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30/05/2018
OnTruck raises €25 million to scale across Europe
OnTruck, the haulage tech platform, has raised 25M€ from a group of investors to fund its expansion across Europe and consolidation of its position in the U.K. and Spain. The series B funding round was led by global venture capital fund Cathay Innovation, with participation from existing and new investors Atomico, Idinvest Partners, All Iron Ventures, Total Energy Ventures, GP Bullhound, Point 9 Capital, and Samaipata Ventures.

OnTruck's network of vetted truck drivers offers shippers guaranteed capacity and industry-leading service to ensure shipments are delivered reliably and on time. With their proprietary technology, OnTruck automates the matching of loads to trucks and provides real-time GPS tracking of all shipments.

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