Aifleet provides a proprietary AI algorithm and technology suite for trucking operations, including dynamic pricing tools, a modernized in-house TMS, real-time tracking, and driver-centric scheduling. The company manages 20 quintillion permutations per truck per week, which it says equates to 250K loads per week and $20 billion in orders per year. Aifleet plans to use new capital to expand technology research and development, grow its operations team to support the fleet at scale, expand its sales organization, and further develop scalable infrastructure and processes. Leadership is headed by CEO Marc El Khoury and the company is based in Austin, TX. The firm also intends to bring AI-adjacent use cases to the industry and, in the future, operationalize electric and autonomous technologies. The business appears focused on scaling both its technical platform and operational capabilities to support larger volumes and more complex routing and pricing scenarios.

Total raised

$17M

Funding rounds

1

Latest round

Series B

Latest activity

Sep 2024