Class8 Overview

  • Year Founded
  • 2014

Year Founded

  • Status
  • Private

  • Employees
  • 28

Employees

  • Latest Deal Type
  • Series A

  • Latest Deal Amount
  • $22M

  • Investors
  • 28

Class8 General Information

Description

Operator of a fleet management platform intended to track trucks and move truckload freight without friction. The company's platform includes a dashboard for the dispatchers of trucking companies populated by post-processed data collected from smartphones and an Internet of Things infrastructure, enabling businesses to monitor truck locations and keep logistics data records on a single software platform.

Contact Information

Website
www.class8.com
Formerly Known As
FleetOps
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 123 Edward Street
  • 2nd Floor
  • Toronto, Ontario M5G 1E2
  • Canada
+1 (888)
Primary Industry
Logistics
Other Industries
Business/Productivity Software
Media and Information Services (B2B)
Vertical(s)
SaaS, Artificial Intelligence & Machine Learning, Supply Chain Tech
Corporate Office
  • 123 Edward Street
  • 2nd Floor
  • Toronto, Ontario M5G 1E2
  • Canada
+1 (888)

Class8 Timeline

2022202320242025
Financing RoundCaptured Employee CountEstimated Employee Growth

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Class8 Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
15. Later Stage VC (Series A) 19-Nov-2024 $22M Completed Generating Revenue
14. Accelerator/Incubator Completed Generating Revenue
13. Later Stage VC 22-Aug-2022 Completed Generating Revenue
12. Secondary Transaction - Private Completed Generating Revenue
11. Later Stage VC 05-Aug-2020 Completed Generating Revenue
10. Later Stage VC 27-Mar-2019 Completed Generating Revenue
9. Early Stage VC 29-Aug-2018 Completed Generating Revenue
8. Grant 16-Jul-2018 Completed Generating Revenue
7. Accelerator/Incubator 07-May-2018 $180K Completed Generating Revenue
6. Accelerator/Incubator 01-Jan-2018 $180K Completed Generating Revenue
To view Class8’s complete valuation and funding history, request access »

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Class8 Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Operator of a fleet management platform intended to track trucks and move truckload freight without friction. The compan
Logistics
Toronto, Canada
28 As of 2024

Long Beach, CA
 

New York, NY
 
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Class8 Competitors (3)

One of Class8’s 3 competitors is Cargomatic, a Venture Capital-Backed company based in Long Beach, CA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Cargomatic Venture Capital-Backed Long Beach, CA
Transfix Venture Capital-Backed New York, NY
Next Trucking Formerly VC-backed Torrance, CA
You’re viewing 3 of 3 competitors. Get the full list »

Class8 Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Class8 Investors (28)

Investor Name Investor Type Holding Investor Since Participating Rounds
Beyond Capital Venture Capital Minority
Commerce Ventures Venture Capital Minority
Angel (individual) Minority
Plug and Play Tech Center Accelerator/Incubator Minority
Xplorer Capital Venture Capital Minority
You’re viewing 5 of 28 investors. Get the full list »

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Class8 FAQs

  • When was Class8 founded?

    Class8 was founded in 2014.

  • Where is Class8 headquartered?

    Class8 is headquartered in Toronto, Canada.

  • What is the size of Class8?

    Class8 has 28 total employees.

  • What industry is Class8 in?

    Class8’s primary industry is Logistics.

  • Is Class8 a private or public company?

    Class8 is a Private company.

  • What is Class8’s current revenue?

    The current revenue for Class8 is .

  • How much funding has Class8 raised over time?

    Class8 has raised $31.1M.

  • Who are Class8’s investors?

    Beyond Capital, Commerce Ventures, , Plug and Play Tech Center, and Xplorer Capital are 5 of 28 investors who have invested in Class8.

  • Who are Class8’s competitors?

    Cargomatic, Transfix, and Next Trucking are competitors of Class8.

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