Semi-Stow rebrands as Outpost, raises $12.5M

Commercial vehicle parking and storage provider Semi-Stow announced Tuesday it has rebranded itself to Outpost and has raised $12.5 million in Series A funding led by GreenPoint Partners with participation from Speedwagon Capital Partners.

The United States currently has approximately 313,000 truck parking spaces for a populace exceeding 3.5 million active drivers. This translates to about one spot for every 11 drivers. This shortfall creates a scenario in which over 70% of drivers break federal...

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