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An investment consortium led a $190m funding round in KeepTruckin.

Synopsis

An investment consortium led a $190m funding round in KeepTruckin, a fleet management technology company. The consortium includes G2 Venture Partners, Index Ventures, Greenoaks, IVP, Scale Venture Partners and BlackRock. “One of the many reasons we’re excited to partner with KeepTruckin includes the people behind the technology, especially the management team that runs the business with a clear vision to fundamentally improve the safety and sustainability of commercial vehicles through novel hardware and software. We know that an inflection point is coming in this industry: the proliferation of AI-powered cameras into all commercial vehicles, and KeepTruckin has the team and the highest quality products to lead the field,” Zach Barasz, G2 Venture Partner.

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