Investments in advanced AI-powered products and world-class talent fuel the company's 70% annualized growth
San Francisco, CA June 17, 2020 KeepTruckin, the leader in fleet management technology, today announced that it has raised $190 million in new funding from G2 Venture Partners, Index Ventures, Greenoaks, IVP, Scale Venture Partners, funds managed by BlackRock, and several other leading investors. The round values KeepTruckin at over $2 billion. The new capital will support KeepTruckin's strategic priorities by allowing it to continue building innovative AI-powered products, recruiting top-tier talent, and scaling rapidly to meet the needs of businesses that power the physical economy.
KeepTruckin's 400,000-strong network of connected vehicles is one of the largest in North America. The company equips customers with cutting-edge hardware and software that leverages the latest advancements in AI and computer vision to solve a broad range of problems for businesses, including video-based driver safety, GPS tracking, ELD compliance, vehicle maintenance and fuel spend management. Key factors contributing to KeepTruckin's 70% annualized growth since the onset of the pandemic are its rapid expansion into new market segments, such as construction, oil and gas, food and beverage, field services, moving and storage, and agriculture, and the pandemic-accelerated digital transformation within these industries.
Today, more than 90,000 companies and one million drivers depend on our technology to improve the safety and efficiency of their operations, said Shoaib Makani, CEO of KeepTruckin. Over the past year, our customers have grown their fleets by 21%, and with our Series E funding, we are now well-positioned to grow alongside them by investing in talent and technology to better serve all businesses that power the physical economy.
One of the many reasons we're excited to partner with KeepTruckin includes the people behind the technology, especially the management team that runs the business with a clear vision to fundamentally improve the safety and sustainability of commercial vehicles through novel hardware and software. We know that an inflection point is coming in this industry: the proliferation of AI-powered cameras into all commercial vehicles, and KeepTruckin has the team and the highest quality products to lead the field. The opportunities for KeepTruckin are endless, and we can't wait to see what the company cracks the code for next, said Zach Barasz, Partner at G2 Venture Partners.
The U.S. has seen an impressive 50% year-over-year increase in the number of trucking registrations since March 2020, due in large part to the unprecedented growth in e-commerce and shift in consumer spending. Heavy duty truck orders surged in the same time period to a record-setting 50,000 in March of 2021. These fleet operators are frequently turning to intelligent safety platforms to take an even more proactive approach to implementing safety measures and reducing operating costs. Usher Transport, a long-standing leader in the transportation industry, credits this proactive approach to seeing a 32% annual reduction in accidents, thanks to KeepTruckin's Smart Dashcam, DRIVE risk score, and Safety Hub. With demand for freight at an all-time high, KeepTruckin will continue to support the industry's growth as companies are increasingly choosing to invest in high-quality technology that assists them in protecting their drivers, better serving their customers, and increasing their profits.
To learn more about KeepTruckin and this round of funding, please visit: KeepTruckin.com and the KeepTruckin Blog.
Recent Company highlights:
KeepTruckin Launches New AI-Powered Fuel Hub to Help Fleets Save Up to 10% on Fuel Costs
J.B. Hunt, KeepTruckin Announce Technology Integration For J.B. Hunt 360 And the Smart Load Board
KeepTruckin's Commitment to Diversity: Base10 Partners' Advancement Initiative
About KeepTruckin:
KeepTruckin is the leader in fleet management technology. KeepTruckin's cutting-edge hardware and cloud-based software help companies improve the safety and efficiency of their operations. With one platform spanning video-based driver safety, Electronic Logging Device (ELD) compliance, GPS tracking, dispatch, and fuel and maintenance, KeepTruckin provides an integrated fleet management system that scales to meet the needs of over one million drivers and 90,000 customers, from small trucking companies to Fortune 500 enterprises.
Founded in 2013, KeepTruckin has over 2,000 employees and has raised $417 million from GV (formerly Google Ventures), Index Ventures, IVP, Scale Venture Partners, Greenoaks, G2 Venture Partners, and other leading investors. To learn more about KeepTruckin, visit: KeepTruckin.com.
North America Stories
05/06/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
05/06/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
05/06/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
05/06/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
05/06/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
05/06/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
05/06/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
05/06/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
05/06/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
05/06/2026
Frequency, the engine powering many of the world's leading streaming television channels, today announced the launch of In-Scene Advertising, a new monetiza...
