FleetPulse, a leading innovator in trailer telematics, announced additional funding from NFI Ventures, a venture capital group run by NFI (a prominent 3PL) and Ironspring Ventures (a VC firm with deep transportation and logistics experience). This new funding aims to enhance FleetPulse’s development of customer-focused innovations and expedite product commercialization.
Following the recent Q2 separation from Great Dane and an $11 million seed funding round, FleetPulse continues to attract strategic and financial investments, which reflects its pivotal role in delivering end-to-end trailer safety and cargo security solutions.
NFI, an early adopter of FleetPulse trailer telematics, has been instrumental in pilot programs and technology design partnerships aimed at improving safety, cargo security, and fleet performance. Now, FleetPulse provides critical trailer and cargo data to NFI customers across a growing fleet of thousands of assets nationwide.
Ironspring Ventures, an early-stage sector-focused firm with expertise across the industrial supply chain, was enthused about backing FleetPulse given its rapid trailer deployment and commercial progress since launching as an independent company earlier this year.
This announcement emphasizes FleetPulse’s commitment to forming partnerships with strategic and financial industry leaders who understand and can address the sector’s pressing needs. These leaders are poised to expedite the delivery of customer-inspired solutions and foster a network of key industry specialists.
KEY QUOTES:
“The trailer must be a strategic, digital asset in our rapidly evolving industry. This additional funding is a vote of confidence from forward-looking and highly respected partners in the trucking and venture capital industries, and these relationships will deepen our understanding of customer needs as well as enable us to tap into valuable networks to accelerate commercially.”
– Carl-Christoph “CCR” Reckers, CEO of FleetPulse
“Working together with Fleet Pulse will enable us to provide richer data and insights to our customers. We go beyond providing transportation services and enable our customers to make data-driven decisions about their business.”
– Jim O’Leary, Vice President of Fleet Services at NFI
“FleetPulse delivers crucial visibility and data-driven insights into trailers, a key asset in the supply chain that has been underserved. We were impressed by the team’s ability to rapidly deploy the FleetPulse product commercially on to what is now tens of thousands of trailers all across the US, Mexico and Canada. And we’re thrilled to catalyze our network in support of the company’s incredible early momentum.”
– Ty Findley, General Partner at Ironspring Ventures
