Fleeting

Hire Truckers On-Demand

Company Information

Website:

https://www.fleetingpro.com

Sector:

Trucking

Location:

Brooklyn, NY

Trucking is a $700 billion industry in the U.S.

But managing a fleet of truckers is a challenge. The turnover rate for drivers is high, and companies often pay up to $15,000 to recruit new employees.

Fleeting provides a solution to this problem. Its platform connects qualified truck drivers with trucking companies on-demand.

Fleeting conducts the vetting process for each driver, including a background check, drug test, and review of previous employment. Companies can use these metrics to evaluate potential drivers. Once a company identifies a qualified candidate, they can reach out to the candidate through Fleeting.

Fleeting launched in 2019. Since then, drivers using the platform have logged more than 15,000 hours and moved more than 1,500 truck loads.

The company has previously received funding from Quake Capital, Hustle Fund, and angel investors.

Team Background

Benny Hammond - Co-Founder & CMO
Paul Mungia - Co-Founder & COO
Anil Jagarlamudi - Co-Founder & CTO
Pierre Laguerre - Co-Founder & CEO

Co-Investors

Hustle Fund

A VC firm investing in early-stage companies.

Quake Capital Partners

A venture capital group and startup accelerator investing in seed-stage companies.

Raising
$1.07 million
Committed
$1.07 million (100%)
Current Valuation
$10 million Cap / 20% Discount
Min. Investment
$100
Deal Type
Title III
(For all investors)
Offering Type
SAFE
Notable Investors
  • Hustle Fund
  • Quake Capital Partners
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