About CloudTrucks
CloudTrucks is a Transportation, Automotive & Logistics company based in San Francisco (United States) founded in 2019 by Jin Shieh and Tobenna Arodiogbu. It operates as a web-based payment solutions are offered for trucking operations. CloudTrucks has raised $141.6 million across 3 funding rounds from investors including Flexport, Khosla Ventures and Tiger Global. CloudTrucks was last valued at $850 million in November 2021. Its chief executive is Tobenna Arodiogbu. Its website cloudtrucks.com draws about 33 thousand monthly visits. CloudTrucks offers products and services including Virtual Carrier and Third Party Logistics Exchange. Its focus areas include Transportation and Logistics, Freight Forwarders, Consumer and Logistics Tech. Its legal entity is CLOUDTRUCKS, LLC. Its competitors include Echo Global Logistics, Transfix, uShip, Uber Freight and Loadsmart and 3 more; 7 of its 8 listed competitors have raised funding.
Company details
CloudTrucks was established in 2019 in San Francisco, United States, focusing on the transportation sector. Cloud-based tools for revenue and administrative management are provided to trucking businesses, encompassing instant payments, schedule optimization, rate management, load booking via app, dispatch services, and truck assistance. The mobile application is accessible on Android and iOS platforms.
- Headquarters San Francisco, United States
- Founders Jin Shieh, Tobenna Arodiogbu
- Stage Soonicorn
- SectorsTransportation, Automotive & Logistics
- Website category Finance · Investing
- Email••••••••
- Website cloudtrucks.com
- Social LinkedIn X Facebook Instagram
- Legal Name Cloudtrucks, Llc
- Total Equity Funding$141.6M (USD)
in 3 rounds
- Latest Funding Round$115M (USD), Series B
Nov 2021
- InvestorsFlexport
& 11 more
Products & Services of CloudTrucks
CloudTrucks offers a comprehensive portfolio of products and services, including Virtual Carrier and Third Party Logistics Exchange.
Enables leasing to carriers while maintaining independence
Streamlines shipping operations for better efficiency
Apps and channels of CloudTrucks
CloudTrucks publishes 2 mobile apps with over 10K+ downloads.
Funding Insights of CloudTrucks
CloudTrucks has successfully raised a total of $141.6M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $115 million completed in November 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $141.6M
- Total Rounds 3
- Last Round Series B — $115M
- First Round $6.1M
(Jan 2020)
- Investors Count 12
All 3 funding rounds of CloudTrucks with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2021 | $115M | Series B | $850M | Tiger Global Management, Menlo Ventures | |
| Oct 2020 | $20.5M | Series A | – | Caffeinated Capital | |
| Jan 2020 | $6.1M | Series A | – | Craft Ventures |
| Date | Valuation | Stage |
|---|---|---|
| Nov 2021 | $850M | •••••••• |
Last known valuation $850M (Nov 2021). 12 investors in total: 10 institutional and 2 angel.
Investors in CloudTrucks
CloudTrucks has secured backing from 12 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Flexport, Khosla Ventures and Tiger Global.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture and private equity investments are managed with global diversification. | – | tigerglobal.com | New York, United States | |
Early-stage venture capital firm investing in AI, healthcare, and tech sectors. | – | menlovc.com | - | |
A venture firm based in San Francisco and New York, investments are made in technology companies. | – | caffeinatedcapital.com | San Francisco, United States | |
Venture capital fund focused on SaaS and consumer sectors | – | craftventures.com | San Francisco, United States | |
Early-stage startups are invested in by sector-agnostic VC firm. | – | abstractvc.com | San Francisco, United States | |
Early-stage startups are funded by this venture capital firm. | 2004 | khoslaventures.com | Menlo Park, United States | |
Seed-stage investments in multiple sectors are made by Kindred Ventures. | – | kindredventures.com | San Francisco, United States | |
Early-stage investments in fintech, vertical SaaS, and marketplaces are targeted. | – | btv.vc | San Francisco, United States | |
Investments are directed toward early-stage consumer-tech startups. | – | scifi.vc | San Francisco, United States | |
End-to-end supply chain logistics platform and services are provided. | 2013 | flexport.com | San Francisco, United States |
Investor details for CloudTrucks
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- Complete investor list
- Round participation
- Investor portfolios
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People of CloudTrucks
23 people are tracked at CloudTrucks (6 in leadership, 17 in team).
| Name | Role | Group |
|---|---|---|
Jin Shieh | Co-Founder & CTO | Leadership |
Tobenna Arodiogbu | Co-Founder & CEO | Leadership |
Elizabeth Pullman | Head Of Operations & Partnerships | Leadership |
Mustafa Nafar | Chief Financial Officer | Leadership |
Akiko Ito | Head of Design | Leadership |
Michele Pendergast | Head Of Growth | Leadership |
Ivanna Carranza | Collections Department Lead | Team |
Daniel Ly | Product Designer | Team |
Patricia S. Bess | Senior Controller | Team |
Kayhan Atesci | Product Designer | Team |
Keaton Subjeck | Senior Software Engineer | Team |
Cintia Araujo | Software Engineer | Team |
David Sanguino Restrepo | Operations Lead | Team |
Paige Osborne | Operations Lead | Team |
Alex Burke | Engineering Manager | Team |
Nj Umoh | Software Engineer, Platform And Infrastructure | Team |
Sheela Khadgi | Senior Accounting Manager | Team |
Anthony W. | Revenue Enablement & Inside Sales Manager | Team |
Daniel Husar | Lead Frontend Engineer | Team |
Amit Tallapragada | Senior Software Engineer | Team |
3 more people are available in the full profile.
