Trucksters operates a relay-based long‑haul trucking service that keeps trucks continuously moving by swapping semitrailers at relay points, reducing transit times and allowing drivers to return home more often. The company has delivered airline-like efficiency across four corridors, including links from Spain to Dortmund, Benelux/West Germany, Poland, and a Barcelona/Northern Spain–UK route that cuts transit time by roughly 50%. In 2022 Trucksters moved more than 600 fully loaded trucks and executed nearly 2,000 relays; its platform is used by over 600 customers, including Samsung, Bosch, LG, DHL and Nestlé. Founded in 2018 and based in Madrid, Trucksters has raised €54 million across three funding rounds. The newly announced €33 million Series B will help the company electrify its routes and aim to become one of Europe’s first electric long‑haul operators. Management and investors highlight electrification as a strategic priority and see relay systems as enabling future safety, electrification and autonomous solutions. Trucksters is a Madrid-based fleet management startup that operates a relay system platform for long-haul trucking. Its platform is used by over 600 Spanish and international companies, including Kimberly Clark, the DPD Group, Amazon and SEUR. Currently present in Germany, Belgium and Poland, the company plans to expand operations into the Netherlands and Italy this year. Trucksters says it aims to improve drivers' living conditions and enable earlier payment for rides as part of making logistics more sustainable and humane. Financially, the company closed its Series A at €14.3 million after an €8 million extension to the initial €6.3 million tranche raised in July 2021. The new funding will be used to triple its technology team and continue international expansion. By 2022 the platform plans to increase turnover sixfold to €30 million. Trucksters is a freight transport operator that provides long-distance full-truckload (FTL) service using an innovative truck relay system powered by big data and artificial intelligence. Its relay model keeps trucks continuously on the move, reducing long-distance road transit time by up to 50%. The company, founded in 2018 and headquartered in Madrid, operates from Madrid and Valencia and has presence in the Netherlands, Belgium and Greece, running three major corridors connecting Spain, Germany, France, Benelux and Poland. Trucksters is used by more than 500 clients and plans to expand internationally into Benelux, Germany and Poland, offering a wider range of routes. It intends to use the €6.3M Series A to grow the team and open new offices in Galicia and Dortmund, Germany. Trucksters offers a relay-based long‑haul trucking service that uses AI and Big Data to coordinate driver, truck and cargo handoffs so trucks stay continuously moving and delivery times can be cut by up to 50%. The system staggers 4.5‑hour driving shifts and swaps trailers to allow drivers to sleep at home, improving working conditions while lowering transit times and costs versus traditional services. The company reported monthly growth of about 40% during the year and already serves customers such as Grupo Seur, ALPI, Kimberly‑Clark, Lesaffre, Campofrío and Bofrost. Trucksters plans to consolidate two international corridors (the Mediterranean and the Central corridor) and then expand gradually into Poland and other central and eastern European markets. The new funding will also be used to invest further in technology to add more intelligence to the relay system. The Valley Venture Capital will additionally provide operational expertise and access to its digital ecosystem alongside the financial support. Trucksters develops a platform to coordinate long‑distance freight using Artificial Intelligence and Big Data to optimize transport. Its operating model uses relay driving—a driver drives ~4.5 hours, then the load is transferred so drivers can return home—reducing time away from home for professional drivers. The company says it will invest recent funds entirely in technology to continue developing its coordination platform. Trucksters captured €250,000 through the Programa Neotec promoted by the CDTI. Prior to this award it had raised more than €900,000 in venture rounds led by Big Sur Ventures and Metavallon VC. Other backers named in the articles include Porsche, Axel Springer (APX), Grupo Undanet, Grupo Andrés and corporate investors Mario Vicente, Carlos Severino, Sacha Michaud and Telmo Pérez. The company operates in the transportation sector and is based in Spain.

Total raised

$54M

Funding rounds

6

Latest round

Series B

Latest activity

Jun 2023