CloudTrucks

San Francisco, United States Founded: 2019 • Age: 7 yrs
Web-based payment solutions are offered for trucking operations.
Annual revenue - Latest available
Total funding $141.6M 3 rounds
Employees - Tracked headcount
Investors 12 Known backers
Products 2 Services tracked
Competitors 9 Brand Intelligence

About CloudTrucks

CloudTrucks is a company based in San Francisco (United States) founded in 2019 by Jin Shieh and Tobenna Arodiogbu. CloudTrucks has raised $141.6 million across 3 funding rounds from investors including Flexport, Khosla Ventures and Tiger Global. CloudTrucks offers products and services including Virtual Carrier and Third Party Logistics Exchange. CloudTrucks operates in a competitive market with competitors including Echo Global Logistics, Transfix, uShip, Uber Freight and Loadsmart, among others.

  • Headquarter San Francisco, United States
  • Founders Jin Shieh, Tobenna Arodiogbu
  • Stage Soonicorn
  • Sectors
    Transportation, Automotive & Logistics
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Cloudtrucks, Llc
Operational Areas
Transportation, Automotive & Logistics → Supply Chain, Freight & Logistics Unlock Sub-Sector Unlock Segment
Transportation, Automotive & Logistics → Supply Chain, Freight & Logistics Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $141.6 M (USD)

    in 3 rounds

  • Latest Funding Round
    $115 M (USD), Series B

    Nov 30, 2021

  • Investors
    Flexport

    & 11 more

  • Employee Count
    Not available
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Products & Services of CloudTrucks

CloudTrucks offers a comprehensive portfolio of products and services, including Virtual Carrier and Third Party Logistics Exchange.

Product name locked
Category locked
Primary

Enables leasing to carriers while maintaining independence

Product name locked
Category locked
Locked

Streamlines shipping operations for better efficiency

People of CloudTrucks

Headcount 50-200
Employee Profiles 27
Employee Profiles
People
Tobenna Arodiogbu
CEO
People
Ivanna Carranza
Collections Department Lead
People
Elizabeth Pullman
Head Of Operations & Partnerships
People
Mustafa Nafar
Chief Financial Officer

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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.

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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture and private equity investments are managed with global diversification.
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Early-stage venture capital firm investing in AI, healthcare, and tech sectors.
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A venture firm based in San Francisco and New York, investments are made in technology companies.
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Investor details for CloudTrucks

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  • Investor domains
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  • Participation history

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Investments & Acquisitions by CloudTrucks

Investments
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Investment portfolio details for CloudTrucks

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  • Transaction dates
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Financial Statements - CloudTrucks

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Detailed financials for CloudTrucks

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  • Profit trends
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Cloudtrucks Comparisons

CloudTrucks Primary company
Description
Web-based payment solutions are offered for trucking operati...
Location
San Francisco, United States
Founded Year
2019
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for CloudTrucks

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Competitors of CloudTrucks

CloudTrucks operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Echo Global Logistics, Transfix, uShip, Uber Freight and Loadsmart, among others.

Company Name Domain Founded year HQ Location Description
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Technology-enabled supply chain and transportation services are provided to enterprises.
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Offers a marketplace providing on-demand load matching and freight booking services
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Global online marketplace for freight and vehicle shipping is facilitated.
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Trucking carriers are matched with shippers via an online marketplace.
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Trucking services are booked via an online marketplace platform.
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Detailed competitors of CloudTrucks

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Latest news on Cloudtrucks

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Complete news archive for CloudTrucks

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  • Source and publication date
  • Older coverage
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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.

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.

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