Ontruck AI Tech

Ontruck AI Tech

Overcome the main road freight challenges you face by adding an AI layer to your systems

Founded 2022 Spain

Spain 46 employees Grant Total: $54.00M Logistics, Transportation +1

Ontruck is a logistics and transportation startup, established in 2019, with its headquarters in Spain. The company has positioned itself as the leading digital transportation company, striving to provide an efficient and low-carbon solution for freight movement. Ontruck boasts of a connected network of over 4,000 carriers and cross-docks, enabling the shipment of thousands of pallets daily. By leveraging data, artificial intelligence, and technology, Ontruck aims to eliminate wastage within the logistics industry, ultimately transforming the €600 billion European trucking sector while simultaneously reducing transportation costs for shippers and increasing earnings for carriers. The startup has garnered significant attention and support from several renowned investors, including Atomico, Cathay Innovation, Idinvest Partners, Point 9 Capital, Samaipata Ventures, All Iron Ventures, Total Energy Ventures, and GP Bullhound. These investors have collectively led to three funding rounds, resulting in a substantial investment of 60.5 million euros. In addition to its innovative approach, Ontruck has also received recognition from over 1,000 companies across Europe, who have entrusted the startup with their freight transportation needs. Ontruck has been able to secure a grant investment from BloombergNEF as of 08 April 2021, further strengthening its position in the market. With its continued expansion, including offices in Paris, Amsterdam, and Barcelona, Ontruck is poised for a promising future in the sustainable transportation arena.

Funding Stage	Amount	Investors	Lead Investors	Date
Grant	Undisclosed	1	BloombergNEF	08 Apr 2021
Secondary Market	Undisclosed	1	Hambro Perks	31 Jul 2020
Series B	€17.00M	6	Cathay Innovation, Atomico +4	11 Jun 2020
Venture Round	Undisclosed	2	Euazeo, Bossanova Investimentos	01 Dec 2019
Series B	€25.00M	9	Cathay Innovation, Point Nine +7	30 May 2018
Series A	$10.00M	8	Point Nine, Samaipata +6	11 May 2017
Seed Round	€2.00M	6	Point Nine, Samaipata +4	26 Oct 2016

Funding Stage

Amount

Investors

Lead Investors

Date

Grant

Undisclosed

BloombergNEF

08 Apr 2021

Secondary Market

Undisclosed

Hambro Perks

31 Jul 2020

Series B

€17.00M

Cathay Innovation, Atomico +4

11 Jun 2020

Venture Round

Undisclosed

Euazeo, Bossanova Investimentos

01 Dec 2019

Series B

€25.00M

Cathay Innovation, Point Nine +7

30 May 2018

Series A

$10.00M

Point Nine, Samaipata +6

11 May 2017

Seed Round

€2.00M

Point Nine, Samaipata +4

26 Oct 2016

FAQ About Ontruck AI Tech

Overcome the main road freight challenges you face by adding an AI layer to your systems

Ontruck AI Tech was founded in 2022.

Ontruck AI Tech is headquartered in Spain.

Ontruck AI Tech operates in Logistics, Transportation and Logistics and Delivery. Its work centres on digital freight platform, road freight transportation, logistics technology and automated load matching.

Ontruck AI Tech has approximately 46 employees.

Ontruck AI Tech has completed 7 funding rounds, raising a total of $54.00M. The latest funding stage is Grant.

Top alternatives and competitors to Ontruck AI Tech include IMPARGO GmbH, MyDello, Cargoplot, Carggo, DeltaX. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

Ontruck AI Tech and IMPARGO GmbH 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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