Amitruck operates a digital logistics marketplace that connects shippers directly with transporters and lets users negotiate rates, add service customizations, and view transporter ratings and trip history. Launched in 2019, the platform serves both B2B and individual customers and has more than 8,000 vehicles registered and over 300 B2B customers in Kenya, including Unilever, L’Oréal, SkyGarden and Twiga. The company says goods carried via partner transporters are insured and that it provides operational support to customers. Amitruck reported revenue growth of 1,000% in 2021 following 400% growth the prior year. The startup plans to use its latest funding primarily for hiring and improving technology as it expands into Tanzania and Uganda to become a regional go-to platform for in-country and cross-border shipping. Amitruck is a trucking logistics marketplace launched in 2019 by Mark and Timothy Mwangi that operates mobile and web applications to match cargo owners with transporters. The platform removes middlemen and brokers to increase transparency and efficiency in freight matching. The company reports it increased revenue by 300% despite challenges from the COVID-19 pandemic. Over the last 12 months Amitruck has achieved notable momentum, attracting investor interest. The recent undisclosed pre-seed funding will be used to expand the startup’s reach and customer base in East Africa. Amitruck aims to scale its logistics marketplace across Kenya and the broader East African market. Amitruck is a Kenyan logistics startup founded in 2018 by Mark and Timothy Mwangi that operates a mobile- and web-based trucking logistics platform. The platform matches cargo owners with transporters through a digital competitive bidding process to bring trust and transparency and cut out expensive middlemen. Drivers and vehicles are vetted and goods in transit are insured, which the company says increases security. GreenTec Capital has invested in Amitruck and described the startup as having demonstrated "impressive traction" and a strong team. GreenTec company builder Maxime Bayen said Amitruck’s solution can tackle fragmentation and lack of trust in African logistics and enable capacity growth by increasing driver and truck owner accessibility to the broader market. The article did not disclose any financial terms or operating metrics.

Total raised

$4M

Funding rounds

3

Latest round

Seed

Latest activity

Feb 2022