# Amitruck

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/amitruck

- Industry: Software
- Headquarters: Nairobi, Kenya
- Website: www.amitruck.com
- Total disclosed funding: $4M
- Latest round: Seed (Feb 1, 2022)
- Investors on record: 9

## About

Amitruck Limited, based in Nairobi, Kenya, specializes in innovative technological solutions that enhance operational efficiencies across various sectors, particularly in logistics and transportation management.Founded in 2018 in Nairobi, Kenya, Amitruck Limited is focused on providing digital logistics solutions. The company has successfully closed a total of 4 deals, with the most recent funding round taking place on February 1, 2022. Mark Mwangi serves as both the CEO and the founder of the company. In this latest round, Amitruck raised USD 4.000 mn in Seed funding, led by Better Tomorrow Ventures, with participation from multiple investors including Rackhouse Ventures and Flexport, Inc.Amitruck Limited offers a suite of innovative technological solutions designed to improve operational efficiency. Their core products include software applications for real-time data analytics, cloud-based storage, and customer relationship management tools. These solutions effectively address challenges such as data accessibility and operational transparency, serving a diverse clientele across finance, healthcare, and retail sectors. The company markets its offerings primarily in North America, Europe, and select regions in Asia.The revenue of Amitruck Limited is generated through subscription-based models and direct sales of its software products. Clients engage with the company through structured agreements that include annual subscriptions for ongoing software support and updates, as well as options for one-time purchases. Their pricing plans accommodate different user tiers and incorporate volume discounts. Partnerships with key industry players further enhance their distribution channels, contributing to a consistent revenue stream.Following the Seed funding round in February 2022, Amitruck Limited plans to accelerate the expansion of its digital logistics solutions across Africa. The recent funding will be utilized to hire new talent in technical, operations, and sales roles, including senior leadership positions. The company is strategically targeting new markets to expand its reach and enhance its product offerings, thereby positioning itself for significant growth in the logistics sector.

## Funding rounds

- Seed, Feb 1, 2022, $4M — Dynamo, Knuru Capital, Better Tomorrow Ventures, Uncovered Fund, Launch Africa Ventures, Rackhouse Venture Capital, Flexport, Inc
- Seed, Feb 12, 2021 — Plug and Play, Dynamo
- Seed, Apr 7, 2020 — GreenTec Capital Partners

## Investors

- GreenTec Capital Partners (https://capitalatlas.ai/funds/greentec-capital-partners) — Seed
- Plug and Play (https://capitalatlas.ai/funds/plug-and-play) — Seed
- Dynamo — Seed
- Knuru Capital (https://capitalatlas.ai/funds/knuru-capital) — Seed
- Better Tomorrow Ventures (https://capitalatlas.ai/funds/better-tomorrow-ventures) — Seed
- Uncovered Fund (https://capitalatlas.ai/funds/uncovered-fund) — Seed
- Launch Africa Ventures (https://capitalatlas.ai/funds/launch-africa-ventures) — Seed
- Rackhouse Venture Capital (https://capitalatlas.ai/funds/rackhouse-venture-capital) — Seed
- Flexport, Inc — Seed