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TruckLabs logo — We are on a mission to save 100 million metric tons of CO2 e...

TruckLabs

We are on a mission to save 100 million metric tons of CO2 emissions every single year, so we can all breathe easier.

Founded 2014 United States Redwood City, United States 15 employees Series B Total: $29.00M Industrial, Logistics +1

General Information

Company Name TruckLabs
Founded Year 2014
Location United States Redwood City, United States
Employees 15
Industries Industrial, Logistics, Transportation
Funding Stage Series B
Social

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About TruckLabs

TruckLabs is a pioneering trucking technology company founded in 2014 and headquartered in the United States. The company's slogan, "We are on a mission to save 100 million metric tons of CO2 emissions every single year, so we can all breathe easier," underpins its commitment to sustainability and efficiency in the transportation industry. TruckLabs focuses on developing innovative hardware and software products to enhance the efficiency and sustainability of both current and future trucking fleets within the industrial and transportation sectors. One of TruckLabs' flagship technologies is TruckWings™, a tractor-mounted aerodynamic device designed to automatically reduce drag, enhance stability, and improve fuel efficiency by closing the gap between the cab and trailer. The company boasts a substantial track record, with over half-billion miles of real-world, over-the-road results as evidence of the practical applications of their technology. In August 2023, TruckLabs successfully secured a Series B investment from prominent backers such as Blue Bear Capital, Calibrate Ventures, and Team Builder Ventures, signaling confidence in the company's vision and innovative approach. TruckLabs' mission to annually save 100 million metric tons of CO2 emissions aligns with the growing demand for sustainable solutions in the transportation industry, making it an enticing prospect for investors seeking both environmental and financial returns.

Business keywords: trucking technology, carbon reduction, fuel efficiency, aerodynamics, innovation, hardware products, software products, real-world results, CO2 emissions reduction, sustainable transportation, efficiency improvement, trucking fleets, technology for emissions reduction

Funding Rounds & Investors (7)

View All
Funding Stage Amount Investors Lead Investors Date
Series B Undisclosed 3
Blue Bear Capital, Calibrate Ventures +1
01 Aug 2023
Series A $15.00M 3
Uncork Capital, AutoTech Ventures +1
06 Oct 2021
Venture Round Undisclosed 1
Kli Capital
29 May 2019
Series A $10.50M 6
Uncork Capital, AutoTech Ventures +4
01 May 2019
Seed Round $2.50M 4
Uncork Capital, Tandem Capital +2
01 May 2017
Convertible Note $1.00M 3
Dorm Room Fund, Matthew Lent +1
01 Feb 2016
Non Equity Assistance Undisclosed 1
Cleantech Open
01 Jan 2016

TruckLabs Alternatives & Competitors

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TruckLabs vs
Airseas
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IM Efficiency
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TruckLabs vs
GreenRoad
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FAQ About TruckLabs

We are on a mission to save 100 million metric tons of CO2 emissions every single year, so we can all breathe easier.
TruckLabs was founded in 2014.
TruckLabs is headquartered in Redwood City, United States.
TruckLabs operates in Industrial, Logistics and Transportation. Its work centres on trucking technology, carbon reduction, fuel efficiency and aerodynamics.
TruckLabs has approximately 15 employees.
TruckLabs has completed 7 funding rounds, raising a total of $29.00M. The latest funding stage is Series B.
Top alternatives and competitors to TruckLabs include Airseas, IM Efficiency, GreenRoad, Flock Freight, Convoy Inc. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
TruckLabs and Airseas 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.

Source: BounceWatch company record for TruckLabs, https://bouncewatch.com/company/trucklabs, updated 27 October 2024. When citing, please name BounceWatch and link this page.

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