Complete people profiles for CloudTrucks
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of CloudTrucks
4 dated milestones of CloudTrucks across 2 years, from founding to its latest funding, stage changes and deals.
- Founded CloudTrucks is founded.
- Funding First funding round of $6.1M.
- Funding Latest funding round, Series B, of $115.0M.
- Milestone Reaches Soonicorn status.
Competitors of CloudTrucks
CloudTrucks has 8 listed competitors in our database, 7 of them funded. They include Echo Global Logistics, Transfix, uShip, Uber Freight and Loadsmart, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| echo.com | 2005 | Chicago, United States | $17.3M | 2,405 | Technology-enabled supply chain and transportation services are provided to enterprises. | |
| transfix.io | 2012 | New York, United States | $124.56M | 282 | Offers a marketplace providing on-demand load matching and freight booking services | |
| uship.com | 2003 | Austin, United States | $51.81M | 115 | Global online marketplace for freight and vehicle shipping is facilitated. | |
| uberfreight.com | 2017 | San Francisco, United States | $2.78B | – | Trucking carriers are matched with shippers via an online marketplace. | |
| loadsmart.com | 2014 | New York, United States | $383.6M | – | Trucking services are booked via an online marketplace platform. | |
| convoy.com | 2015 | Seattle, United States | $828M | 909 | Truckers are connected to on-demand freight via a digital platform. | |
| truckstop.com | 1995 | New Plymouth, United States | – | – | Online load board integrated with freight management functionalities | |
| cargomatic.com | 2013 | Long Beach, United States | $49.66M | 251 | On-demand trucking marketplace for drayage connections is operated. |
Detailed competitors of CloudTrucks
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of CloudTrucks
The website of CloudTrucks (cloudtrucks.com) receives about 32.9K visits a month and ranks #490,934 among all websites worldwide, #4,967 in Investing.
- Monthly visits32.9K
▼ 23.7% vs previous month
- Unique visitors18.1K
per month
- Global rank#490,934
among all websites
- Category rank#4,967
Finance · Investing
- Bounce rate55%
- Pages per visit6.1
- Average visit3 min 36 sec
- DevicesDesktop 43% · Mobile 57%
Websites whose visitors overlap most with CloudTrucks. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| nextbillion.ai | 100% | 55.3K | #585,969 | View details | |
| coverwhale.com | 77% | 25.2K | #720,557 | View details | |
| spero.financial | 75% | – | #759,621 | View details | |
| springfreeev.com | 71% | 13.6K | #2,027,188 | View details | |
| primeis.com | 71% | 16.3K | #1,267,177 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 23 similar websites and full traffic analytics for CloudTrucks
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 23 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Logistics Technology & Platforms
10 companies that operate in the same segment as CloudTrucks (Logistics Technology & Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Ride-hailing and on-demand delivery services are aggregated via mobile app. | 2012 | Singapore, Singapore, Singapore | USD 10.38 B | USD 3.37 B | 57,733 | |
Food and grocery deliveries are facilitated through an app-based platform. | 2013 | San Francisco, California, United States | USD 2.5 B | USD 10.72 B | 80,579 | |
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.62 B | USD 2.46 B | 4,488 | |
Integrated logistics services including parcel delivery and warehousing are provided. | 2011 | Gurugram, Haryana, India | USD 1.25 B | USD 1.12 B | 23,536 | |
Online marketplace offering multi-category grocery products | 2015 | Barcelona, Catalonia, Spain | USD 1.16 B | – | 15,437 | |
E-commerce tools for shipping, marketing, and financial services are provided. | 2012 | Gurugram, Haryana, India | USD 321.57 M | USD 135.47 M | 915 | |
App based platform offering on demand delivery and ride-hailing services | 2010 | Jakarta, Jakarta, Indonesia | USD 4.72 B | – | 998 | |
Express delivery logistics solutions are provided for businesses and individuals. | 2015 | Bengaluru, Karnataka, India | USD 246.8 M | USD 447.86 M | – | |
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | 2015 | San Francisco, California, United States | USD 915 M | USD 1.62 B | 5,792 | |
Wolt is operated as a delivery platform for food and groceries. | 2014 | Helsinki, Finland | USD 827.96 M | – | – |
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Related news about Cloudtrucks
Complete news archive for CloudTrucks
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Frequently Asked Questions about CloudTrucks
CloudTrucks was founded in 2019 and raised its 1st funding round 1 year after it was founded.
CloudTrucks is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Tobenna Arodiogbu is the current CEO of CloudTrucks. They have also founded this company.
CloudTrucks is a funded company, having raised a total of $141.6M across 3 funding rounds to date. The company's 1st funding round was a Series A of $6.1M, raised on Jan 2020.
CloudTrucks was established in 2019 in San Francisco, United States, focusing on the transportation sector. Cloud-based tools for revenue and administrative management are provided to trucking businesses, encompassing instant payments, schedule optimization, rate management, load booking via app, dispatch services, and truck assistance. The mobile application is accessible on Android and iOS platforms.
CloudTrucks's top competitors include uShip, Transfix and Uber Freight.
CloudTrucks offers Virtual Carrier and Third Party Logistics Exchange.
CloudTrucks has 12 investors. Key investors include Flexport, Khosla Ventures, Tiger Global, Menlo Ventures, and Eric Wu.
The valuation of CloudTrucks is $850M as of Nov 2021.
CloudTrucks operates through Cloudtrucks, Llc.
Yes. CloudTrucks publishes CloudTrucks and 1 more app, with over 10,000 downloads.