Trucks Venture

Trucks Venture Capital is an early-stage venture capital firm based in California, established in 2016. The firm specializes in funding entrepreneurs who are innovating within the transportation sector and related industries. With a focus on the future of transportation, Trucks Venture Capital manages a fund that invests in the United States and Canada, particularly targeting advancements in autonomous, connected, and shared vehicles. Through its initiatives, the firm aims to support the development of transformative technologies and solutions that will shape the landscape of mobility.

Reilly Brennan

Founding Partner & General Partner

Puneeth Meruva

Senior Associate

Kate Schox

General Partner

Jason Townsend

CFO

Past deals in Transport and logistics

Teleo

Series A in 2022
Teleo specializes in converting existing fleet into remote-controlled robots. It enables operators to control machines from miles away, instantly switching between machines and across job sites. Teleo increases the operator's productivity, enhances crew safety, and features advanced Jobsite insights.

Solo AVT

Seed Round in 2022
Solo AVT engages in revolutionizing the heavy truck industry.

Universal Hydrogen

Series B in 2021
Universal Hydrogen is a fuel logistics company making hydrogen-powered commercial flight a near-term reality.

Gatik

Series B in 2021
Gatik is a startup developing technology for deploying autonomous vehicles for short-haul logistics. It specializes in the fields of artificial intelligence, automotive, and logistics. It was founded in 2017 and headquartered in Palo Alto, California.

Swyft

Series A in 2021
ShipSwyft Inc. develops same day delivery application that connects merchants to existing courier networks. It serves ecommerce brands with postal zone calculation, multiple fulfillment options, and real-time address verification. The company offers rapid deployment, improve customer experience, and dynamic supply to meet demand serves to retailers and it offers integration with shipping API, quality of service, and ease of execution service to 3PL and distributors. ShipSwyft Inc. was founded in 2020 and is based in Toronto, Canada.

Swyft

Seed Round in 2020
ShipSwyft Inc. develops same day delivery application that connects merchants to existing courier networks. It serves ecommerce brands with postal zone calculation, multiple fulfillment options, and real-time address verification. The company offers rapid deployment, improve customer experience, and dynamic supply to meet demand serves to retailers and it offers integration with shipping API, quality of service, and ease of execution service to 3PL and distributors. ShipSwyft Inc. was founded in 2020 and is based in Toronto, Canada.

Teleo

Seed Round in 2020
Teleo specializes in converting existing fleet into remote-controlled robots. It enables operators to control machines from miles away, instantly switching between machines and across job sites. Teleo increases the operator's productivity, enhances crew safety, and features advanced Jobsite insights.

Denim

Pre Seed Round in 2020
Axle Payments specializes in providing financial solutions to the freight industry, focusing on small freight brokers and their carriers. Founded in 2016 by Shawn Vo and Bharath Krishnamoorthy, the company is headquartered in New York. Axle Payments offers non-recourse factoring and payment processing services, which help brokers and carriers access the working capital they need to operate effectively. In addition to factoring, the company provides integrated payment solutions, collections, and financing options that enhance the efficiency and transparency of financial transactions within the logistics sector. Axle Payments aims to support the sustainability of the global logistics industry through its innovative financial services.

Token Transit

Seed Round in 2019
Token Transit, Inc. offers mobile ticketing and payment solutions designed for public transportation agencies. The company's primary product is a mobile application that enables users to purchase transit tickets and passes using credit, debit, and commuter benefits cards directly from their smartphones. This application is compatible with both iOS and Android devices and is utilized across various public transit systems in the United States and Canada. Founded in 2015 and headquartered in San Francisco, California, Token Transit aims to simplify the payment process for riders, allowing them to efficiently access public transportation and reach their destinations with ease.

Gatik

Seed Round in 2019
Gatik is a startup developing technology for deploying autonomous vehicles for short-haul logistics. It specializes in the fields of artificial intelligence, automotive, and logistics. It was founded in 2017 and headquartered in Palo Alto, California.

Wise Systems

Series A in 2018
Wise Systems Inc. develops autonomous dispatch and routing software designed to enhance the efficiency of last-mile delivery operations across various industries, including food and beverage, courier, and field service. Founded in 2014 and based in Boston, Massachusetts, the company leverages machine learning to optimize fleet performance and improve customer service. Its platform includes tools such as Scheduler for creating dynamic route plans, Dispatcher for real-time monitoring of delivery progress and performance metrics, and a Customer Portal for tracking orders with accurate ETAs. The software processes millions of data points to make intelligent, real-time decisions, resulting in significant mileage reductions, increased fleet utilization, and a substantial decrease in late deliveries. Wise Systems aims to help customers better manage their delivery logistics by providing flexibility and optimizing routes, thereby enhancing overall operational efficiency.

Coord

Series A in 2018
Coord is a mobility company that creates seamless mobility and self-driving experiences today through deep integrations. The company offers bike-share API, Curbs API, Tolls API, Routing API and etc.

Camp Six Labs

Seed Round in 2018
Camp Six Labs, Inc. is a San Francisco-based company founded in 2016 that specializes in the development of flying robots for the cleaning and maintenance of wind turbine blades. In addition to this focus, the company is also working on an aerial freight transportation network, utilizing unmanned aircraft capable of delivering payloads of up to 1,000 pounds over distances of 1,000 miles. Through its innovative technologies, Camp Six Labs aims to enhance transportation solutions, particularly for remote areas, thereby improving access and quality of life in diverse communities.

Dropbike

Seed Round in 2018
Dropbike is a company that collaborates with municipalities and operators to implement and manage bike-sharing fleets. The organization focuses on enhancing last-mile mobility solutions for riders while providing streamlined operations for city officials. By working closely with urban areas, Dropbike aims to promote sustainable transportation options, making it easier for communities to access reliable and efficient bike-sharing services.

May Mobility

Seed Round in 2018
May Mobility, Inc. is an autonomous vehicle company based in Ann Arbor, Michigan, founded in 2017. The company focuses on creating a safer and more accessible urban transportation system by operating a fleet of driverless, six-passenger electric vehicles that provide shuttle services to both enterprise and municipal clients. May Mobility's micro-transit offerings utilize vehicles that autonomously navigate mapped routes and closed loops, addressing the challenges of congestion and mobility access in increasingly urbanized environments. By leveraging advanced technology and a system-level safety design approach, May Mobility aims to transform urban transportation, reduce pollution, and improve commuting experiences for residents in congested cities.

Denim

Venture Round in 2018
Axle Payments specializes in providing financial solutions to the freight industry, focusing on small freight brokers and their carriers. Founded in 2016 by Shawn Vo and Bharath Krishnamoorthy, the company is headquartered in New York. Axle Payments offers non-recourse factoring and payment processing services, which help brokers and carriers access the working capital they need to operate effectively. In addition to factoring, the company provides integrated payment solutions, collections, and financing options that enhance the efficiency and transparency of financial transactions within the logistics sector. Axle Payments aims to support the sustainability of the global logistics industry through its innovative financial services.

Starsky Robotics

Seed Round in 2017
Trucking is the backbone of the American economy, moving 70% of all freight. Truck drivers risk their lives spending months away from their family to keep the American economy moving. They working to make trucks autonomous on the highway and remote controlled by drivers for the first and last mile. Their trucks will make roads safer while giving drivers meaningful work close to their homes and families.