# TruckSmarter

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

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.trucksmarter.com
- Total disclosed funding: $41M
- Latest round: Series B (Sep 8, 2025)
- Investors on record: 7

## About

Based in the US, TruckSmarter, Inc. connects truck drivers with efficient load matching solutions, enhancing operational productivity through innovative technology and user-friendly platforms.TruckSmarter, Inc. operates as a technology company in the trucking logistics sector, providing solutions for truck drivers to optimize their load matching processes. Founded in 2021, the company is headquartered in San Francisco, US. The founders, Daniel Kao and Paolo Bernasconi, have a background in technology and entrepreneurship. TruckSmarter has successfully completed 4 deals, with the most recent funding round being Series B, where they raised USD 16.00 mn led by Socium Ventures, alongside participation from notable investors including Andreessen Horowitz, Bain Capital, and Thrive Capital. The total amount raised by the company stands at USD 16.00 mn, with a current valuation of USD 60.815 mn.TruckSmarter offers an innovative suite of products designed to enhance the efficiency and profitability of truck drivers. Central to their offerings is a free load board that consolidates multiple load boards into a single platform, allowing users to access a wider market, find optimal loads quickly, and book them efficiently. Their AI Dispatch service combines artificial intelligence with human oversight to accurately match loads with drivers based on individual preferences, thereby simplifying the dispatch process. This technology aims to empower truck drivers by providing them real-time access to credible brokers and reliable load information, ultimately improving their operational outcomes. The company primarily serves owner-operators and small to mid-sized fleet owners in the North American trucking industry, with its services being utilized across various regions including the United States and Canada.TruckSmarter's revenue model is primarily structured around subscription services and partnerships with brokers and carriers. Users can create free accounts to access the load board, which facilitates a transactional flow between drivers and brokers. This service generates revenue through premium features or subscription plans that enhance user experience or provide additional functionalities. Partnerships with brokers enable TruckSmarter to offer comprehensive dispatch and load-matching services, fostering a B2B relationship where brokers pay a fee to access the platform's extensive driver network. Specific pricing plans for premium services are not disclosed, but the platform's flagship offerings—such as the AI Dispatch feature and the consolidated load board—underscore its commitment to creating value within the trucking logistics space.In September 2025, TruckSmarter, Inc. raised USD 16.00 mn in Series B funding led by new investor Socium Ventures, with participation from returning investors Thrive Capital, Founders Fund, Andreessen Horowitz, Bain Capital, and Fin Venture Capital. The company will use the funding to accelerate research and development and hire talents to advance further into artificial intelligence. Future growth plans include launching new products aimed at enhancing the dispatch process and expanding the service offerings in new geographic regions across North America.

## Funding rounds

- Series B, Sep 8, 2025, $16M — Bain Capital, Founders Fund, Andreessen Horowitz, Thrive Capital, Fin Capital, Socium Ventures
- Series B, Jun 13, 2022, $25M — Bain Capital, Founders Fund, Andreessen Horowitz, Thrive Capital, FJ Labs, Fin Capital

## Investors

- Bain Capital (https://capitalatlas.ai/funds/bain-capital) — Series B
- Founders Fund (https://capitalatlas.ai/funds/founders-fund) — Series B
- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Series B
- Thrive Capital (https://capitalatlas.ai/funds/thrive-capital) — Series B
- FJ Labs (https://capitalatlas.ai/funds/fj-labs) — Series B
- Fin Capital (https://capitalatlas.ai/funds/fin-capital) — Series B
- Socium Ventures (https://capitalatlas.ai/funds/socium-ventures) — Series B
