About Truck Driver Power
Truck Driver Power is a company based in St. Louis (United States) founded in 2016 by JT Peters and Danny Orthwein.. Truck Driver Power has raised $150 thousand across 2 funding rounds from investors including Innova Memphis. Truck Driver Power operates in a competitive market with competitors including WorkHound, TruckMap, BOBTAIL, Relay On Demand and Fleeting, among others.
- Headquarter St. Louis, United States
- Founders JT Peters, Danny Orthwein
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
*********
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Website
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Social
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- Legal Name Truck Driver Power, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$150 K (USD)
in 2 rounds
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Latest Funding Round
$150 K (USD), Seed
Jul 11, 2017
- Investors
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Employee Count
Employee Count
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Funding Insights of Truck Driver Power
Truck Driver Power has successfully raised a total of $150K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $150 thousand completed in July 2017. 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 Funding
- Total Rounds 2
- Last Round Seed — $150,000
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2017 | Amount | Seed - Truck Driver Power | Valuation |
investors |
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| Jun, 2017 | Amount | Seed - Truck Driver Power | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Truck Driver Power
Truck Driver Power has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Innova Memphis. 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.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage investments are made in high-growth technology companies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Truck Driver Power
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Truck Driver Power
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Truck Driver Power Comparisons
Competitors of Truck Driver Power
Truck Driver Power 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 WorkHound, TruckMap, BOBTAIL, Relay On Demand and Fleeting, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Mobile platform offering marketplace for drivers
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| domain | founded_year | HQ Location |
Navigation and routing for truck drivers are offered by TruckMap.
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| domain | founded_year | HQ Location |
Provides financial factoring and fuel-saving fleet cards for trucking operations.
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| domain | founded_year | HQ Location |
A marketplace connects carriers with on-demand truck drivers.
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| domain | founded_year | HQ Location |
Online platform for the on-demand hiring of truck drivers
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Truck Driver Power
When was Truck Driver Power founded?
Truck Driver Power was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is Truck Driver Power located?
Truck Driver Power is headquartered in St. Louis, United States. It is registered at St. Louis, Missouri, United States.
Who is the current CEO of Truck Driver Power?
JT Peters is the current CEO of Truck Driver Power. They have also founded this company.
Is Truck Driver Power a funded company?
Truck Driver Power is a funded company, having raised a total of $150K across 2 funding rounds to date.
What does Truck Driver Power do?
Founded in 2016 in St. Louis, United States, Truck Driver Power operates in the transportation sector through an app available on Android and iOS devices. Profiles are created by drivers to earn proprietary ratings, compete with peers, and connect with employers. Trip tools such as parking locators and weather forecasts are integrated to support operations.
Who are the top competitors of Truck Driver Power?
Truck Driver Power's top competitors include WorkHound, TruckMap and Relay On Demand.
Who are Truck Driver Power's investors?
Truck Driver Power has 1 investor. Key investors include Innova Memphis.