FleetPulse Accelerates Trailer Telematics Efforts with New Funding from Industry Leaders NFI Ventures and Ironspring Ventures
2024年7月31日 - 11:00PM
ビジネスワイヤ(英語)
FleetPulse, the leading innovator in trailer telematics, today
announced additional funding from NFI Ventures, a venture capital
group run by NFI, a prominent 3PL, and Ironspring Ventures, a
venture capital firm with deep transportation and logistics
experience. This new backing aims to enhance FleetPulse's
development of customer-focused innovations and expedite product
commercialization.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20240731943313/en/
Source: FleetPulse
Following its recent Q2 separation from Great Dane and an $11M
seed funding round, FleetPulse continues to attract strategic and
financial investments, reflecting its pivotal role in delivering
end-to-end trailer safety and cargo security solutions.
“The trailer must be a strategic, digital asset in our rapidly
evolving industry,” said Carl-Christoph “CCR” Reckers, CEO of
FleetPulse. “This additional funding is a vote of confidence from
forward-looking and highly respected partners in the trucking and
venture capital industries, and these relationships will deepen our
understanding of customer needs as well as enable us to tap into
valuable networks to accelerate commercially.”
NFI, an early adopter of FleetPulse trailer telematics, has been
instrumental in pilot programs and technology design partnerships
aimed at improving safety, cargo security, and fleet performance.
Today, FleetPulse provides critical trailer and cargo data to NFI
customers across a growing fleet of thousands of assets
nationwide.
"Working together with Fleet Pulse will enable us to provide
richer data and insights to our customers," said Jim O’Leary, Vice
President of Fleet Services at NFI. “We go beyond providing
transportation services and enable our customers to make
data-driven decisions about their business."
Ironspring Ventures, an early stage, sector focused venture
capital firm with expertise across the industrial supply chain, was
excited to back FleetPulse given its rapid trailer deployment and
commercial progress since launching as an independent company
earlier this year.
“FleetPulse delivers crucial visibility and data-driven insights
into trailers, a key asset in the supply chain that has been
underserved,” said Ty Findley, General Partner at Ironspring
Ventures. “We were impressed by the team’s ability to rapidly
deploy the FleetPulse product commercially on to what is now tens
of thousands of trailers all across the US, Mexico and Canada. And
we’re thrilled to catalyze our network in support of the company’s
incredible early momentum.”
This announcement underscores FleetPulse’s commitment to forming
partnerships with strategic and financial industry leaders who
understand and can address the pressing needs of the sector.
Together, they are poised to expedite delivery of customer-inspired
solutions and foster a network of key industry specialists.
About FleetPulse
FleetPulse™ is the leading trailer telematics company that
enables end-to-end visibility into trailer safety and cargo
security, serving customers with OEM-agnostic wired and aftermarket
telematics offerings. Based in Chicago, Illinois, FleetPulse was
founded in 2017 as a business unit within Great Dane, a leading
manufacturer of high-performance commercial transportation
equipment including dry, refrigerated, and platform trailers. Now
an independent company, FleetPulse supports trailers of any OEM.
FleetPulse offers telematics solutions across a comprehensive
portfolio of devices, from hard-wired, OEM-installed sensors to
easy-to-install aftermarket sensors and cargo cameras. Data
collected directly from the trailer’s sensors and components
enables real-time, proprietary strategic insights via a digital
dashboard and API to increase utilization, enhance safety, and
reduce maintenance costs.
About NFI Ventures
NFI Ventures is a venture capital group founded by NFI's fourth
generation of ownership. Since 1932, the Brown family has grown NFI
into a fully integrated North American supply chain solutions
provider. NFI Ventures invests and strategically partners with
early-stage companies that seek to innovate and disrupt the supply
chain and logistics industry.
About Ironspring Ventures
Ironspring Ventures is an early stage, sector focused venture
capital firm specializing in digital industrial innovation. Based
in Austin, TX, the fund leads and co-leads early stage investments
across four core focus areas: construction, manufacturing,
transport & logistics, and alternative energy. Ironspring
Ventures is committed to partnering with world-class founders who
are changing the way we design, build, distribute, and operate
across the industrial supply chain and adds differentiated value
through its network of premier industrial operating companies and
subject matter experts. In June 2024, Ironspring Ventures announced
the close of its $100M Fund II.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240731943313/en/
media@fleetpulse.com