TrueNorth is on a mission to overhaul the trucking industry by focusing on the people who actually do the work — the drivers.
Our team is building software that will become the operating system of trucking. We’ll succeed by automating busywork, cutting out middlemen, and ensuring that the people who do the lion’s share of the work take home the lion’s share of the profits.
Interested in making a real impact on the trucking industry? Join us! https://www.truenorthfleet.com/careers
Our team is building software that will become the operating system of trucking. We’ll succeed by automating busywork, cutting out middlemen, and ensuring that the people who do the lion’s share of the work take home the lion’s share of the profits.
Interested in making a real impact on the trucking industry? Join us! https://www.truenorthfleet.com/careers
Location: United States, Texas, Fort Worth
Employees: 51-200
Total raised: $53.6M
Founded date: 2019
Founders name: Jin Stedge
Founders Related Locations: Liberia, Montserrado, Greater Monrovia; United States, California, San Francisco; United States, Massachusetts, Cambridge
Investors 10
Funding Rounds 3
| Date | Series | Amount | Investors |
| 09.12.2021 | Series B | $50M | - |
| 07.04.2020 | - | $3M | - |
| 20.02.2020 | Pre-Seed | $600K | - |
Persons 1
| Date | First Name | Last Name | Title | |||
| - | Jin | Stedge | Co-founder... | linkedin.c... | - | - |
Mentions in press and media 12
| Date | Title | Description |
| 19.02.2023 | ChatGPT creator Sam Altman has invested in dozens of companies over the years, from Elon Musk's Neuralink to Reddit | Sam Altman, CEO of OpenAI, has invested in scores of companies over the years. Kevin Dietsch/Getty Images OpenAI CEO Sam Altman has invested in lots of tech and energy companies. He was the lead investor in rounds for companies like Reddit,... |
| 31.12.2021 | Meet The 30 Under 30 MIT Aerospace Engineer Whose Trucking Company Raised $50 Million In Series B | Stedge and her cousin Tom on TrueNorth's first day of business TrueNorth |
| 08.12.2021 | There are more private equity exits than there have been in 2 decades. How long will it last? | This is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign up to get it delivered free to your inbox. It’s a great time to get out. Paid Content How to build a better future for diverse entrepreneurs... |
| 08.12.2021 | There are more private equity exits than there have been in 2 decades. How long will it last? | This is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign up to get it delivered free to your inbox. It’s a great time to get out. Paid Content Optimizing Kubernetes for business security, scalabili... |
| 08.12.2021 | TrueNorth Raises $50M in Series B Funding | Jin Stedge, CEO and Co-Founder of TrueNorth TrueNorth, a San Francisco, CA-based platform that offers independent truckers a platform to run their businesses, secured $50M in a Series B funding. Backers included Lachy Groom and Sam, Max, Ja... |
| 08.12.2021 | Logistics tech startup TrueNorth bags $50M in Series B Funding to reshape and disrupt the $514.7 billion trucking industry | The trucking industry is a big component of the global economy. It facilitates the movement of goods and materials from one place to another. The freight trucking market in the U.S. is estimated at $514.7 billion in the year 2021. On the ot... |
| 07.12.2021 | TrueNorth has raised $50 million from Sam Altman and others to empower independent truckers | Jin Stedge studied aerospace engineering at MIT, but after she found herself at Scotty Labs, an SRI International spin-out focused on autonomous driving, she says she came to appreciate how far away the tech is from large-scale adoption. In... |
| 21.01.2021 | Convoy: The Future of Truck Freight | Online marketplaces bring efficiency to traditional sectors. They offer a better user experience and increase margins for participants. They can accrue huge value by reducing friction and aggregating supply and demand — particularly because... |
| 07.04.2020 | TrueNorth raises $3M to make independent trucker operations more seamless | TrueNorth, which graduated from YCombinator just a few weeks ago, announced today it raised a $3M seed round at a $15M valuation from a crop of inv... |
| 07.04.2020 | TrueNorth raises $3M to make independent trucker operations more seamless | As the COVID-19 pandemic makes health officials urge us all to stay at home, truckers are doing the exact opposite of that to help us live our lives inside. Now, more than ever, package delivery and stocked grocery shelves are luxuries we r... |
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