TruKKEr
Financials
Estimates*
USD | 2018 | 2019 | 2020 |
---|---|---|---|
Revenues | 4.2m | 8.6m | 38.2m |
% growth | - | 105 % | 343 % |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Secondary | ||
$40.0m | Debt | ||
* | $50.0m | Debt | |
* | $96.0m | Series B | |
* | $100m | Series C | |
Total Funding | €203m |
Related Content
Recent News about TruKKEr
EditTruKKer is a digital platform that operates in the Middle East and North Africa (MENA) region, providing a marketplace for freight transportation. It serves two main types of clients: carriers, who are the truck owners or operators, and shippers, who need to transport goods.
The platform allows carriers to search and book loads, ensuring their trucks are utilized throughout the year. It also offers real-time tracking of shipments through GPS-enabled trucks, providing transparency and accountability. Carriers are paid instantly for each load they haul, which improves their cash flow and reduces the risk of non-payment.
On the other hand, shippers can list their loads on the platform for bidding, giving them access to a wide range of carriers. They can also track their shipments in real-time, providing them with peace of mind and control over their logistics. Additionally, TruKKer offers on-demand insurance, adding an extra layer of security for shippers.
TruKKer operates on a transaction-based business model, likely earning revenue through commission or fees on each load booked through its platform. It leverages technology to streamline the freight transportation process, making it more efficient and cost-effective for both carriers and shippers.
Keywords: Digital Freight Marketplace, Carriers, Shippers, MENA Region, Real-Time Tracking, Instant Payment, Load Bidding, On-Demand Insurance, GPS-Enabled Trucks, Transaction-Based Business Model.