TRUCE Software has closed a Series B funding round to accelerate growth as it expands two recently launched product suites spanning commercial vehicle fleets and K-12 schools. Financial terms were not disclosed. The round was led by Yttrium, with participation from existing institutional investors Allomer Capital Group and New Amsterdam Growth Capital.
Based in Lisle, Illinois, TRUCE focuses on turning everyday smartphones into scalable, software-driven platforms. The company says it is building on a portfolio of patented mobile technology and, in 2025, launched two new suites to broaden its customer base across the United States.
For commercial vehicle fleets, TRUCE introduced a mobile-first AI video telematics platform intended to deliver automated driver coaching at roughly half the cost of traditional systems. By operating on standard iOS and Android smartphones already issued to drivers, the platform is designed to reduce dependence on specialized in-vehicle hardware while still offering real-time video capture, telematics analysis, and AI-powered coaching. The company is targeting light-duty fleets, which it says represent more than 70% of U.S. commercial vehicles.
For K-12 schools, TRUCE launched TRUCE Family, a software-based solution that reduces student phone distractions by automatically limiting smartphone functionality on campus in accordance with school-defined policies. TRUCE says the product aligns with emerging state requirements that increasingly restrict phone use during the school day for more than 25 million middle and high school students nationwide.
The company plans to use the new capital to scale go-to-market efforts across both categories, supporting expansion in commercial fleets and K-12 deployments.
KEY QUOTES
“We’ve taken a fundamentally different approach in both categories, reimagining a standard iOS or Android smartphone as a video telematics platform for fleets and helping schools manage phone distractions with software instead of physically separating students from their phones. For fleets used by field service, field sales, and home health organizations, we make it easy for teams to get more value from the phones employees already carry throughout the workday. In K-12, TRUCE Family simplifies individualized phone policies that fit school needs and parent preferences.”
Erik Hällström, Chief Executive Officer, TRUCE Software
“We’re excited to continue supporting the exceptional TRUCE team. We believe TRUCE is well positioned to disrupt legacy approaches across two large, dynamic markets: commercial fleets and K-12 schools.”
Axel Krieger, Partner, Yttrium
