Trailer telematics business FleetPulse has announced additional funding from NFI Ventures, a venture capital group run by NFI, a prominent 3PL, and Ironspring Ventures, a venture capital firm with deep transportation and logistics experience.
This new backing aims to enhance FleetPulse's development of customer-focused innovations and expedite product commercialization.
Following its recent Q2 separation from Great Dane and an $11M seed funding round, FleetPulse says it continues to attract strategic and financial investments, reflecting its pivotal role in delivering end-to-end trailer safety and cargo security solutions.
“The trailer must be a strategic, digital asset in our rapidly evolving industry,” says Carl-Christoph “CCR” Reckers, CEO of FleetPulse. “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.”
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. Today, FleetPulse provides critical trailer and cargo data to NFI customers across a growing fleet of thousands of assets nationwide, the company says.
"Working together with Fleet Pulse will enable us to provide richer data and insights to our customers," says Jim O’Leary, vice president of Fleet Services at NFI. “We go beyond providing transportation services and enable our customers to make data-driven decisions about their business."
