About Trucker Path
Trucker Path is a company based in San Francisco (United States) founded in 2013 was acquired by Renren in December 2017.. Trucker Path has raised $21.5 million across 3 funding rounds from investors including SVB, Renren and Flexible Funding. Trucker Path offers products and services including Trucker Path App, Fleet Management Software, and Load Board. Trucker Path operates in a competitive market with competitors including Echo Global Logistics, Transfix, uShip, Uber Freight and Convoy, among others.
- Headquarter San Francisco, United States
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Sectors
Transportation, Automotive & Logistics
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Phone
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Website
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Social
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- Legal Name Trucker Path, Inc.
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Products & Services of Trucker Path
Trucker Path offers a comprehensive portfolio of products and services, including Trucker Path App, Fleet Management Software, and Load Board. 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.
Offers GPS routing and real-time updates for truck drivers' safety and efficiency.
Simplifies dispatching, tracking, and reporting for trucking operations and fleets.
Connects carriers and brokers for freight matching and market data access.
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Funding Insights of Trucker Path
Trucker Path has successfully raised a total of $21.5M across 3 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $30 million completed in June 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 3
- Last Round Debt – Conventional — $30.0M
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First Round
First Round
(04 Mar 2015)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2017 | Amount | Debt – Conventional - Trucker Path | Valuation |
investors |
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| Jun, 2015 | Amount | Series A - Trucker Path | Valuation |
investors |
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| Mar, 2015 | Amount | Seed - Trucker Path | Valuation | Renren |
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| 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 Trucker Path
Trucker Path has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include SVB, Renren and Flexible Funding. 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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Banking services are provided to innovative companies, investors, and individuals.
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Provides alternative financing, factoring, and lending solutions to support business cash flow.
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Founded Year | Domain | Location | |
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Online social networking is enabled via communication and media sharing.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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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 Trucker Path
| 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 - Trucker Path
| 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 |
Trucker Path Comparisons
Competitors of Trucker Path
Trucker Path 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 Convoy, 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 |
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| domain | founded_year | HQ Location |
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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| domain | founded_year | HQ Location |
Global online marketplace for freight and vehicle shipping is facilitated.
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| domain | founded_year | HQ Location |
Trucking carriers are matched with shippers via an online marketplace.
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| domain | founded_year | HQ Location |
Truckers are connected to on-demand freight via a digital platform.
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| domain | founded_year | HQ Location |
Online load board integrated with freight management functionalities
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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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Latest news on Trucker Path
Frequently Asked Questions about Trucker Path
When was Trucker Path founded?
Trucker Path was founded in 2013 and raised its 1st funding round 2 years after it was founded.
Where is Trucker Path located?
Trucker Path is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Trucker Path a funded company?
Trucker Path is a funded company, having raised a total of $21.5M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.5M, raised on Mar 04, 2015.
What does Trucker Path do?
Trucker Path was founded in 2013 in San Francisco, United States, within the logistics sector. Carriers are linked with shippers and brokers through two main products: a mobile app for driver assistance and an online marketplace for freight loads. Operations focus on smartphone-based load finding and haulage matching. A user base exceeding 600,000 drivers is supported across the platform, with acquisition by Renren occurring in December 2017.
Who are the top competitors of Trucker Path?
Trucker Path's top competitors include uShip, Transfix and Uber Freight.
What products or services does Trucker Path offer?
Trucker Path offers Trucker Path App, Fleet Management Software, and Load Board.
Who are Trucker Path's investors?
Trucker Path has 3 investors. Key investors include SVB, Renren, and Flexible Funding.
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