TLDR:
Key Points:
- FleetPulse gains funding from NFI Ventures and Ironspring Ventures to enhance trailer telematics development.
- New funding aims to expedite product commercialization and improve safety, cargo security, and fleet performance.
FleetPulse, a trailer telematics developer, has announced additional funding from NFI Ventures and Ironspring Ventures. This new funding will be used to enhance the development of trailer telematics innovations and expedite product commercialization. The CEO of FleetPulse, Carl-Christoph Reckers, stated that the trailer must be a strategic, digital asset in the rapidly evolving industry, and this additional funding is a vote of confidence from respected partners in the trucking and venture capital industries.
The backing from NFI Ventures, an early adopter of FleetPulse’s trailer telematics, has been instrumental in pilot programs and technology design partnerships to improve safety, cargo security, and fleet performance. FleetPulse now provides critical trailer and cargo data to NFI customers nationwide. According to Jim O’Leary, the vice president of fleet services at NFI, working together with Fleet Pulse will enable them to provide richer data and insights to their customers.
Ironspring Ventures, a venture capital firm with transportation and logistics experience, expressed its enthusiasm for supporting FleetPulse’s early momentum. They were impressed by the team’s ability to deploy the product commercially on tens of thousands of trailers across the US, Mexico, and Canada. The partnership with FleetPulse will provide valuable visibility and data-driven insights into trailers, an asset that has been underserved in the supply chain.
Overall, this additional funding from NFI Ventures and Ironspring Ventures will allow FleetPulse to continue its development of innovative trailer telematics solutions, improve safety and efficiency in the industry, and provide valuable data and insights to customers.
