National Truck Protection

Cranford, United States Founded: 1983 • Age: 43 yrs Acquired By M Family Enterprises
Extended protection plans are provided for commercial vehicles.

About National Truck Protection

National Truck Protection is a company based in Cranford (United States) founded in 1983 was acquired by M Family Enterprises in September 2022. It operates as a Professional Services, and Commission-Based. National Truck Protection has raised $500 thousand across 6 funding rounds from investors including Saratoga Investment, Fidus Investment and Conversion Venture Capital. National Truck Protection offers products and services including Protection Plans, Class 8 Heavy Duty Coverage, and Class 2-7 Medium Duty Coverage.

  • Headquarter Cranford, United States
  • Sectors
    Transportation, Automotive & Logistics
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name National Truck Protection Co., Inc.
Operational Areas
Transportation, Automotive & Logistics → Automotive Manufacturing & Engineering
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $500 K (USD)

    in 6 rounds

  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    M Family Enterprises

    & 1 more

    (Sep 20, 2022)

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Products & Services of National Truck Protection

National Truck Protection offers a comprehensive portfolio of products and services, including Protection Plans, Class 8 Heavy Duty Coverage, and Class 2-7 Medium Duty Coverage. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Protection plans are offered for commercial vehicle coverage.

Coverage is provided for heavy-duty commercial vehicle repairs.

Coverage is extended to medium-duty commercial vehicle repairs.

People of National Truck Protection
Headcount 50-200
Employee Profiles 12
Employee Profiles
People
Claude St.germain
Bilingual Sales Director, Canada
People
Eric Vala
North East Sales Director
People
Kevin Hull
CEO & President
People
Geoff Stigler
Chief Operating Officer (coo)

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Funding Insights of National Truck Protection

National Truck Protection has successfully raised a total of $500K across 6 strategic funding rounds. 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
  • Total Rounds 6
  • Last Round
  • First Round
  • Investors Count 6
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2016 Amount Private Equity Round - National Truck Protection Valuation

investors

Jun, 2014 Amount Debt – Venture - National Truck Protection Valuation

investors

Oct, 2012 Amount Debt – Venture - National Truck Protection Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in National Truck Protection

National Truck Protection has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Saratoga Investment, Fidus Investment and Conversion Venture Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
Kinderhook Industries is engaged in private equity investments.
Founded Year Domain Location
Private equity investment firm investing in the US
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by National Truck Protection

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - National Truck Protection

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

National Truck Protection Comparisons

Employees
+
Add Comparison
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Competitors of National Truck Protection

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on National Truck Protection

Frequently Asked Questions about National Truck Protection

When was National Truck Protection founded?

National Truck Protection was founded in 1983 and raised its 1st funding round 24 years after it was founded.

Where is National Truck Protection located?

National Truck Protection is headquartered in Cranford, United States. It is registered at Cranford, New Jersey, United States.

Who is the current CEO of National Truck Protection?

Robert Amico is the current CEO of National Truck Protection.

Is National Truck Protection a funded company?

National Truck Protection is a funded company, having raised a total of $500K across 6 funding rounds to date.

What does National Truck Protection do?

National Truck Protection is engaged in offering industry-leading protection plans for commercial vehicles. Coverage is provided for a range of vehicles including Class 8 heavy-duty and Class 2-7 medium-duty trucks across the United States and Canada. Solutions are designed to maximize sales for dealers, simplify processes, and enhance customer confidence. Support is extended through seamless claims handling, sales training, marketing materials, and a partner portal. The company focuses on profitability with competitive commissions and dealer incentives while setting standards in the commercial vehicle protection industry.

What products or services does National Truck Protection offer?

National Truck Protection offers Protection Plans, Class 8 Heavy Duty Coverage, and Class 2-7 Medium Duty Coverage.

Who are National Truck Protection's investors?

National Truck Protection has 7 investors. Key investors include Saratoga Investment, Fidus Investment, Conversion Venture Capital, Kinderhook Industries, and Brookside Capital Partners.

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