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11/05/2017
Idinvest's portfolio company, OnTruck, raises $10m
OnTruck, a Madrid-based startup that has built an "on-demand logistics platform" to connect businesses directly with road freight carriers, has raised $10 million in Series A funding. The round was led by VCs Atomico and Idinvest, with participation from existing backers Point Nine Capital, La Famiglia, and Samaipata Ventures. Noteworthy, LocalGlobe also previously invested in the company but I understand hasn't joined this current (and oversubscribed) round. Founded in 2016, OnTruck is one of numerous startups attempting to 'digitise' the road freight market and bring with it a little more transparency to what is still a very arcane and opaque industry. 




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