TRUX Overview
- Year Founded
-
2015
- Status
-
Private
- Employees
-
58
- Latest Deal Type
-
2ndary - Private
TRUX General Information
Description
Developer of a truck logistics platform designed to book trucks for construction and manufacturing-related hauling purposes. The company's platform provides access to local truckers and offers features such as live GPS tracking, real-time status updates, automatically refilled cancellations, and electronic paperwork submission, enabling companies to leverage the digital bridge to a connected construction community.
Contact Information
Website
www.truxnow.comCorporate Office
- 18 Tremont Street
- Suite 220
- Boston, MA 02108
- United States
Corporate Office
- 18 Tremont Street
- Suite 220
- Boston, MA 02108
- United States
TRUX Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
4. Secondary Transaction - Private | Completed | Generating Revenue | ||||
3. Early Stage VC (Series A) | 11-Mar-2019 | Completed | Generating Revenue | |||
2. Early Stage VC (Series A) | 20-Apr-2018 | $5.5M | $8M | Completed | Generating Revenue | |
1. Angel (individual) | $2.5M | $2.5M | Completed | Startup |
TRUX Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series A |
TRUX Comparisons
Industry
Financing
Details
TRUX Competitors (1)
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
HaulHub Technologies | Venture Capital-Backed | Boston, MA |
TRUX Executive Team (16)
Name | Title | Board Seat |
---|---|---|
Donald Lee | Chief Operating Officer & President | |
Jonathan Dorant | Chief Financial Officer | |
Kent Masden | Chief Technology Officer | |
Kathy Breslin | Chief People Officer |
TRUX Board Members (9)
Name | Representing | Role | Since |
---|---|---|---|
Bert O'Neal Jr. | Self | Board Member | |
Douglas Haugh | Self | Chairman |
TRUX Signals
TRUX FAQs
-
When was TRUX founded?
TRUX was founded in 2015.
-
Who is the founder of TRUX?
Ishan Sachdev, Michael Saccone Sr., and Richard Saccone are the founders of TRUX.
-
Where is TRUX headquartered?
TRUX is headquartered in Boston, MA.
-
What is the size of TRUX?
TRUX has 58 total employees.
-
What industry is TRUX in?
TRUX’s primary industry is Business/Productivity Software.
-
Is TRUX a private or public company?
TRUX is a Private company.
-
What is TRUX’s current revenue?
The current revenue for TRUX is
. -
How much funding has TRUX raised over time?
TRUX has raised $23M.
-
Who are TRUX’s competitors?
HaulHub Technologies is a competitor of TRUX.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read blog » -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process »