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11/05/2017
OnTruck raises $10m in a Series A round led by Idinvest Partners
Spanish startup OnTruck has raised $10 million (£7.7 million) in a Series A round led by Atomico and Idinvest for a freight delivery platform. OnTruck is an on-demand platform that pairs businesses with freight carriers to ship their goods. The idea is to undercut intermediaries which, according to Atomico partner Carolina Brochado, charge a hefty commission fee. She said: "Road freight remains a massive market that is still largely undisrupted by technology, representing around 10% of European GDP."




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