# Truckistan Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/truckistan-technologies

- Industry: Logistics & Distribution
- Headquarters: Pakistan
- Website: www.truckistan.pk
- Total disclosed funding: $1M
- Latest round: Seed (Sep 19, 2023)
- Investors on record: 7

## About

Based in Lahore, Pakistan, and founded in 2022, Truckistan Technologies operates as a logistics and transportation company that offers a technology-based platform that helps customers ship goods by trucks. The company was Co-founded by Abid Butt (CEO), and Zafar Khan (CTO). In September 2023, Truckistan Technologies raised USD 1 million in seed funding led by Loyal Venture Fund Group, Mentor's Fund, and Orbit Startups.

The company offers a decentralized platform for the trucking industry that connects shippers and carriers directly, eliminating the need for intermediaries. The company lets users not having enough load to fill a full truckload, to ship goods by truck. The software-based platform offers a customer dashboard and offers real-time tracking. The services offered by the firm include urgent ECO and urgent Express.

The firm plans to use the September 2023 funding for growth and to refine its services.

## Funding rounds

- Seed, Sep 19, 2023, $1M — Sarmayacar, Mentor’s Fund, Loyal Venture Fund Group, Reflect Ventures, Orbit Ventures, sAi Venture Capital, Five Rivers Ventures

## Investors

- Sarmayacar (https://capitalatlas.ai/funds/sarmayacar) — Seed
- Mentor’s Fund (https://capitalatlas.ai/funds/mentor-s-fund) — Seed
- Loyal Venture Fund Group (https://capitalatlas.ai/funds/loyal-venture-fund-group) — Seed
- Reflect Ventures (https://capitalatlas.ai/funds/reflect-ventures) — Seed
- Orbit Ventures (https://capitalatlas.ai/funds/orbit-ventures) — Seed
- sAi Venture Capital (https://capitalatlas.ai/funds/sai-venture-capital) — Seed
- Five Rivers Ventures — Seed
