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TrueNorth Funding & Investors

San Francisco, CA

TrueNorth aims to fix inefficiencies in the independent, yet fragmented, trucking industry. TrueNorth, established by Stedge and Sanjaya Wijeratne, develops software that puts “independent truckers under one roof.” While TrueNorth doesn’t lease trucks, it helps truckers have a platform to manage insurance, fuel, and maintenance. TrueNorth also helps truckers with route optimization, dispatch and load coordination, and automated tracking.

truenorthfleet.com

Total Amount Raised: $66,100,000

TrueNorth Funding Rounds

  • Series B

    $50,000,000

    Series B Investors

    Jack Altman
    Lachy Groom
    Max Altman
    Sam Altman
    Flexport
    Original Capital
    Tribe Capital
    Fifth Down Capital
    137 Ventures
    Elad Gil
    Eoghan McCabe
    Mathilde Collin
    Dylan Field
    Claire Hughes Johnson
    Des Traynor
    Karman Ventures (fka Moving Capital)
    K5 Global
  • Series A

    $8,500,000

    Series A Investors

    Lachy Groom
    Dylan Field
    Mathilde Collin
    Elad Gil
    Eoghan McCabe
    Des Traynor
    Claire Hughes Johnson
  • Seed

    $3,000,000

    Seed Investors

    Sam Altman
    Kevin Lin
  • Seed

    $600,000

    Seed Investors

    Y Combinator
    Jack Altman
    Liquid 2 Ventures
    Parker Conrad
    Peter Fishman
    Scribble Ventures
  • Seed

    $2,500,000

  • Pre Seed

    $1,500,000

Funding info provided by Diffbot.