About Work Truck Solutions
Work Truck Solutions is a company based in Chico (United States) founded in 2012 was acquired by Rubicon Technology Partners in March 2025.. Work Truck Solutions has raised $5 million across 3 funding rounds from investors including Canadian Imperial Bank of Commerce, Autotech Ventures and Mich Belles. Work Truck Solutions offers products and services including Dealer Solutions and Upfitter Solutions. Work Truck Solutions operates in a competitive market with competitors including Reynolds and Reynolds, Upstart, CDK Global, Tekion and Carketa, among others.
- Headquarter Chico, 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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$5 M (USD)
in 3 rounds
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Latest Funding Round
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Investors
Canadian Imperial Bank of Commerce
& 6 more
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Employee Count
Employee Count
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Acquired by
Rubicon Technology Partners
(Mar 04, 2025)
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Products & Services of Work Truck Solutions
Work Truck Solutions offers a comprehensive portfolio of products and services, including Dealer Solutions and Upfitter Solutions. 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.
Tools for managing commercial vehicle inventory and sales
Analytics platform for upfitters to optimize vehicle operations
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Funding Insights of Work Truck Solutions
Work Truck Solutions has successfully raised a total of $5M across 3 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 Funding
- Total Rounds 3
- Last Round Last Round
- First Round First Round
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2025 | Amount | Debt – Conventional - Work Truck Solutions | Valuation |
investors |
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| May, 2017 | Amount | Series B - Work Truck Solutions | Valuation | Autotech Ventures | |
| Sep, 2014 | Amount | Grant - Work Truck Solutions | Valuation |
investors |
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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 Work Truck Solutions
Work Truck Solutions has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Canadian Imperial Bank of Commerce, Autotech Ventures and Mich Belles. 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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VC firm investing globally
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Founded Year | Domain | Location | |
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Wakestream Ventures is engaged in early stage venture funding.
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Founded Year | Domain | Location | |
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Tech & Life-Sciences focused VC Firm investing in the US
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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 Work Truck Solutions
| 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 - Work Truck Solutions
| 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 |
Work Truck Solutions Comparisons
Competitors of Work Truck Solutions
Work Truck Solutions 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 Reynolds and Reynolds, Upstart, CDK Global, Tekion and Carketa, 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 |
Software and services for automotive dealership retailing are provided.
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| domain | founded_year | HQ Location |
Diversified loans are provided via an AI-enabled online marketplace.
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| domain | founded_year | HQ Location |
Cloud-driven management systems for auto dealerships are provided.
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| domain | founded_year | HQ Location |
AI and cloud-driven systems for auto dealership management are provided.
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| domain | founded_year | HQ Location |
Inventory management solutions are provided for automotive dealerships.
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| domain | founded_year | HQ Location |
Developer of an online P2P marketplace for used cars
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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 Work Truck Solutions
Frequently Asked Questions about Work Truck Solutions
When was Work Truck Solutions founded?
Work Truck Solutions was founded in 2012 and raised its 1st funding round 2 years after it was founded.
Where is Work Truck Solutions located?
Work Truck Solutions is headquartered in Chico, United States. It is registered at Chico, California, United States.
Is Work Truck Solutions a funded company?
Work Truck Solutions is a funded company, having raised a total of $5M across 3 funding rounds to date.
What does Work Truck Solutions do?
Work Truck Solutions was founded in 2012 and is based in Chico, United States. Operations focus on the automotive sector, specifically truck dealerships, through a SaaS platform. Inventory management, online web stores, display tools, SEO, monthly Google Analytics reports, and access to an online dealer trade network are facilitated. Additional services include sales tools, marketing solutions, CRM integration, business intelligence, insights, and customer support.
Who are the top competitors of Work Truck Solutions?
Work Truck Solutions's top competitors include Upstart, Reynolds and Reynolds and Seez.
What products or services does Work Truck Solutions offer?
Work Truck Solutions offers Dealer Solutions and Upfitter Solutions.
Who are Work Truck Solutions's investors?
Work Truck Solutions has 7 investors. Key investors include Canadian Imperial Bank of Commerce, Autotech Ventures, Mich Belles, Wakestream Ventures, and Golden Seeds.
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