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Ontruck AI Tech logo — Overcome the main road freight challenges you face by adding...

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

General Information

Company Name Ontruck AI Tech
Founded Year 2022
Location Spain Spain +1
Founders / Decision Makers
Team member Team member
Employees 46
Industries Logistics, Transportation, Logistics and Delivery
Funding Stage Grant
Social

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About Ontruck AI Tech

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.

Taxonomy: digital freight platform, road freight transportation, logistics technology, automated load matching, efficiency optimization, sustainability in transportation, regional merchandise transport, transparent pricing system, startup funding, regional operation, route optimization, competitive pricing, transportation efficiency, cargo logistics, industrial vehicle optimization

Funding Rounds & Investors (7)

View All
Funding Stage Amount Investors Lead Investors Date
Grant •••••• 1 •••• •••• 08 Apr 2021
Secondary Market •••••• 1
Investor
31 Jul 2020
Series B •••••• 6
Investor Investor Investor Investor Investor Investor
11 Jun 2020
Venture Round •••••• 2
Investor
•••• •••• 		01 Dec 2019
Series B •••••• 9
Investor Investor Investor Investor Investor Investor Investor Investor
•••• •••• 		30 May 2018

View All 7 Funding Rounds

Ontruck AI Tech Alternatives & Competitors

Ontruck AI Tech vs
Safetrucks
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Ontruck AI Tech vs
rouvia
rouvia Germany

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Ontruck AI Tech vs
Cario (Freight Management System)
Cario (Freight Management System) Australia

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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 the following industries: Logistics, Transportation, Logistics and Delivery.
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 Safetrucks, rouvia, Cario (Freight Management System), POWERLOAD SL, Alpega Group. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Ontruck AI Tech and Safetrucks 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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