Showing 2 results for:
CloudTrucks
Popular topics
All results
This trucker is here to remind women they can do it all and secure a bag, too! Clarissa Rankin may be familiar to some. The trucker, entrepreneur, and social media guru has created a lane for women in a predominantly male-driven industry, which in turn started to make ends meet for her family. In 2018, as Rankin was obtaining her commercial driving license, she noticed there were not any Black women in the orientation class.
Virtual trucking carrier CloudTrucks has secured a $115 million Series B funding round on a reported $850 million valuation, according to Forbes. The Black-owned company was founded in 2019 by Tobenna Arodiogbu, Jin Shieh and George Ezenna. CloudTrucks provides a tech platform that helps small trucking businesses manage their administrative duties, including scheduling, instant payments, expense tracking and more. The startup plans to use the fresh funding to expand its operations across the U.S., grow its team and further build out its proprietary tech. “Nearly every sector of the economy relies on drivers to transport its goods, and we are eager to use this latest round of funding to continue optimizing the trucking business—especially as our country needs new truck drivers more than ever,” Arodiogbu, CloudTrucks Co-founder and CEO, said in a press release.