handle compliance, safety, GPS tracking, fuel tax reporting, and more.The dashboard helps teams audit driver logs, manage IFTA fuel taxes, and track vehicles in real-time.

$ Funding

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Amount $50.0M Total raised
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Date March 20, 2018 Announcement date
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Investors IVP, GV Lead investors
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Company http://www.keeptruckin.com Funded company

▥ Classifications

industries
Transportation Industry
applications
Web and Content Management

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▦ Linked Companies

KeepTruckin, Inc.
$500M to $1B