Digital trucking platform TruckSmarter announced Monday that it has closed a $50 million debt facility with CoVenture to grow the company’s services, including an option to extend the facility to $100 million. The San Francisco-based company last raised $25 million in 2022.
“Amid challenges for the trucking industry over the past several years, TruckSmarter has demonstrated how technological innovation and its commitment to drivers is pivotal when developing a disruptive solution that addresses...
https://www.freightwaves.com/news/trucksmarters-financial-services-secure-50m-debt-facility