About TruckPad
TruckPad is a company based in Sao Paulo (Brazil) founded in 2014 was acquired by JSL in May 2022.. TruckPad offers products and services including Pagamentos Digitais, Torre de Controle, Clube de Compras, and Super App para Motoristas. TruckPad operates in a competitive market with competitors including Loadsmart, Cargo X, Freto, Cheap2Ship and Sontra Cargo, among others.
- Headquarter Sao Paulo, Brazil
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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 Truckpad Tecnologia E Logística S.A.
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Products & Services of TruckPad
TruckPad offers a comprehensive portfolio of products and services, including Pagamentos Digitais, Torre de Controle, Clube de Compras, and Super App para Motoristas. 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.
Digital tools for freight payments and toll management services.
System for managing shipments and monitoring delivery processes.
Platform offering exclusive deals on products and services for users.
App simplifying daily operations and payments for truck drivers.
Funding Insights of TruckPad
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2019 | Amount | Series A - TruckPad | Valuation | TORA |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 TruckPad
TruckPad has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include JSL and TORA. 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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Freight forwarding and logistics services are provided internationally.
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Founded Year | Domain | Location | |
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Integrated logistics services for cargo transport and warehousing are provided.
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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 TruckPad
| 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 - TruckPad
| 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 |
Truckpad Comparisons
Competitors of TruckPad
TruckPad 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 Loadsmart, Cargo X, Freto, Cheap2Ship and Sontra Cargo, 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 |
Trucking services are booked via an online marketplace platform.
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| domain | founded_year | HQ Location |
Online marketplace for freight transportation services
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| domain | founded_year | HQ Location |
A freight transportation platform connecting carriers to truck drivers utilizing technology to optimize logistics operations
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| domain | founded_year | HQ Location |
Multi-modal freight transportation is booked via an online platform.
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| domain | founded_year | HQ Location |
Functions as an on-demand platform for truck transportation services.
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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 Truckpad
Frequently Asked Questions about TruckPad
When was TruckPad founded?
TruckPad was founded in 2014 and raised its 1st funding round 5 years after it was founded.
Where is TruckPad located?
TruckPad is headquartered in Sao Paulo, Brazil.
What does TruckPad do?
TruckPad was founded in 2014 in Sao Paulo, Brazil, as a freight exchange marketplace in the logistics sector. Operations are facilitated through a smartphone application, where independent truckers access nationwide load offers, share locations with shippers, and track deliveries. Services include load sourcing and real-time monitoring, enabling efficient connections between shippers and self-employed drivers across the country.
Who are the top competitors of TruckPad?
What products or services does TruckPad offer?
TruckPad offers Pagamentos Digitais, Torre de Controle, Clube de Compras, and Super App para Motoristas.