Amitruck

Amitruck

Africa's Digital Logistics Marketplace Enabling Access to Markets

Founded 2019 Kenya

Nairobi, Kenya 61 employees Seed Total: $5.20M Logistics, Transportation

Amitruck is a promising logistics startup based in Kenya that has attracted significant attention in the industry. Founded in 2019, the company aims to revolutionize the African logistics sector with its digital marketplace. The slogan "Africa's Digital Logistics Marketplace Enabling Access to Markets" emphasizes its commitment to leveraging technology for market accessibility. Amitruck's innovative solution offers various benefits to logistics professionals, including massive cost savings, improved efficiency, and digitization to the last mile. The platform facilitates a digital competitive bidding process, connecting cargo owners with trucking logistics professionals and promoting trust and transparency in the industry. Notably, the company emphasizes the vetting of drivers and vehicles, as well as the insurance of goods in transit to enhance security. In January 2022, Amitruck secured a significant $4.00M Seed Round investment from notable investors such as Better Tomorrow Ventures, Uncovered Fund, Flexport, Knuru Capital, Launch Africa, Rackhouse Venture Capital, and Dynamo. This investment underscores the confidence of industry-leading investors in the potential of Amitruck's innovative solution for the African logistics sector. Overall, Amitruck's emergence as a "Top Startup to Watch in Africa" and its ability to attract significant investment highlight its potential to transform the logistics and transportation industries on the continent. With a clear focus on leveraging technology to drive efficiency and value addition in the supply chain, Amitruck is poised to make a significant impact in the African logistics landscape.

Funding Stage	Amount	Investors	Lead Investors	Date
Seed Round	$4.00M	7	Better Tomorrow Ventures, Uncovered Fund +5	21 Jan 2022
Non Equity Assistance	$100.00K	1	Google for Startups	06 Oct 2021
Non Equity Assistance	Undisclosed	1	Project Ninja	20 Apr 2021
Debt Financing	$200.00K	1	Solylend	01 Mar 2021
Pre Seed Round	$900.00K	2	Plug and Play, Dynamo	15 Feb 2021
Convertible Note	Undisclosed	1	Plug and Play	15 Jan 2021
Pre Seed Round	Undisclosed	1	GreenTec Capital Partners	07 Apr 2020

Funding Stage

Amount

Investors

Lead Investors

Date

Seed Round

$4.00M

Better Tomorrow Ventures, Uncovered Fund +5

21 Jan 2022

Non Equity Assistance

$100.00K

Google for Startups

06 Oct 2021

Non Equity Assistance

Undisclosed

Project Ninja

20 Apr 2021

Debt Financing

$200.00K

Solylend

01 Mar 2021

Pre Seed Round

$900.00K

Plug and Play, Dynamo

15 Feb 2021

Convertible Note

Undisclosed

Plug and Play

15 Jan 2021

Pre Seed Round

Undisclosed

GreenTec Capital Partners

07 Apr 2020

FAQ About Amitruck

Africa's Digital Logistics Marketplace Enabling Access to Markets

Amitruck was founded in 2019.

Amitruck is headquartered in Nairobi, Kenya.

Amitruck operates in Logistics and Transportation. Its work centres on Digital Logistics, Supply Chain Optimization, Last Mile Delivery and Trucking Logistics.

Amitruck has approximately 61 employees.

Amitruck has completed 7 funding rounds, raising a total of $5.20M. The latest funding stage is Seed.

Top alternatives and competitors to Amitruck include TruckEasy, Cargotraffic, Logística del Mayab, RouteKick, Elite EXTRA an Epicor solution. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

Amitruck and TruckEasy are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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Funding Rounds & Investors (7)

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FAQ About Amitruck