FleetWorks, a US-based logistics tech startup, has raised US$17 million to expand its AI-driven freight marketplace for small trucking companies.

The company was founded in 2023 by Paul Singer, a former Uber Freight product manager, and Quang Tran, previously at Airbnb.

FleetWorks says its platform uses AI to speed up the matching process between carriers and shippers, aiming to cut down on manual communication.

The new funding includes a US$15 million series A led by First Round Capital, with participation from Y Combinator, Saga Ventures, and LFX Venture Partners.

🔗 Source: TechCrunch