Company Overview
TrueNorth develops software that empowers independent truck drivers by providing an all-in-one platform to manage their trucking business, including load booking, route optimization, invoicing, fleet cards, and regulatory compliance. The company raised $50M Series B in December 2021 led by Lachy Groom and the Altman brothers (Sam, Max, and Jack), bringing total funding to $72.2M. TrueNorth experienced 3.4x revenue growth in the six months prior to the Series B, with drivers delivering $30,000-$50,000 per year per trucker, putting net revenue at $6-10M as of late 2021, operating primarily in Dallas and Atlanta markets.
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Key Differentiators
Strong Challenger
TrueNorth is an established challenger with significant market presence and competitive offerings in Logistics & Supply Chain.
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