About Trukkin
Trukkin is a company based in Dubai (United Arab Emirates) founded in 2017.. Trukkin has raised $10.5 million across 3 funding rounds from investors including Emkan Capital, TAYA Groups and Impact46. Trukkin offers products and services including Trukkin Platform and Trukkin App. Trukkin operates in a competitive market with competitors including TruKKer, Load-Me, Transportr, JRS Logistics and Shipa Freight, among others.
- Headquarter Dubai, United Arab Emirates
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$10.5 M (USD)
in 3 rounds
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Latest Funding Round
$7 M (USD), Series A
Jun 09, 2021
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Investors
Emkan Capital
& 3 more
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Employee Count
Employee Count
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Products & Services of Trukkin
Trukkin offers a comprehensive portfolio of products and services, including Trukkin Platform and Trukkin App. 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 system for managing shipments and connections.
App for real-time tracking and payments in logistics.
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Funding Insights of Trukkin
Trukkin has successfully raised a total of $10.5M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $7 million completed in June 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.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series A — $7.0M
- First Round First Round
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2021 | Amount | Series A - Trukkin | Valuation | Emkan Capital | |
| May, 2019 | Amount | Series A - Trukkin | Valuation |
investors |
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| Jun, 2018 | Amount | Seed - Trukkin | Valuation | BATIC |
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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 Trukkin
Trukkin has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Emkan Capital, TAYA Groups and Impact46. 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 MENA technology companies are funded and mentored by Emkan Capital.
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Founded Year | Domain | Location | |
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Venture capital firm focused on seed and growth investments
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Founded Year | Domain | Location | |
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Batic is engaged in investment and logistics services across multiple sectors.
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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 Trukkin
| 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 - Trukkin
| 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 |
Trukkin Comparisons
Competitors of Trukkin
Trukkin 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 TruKKer, Load-Me, Transportr, JRS Logistics and Shipa Freight, 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 |
Trucks and loads are matched through an online platform.
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| domain | founded_year | HQ Location |
Trucking services are facilitated via an online marketplace platform.
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| domain | founded_year | HQ Location |
Provides door-to-door delivery and freight services for international logistics needs.
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| domain | founded_year | HQ Location |
Operates a digital hub for booking multi-modal freight transportation services.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Trukkin
Frequently Asked Questions about Trukkin
When was Trukkin founded?
Trukkin was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is Trukkin located?
Trukkin is headquartered in Dubai, United Arab Emirates. It is registered at Dubai, Dubai, United Arab Emirates.
Is Trukkin a funded company?
Trukkin is a funded company, having raised a total of $10.5M across 3 funding rounds to date.
What does Trukkin do?
Trukkin was founded in 2017 in Dubai, United Arab Emirates, as an online marketplace within the logistics sector. Load requests are placed by users, quotes are received from providers, bookings are confirmed, shipments are tracked, deliveries are verified, and payments are processed. Multiple types of pickup and trailer truck services are offered to facilitate transportation needs across the region.
Who are the top competitors of Trukkin?
Trukkin's top competitors include TruKKer, Load-Me and Transportr.
What products or services does Trukkin offer?
Trukkin offers Trukkin Platform and Trukkin App.
Who are Trukkin's investors?
Trukkin has 4 investors. Key investors include Emkan Capital, TAYA Groups, Impact46, and Batic.
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