# Haul Hub

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/haul-hub

- Industry: Internet
- Headquarters: Haverhill, US
- Website: www.haulhub.com
- Total disclosed funding: $30M
- Latest round: Series B (Mar 5, 2020)
- Investors on record: 4

## About

Haul Hub, Inc. provides innovative roadway management solutions that enhance construction project safety, quality, and efficiency through advanced technology and artificial intelligence integration.Founded in 2015, Haul Hub, Inc. specializes in roadway management solutions. The company is headquartered in Haverhill, US. Its founder, Joseph Spinelli, has a history in technology-driven business ventures. In March 2020, Haul Hub raised USD 30 mn in Series B funding, co-led by Durable Capital Partners and T. Rowe Price, bringing the total amount raised to USD 30 mn through three deals.HaulHub Technologies specializes in advanced roadway management solutions that leverage artificial intelligence and connected machinery integrations. Its core offerings include the E-DOT Inspector, which streamlines inspections, material tracking, and contractor collaboration to enhance safety, quality, and efficiency on construction projects. The platform also utilizes spatial intelligence to effectively manage roadway assets, work zones, and activities across extensive networks. The company serves a diverse client base comprising transportation agencies and construction companies, facilitating seamless operations throughout the United States. Through its innovative solutions, HaulHub aims to address critical challenges in roadway management, including improving public safety and enhancing operational workflows in urban and rural settings.HaulHub Technologies generates revenue through a subscription-based model, primarily targeting transportation agencies and construction firms that utilize its suite of tools for roadway management. Transactions typically involve annual or multi-year contracts, where clients subscribe to access the E-DOT Inspector and other proprietary services designed to optimize roadway operations. The pricing structure is aligned with the scale of the client's operations, encompassing different tiers that cater to various levels of service and functionality. These contracts often include provisions for ongoing support and updates, ensuring that clients benefit from continual improvements and new features as they become available. The company's revenue model is structured to foster long-term partnerships, driving sustained growth through enhanced client engagement and satisfaction.Following its most recent funding in March 2020, Haul Hub plans to accelerate the development of new products that enhance its service offerings in roadway management. The company is also targeting expansion into additional geographic regions throughout the United States. The USD 30 mn raised in Series B funding will be utilized to support these initiatives, driving innovation and market reach.

## Funding rounds

- Series B, Mar 5, 2020, $30M — T Rowe Price, Durable Capital Partners
- Series A, Oct 1, 2018 — United Rentals, Lead Edge Capital

## Investors

- United Rentals — Series A
- Lead Edge Capital (https://capitalatlas.ai/funds/lead-edge-capital) — Series A
- T Rowe Price (https://capitalatlas.ai/funds/t-rowe-price) — Series B
- Durable Capital Partners — Series B