05/06/2026
Berklee Study Reveals Video Has Become Essential to Music Careers Survey findings show social platforms have become the primary source of music for video cont...
04/06/2026
Sony Electronics is introducing the SRG-AS10, a 4K 60p-compatible PTZ auto-frami...
04/06/2026
This recent grad from Spring, TX, led creative-video output for the Aggies' men's basketball team last season and has been producing video and creating ...
04/06/2026
For the first time at a women's golf major, every player in the field will r...
04/06/2026
Three Panasonic PT-RQ45 40,000-lumen 3-Chip DLP projectors made their first live...
04/06/2026
Bitmovin and Akamai have announced a collaboration with NRJ Group, a French mult...
04/06/2026
Telestream will exhibit at InfoComm 2026 (Booth N7952), demonstrating media work...
04/06/2026
Sony has announced the development of RIALTO 65, a 65mm format image sensor block for the VENICE 2 digital cinema camera, targeting release in the first half of...
04/06/2026
KOKUSAI DENKI Electric America will exhibit at InfoComm 2026 (Booth N8025, June ...
04/06/2026
Bell Media's TSN and RDS are the exclusive Canadian broadcasters of FIFA Wor...
04/06/2026
The Challenge: Receiving Heavy Media Files From Road Games Quickly and ReliablyT...
04/06/2026
MASV, a managed file transfer platform used in broadcast and live sports product...
04/06/2026
NESN has announced the appointment of Fahad Haider as Vice President of Operations and Engineering. Haider returns to NESN, where he previously served as Vice P...
04/06/2026
David J. Halberstam, who spent almost 50 years in sports as a broadcaster and an executive, died June 2 after a years-long battle with brain cancer.
Over his l...
04/06/2026
Although collegiate production programs are tasked with delivering high-quality ...
04/06/2026
California studio, two production trucks, global distribution system are combine...
04/06/2026
New global program empowers and supports storytellers through scriptwriting course and access to industry experts
TikTok and Sundance Institute today announce...
04/06/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
04/06/2026
Bitmovin, a leading provider of video streaming infrastructure, and Akamai, the cybersecurity and cloud computing company that powers and protects business onli...
04/06/2026
American Underground (AU), the Startup Hub of the South and a community of mor...
04/06/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
04/06/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
04/06/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
04/06/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
04/06/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
04/06/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
04/06/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
04/06/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
04/06/2026
NVIDIA and Microsoft Reinvent Windows PCs for the Age of Personal AI
Brie Clayton June 3, 2026
0 Comments
RTX Spark - a 1-Petaflop Superchip, the Full...
04/06/2026
Inside the Peaky Blinders: The Immortal Man Grade
Brie Clayton June 3, 2026
0 Comments
Simone Grattarola discusses shaping the look in DaVinci Resolve...
04/06/2026
Cine Gear Expo Announces 2026 Awards of Excellence Recipients
Brie Clayton June 3, 2026
0 Comments
Ed Lachman ASC, Caleb Deschanel ASC, and M. David M...
04/06/2026
St. Vincents Live with Orchestra Tour to Feature Berklee Alum Ruby Plume Berklee alumni St. Vincent and Ruby Plume will appear on the same bill across seven d...
04/06/2026
Home to cutting-edge sovereign AI infrastructure and robotics innovators, as well as one of the world's most passionate gaming communities, South Korea is o...
04/06/2026
Back to All News
All the Truth in My Lies Coming to Netflix on August 28
Entertainment
04 June 2026
GlobalSpain
Link copied to clipboard
Download the imag...
04/06/2026
Back to All News
Larry Tanz, VP of Content, EMEA, Delivers a Keynote Speech at ...
04/06/2026
Back to All News
Turn Your Living Room into a Stadium With the New FIFA World ...
04/06/2026
Keeping conversations real on LinkedIn Published on Jun 4, 2026 Categories: Product News
LinkedIn Corporate Communications
Share
LinkedIn
Facebook ...
04/06/2026
June's forecast with GeForce NOW: 100% chance of gaming.
GeForce NOW is lining up new adventures for the month, from big-name blockbusters to quirky indies...
03/06/2026
SES and Viva, Mexico's ultra low-cost airline, have launched multi-orbit satellite inflight connectivity on Viva's Airbus aircraft. A total of 60 A320s ...
Investments in advanced AI-powered products and world-class talent fuel the company's 70% annualized growth
