Datatruck, an AI-native TMS for smarter financial automation, has closed a Series A funding round led by Avenue Growth.
The funding round represents a new phase of growth for the company as it looks to accelerate product development, expand integrations and scale support for fleets adopting its platform.
The company was founded after identifying what it described as a critical gap in the trucking software market. Many existing TMS platforms were originally designed for brokers and later retrofitted for carriers, often leaving fleet owners without real-time insight into profitability.
As a result, dispatchers spent hours on manual data entry, back-office teams were overwhelmed by paperwork and owners often had to wait until month-end to understand whether their operations were profitable.
Datatruck set out to address these challenges by building a TMS where financial visibility is central to every workflow. The platform provides real-time profit tracking by load, truck and lane, alongside automated document processing through its TruckGPT tool, which handles rate confirmations, bills of lading and proofs of delivery. AI Dispatcher enables rapid load booking across multiple load boards, while AI Updater manages routine communications with brokers and drivers around the clock.
Today, more than 1,000 companies use Datatruck to run their operations, with over 100,000 users logging in daily. The platform has processed more than $1.7bn in freight and supported over 300 migrations from legacy systems.
The company highlighted customer examples including Ray Cargo, which scaled from 50 to more than 350 trucks while removing multiple spreadsheets and saving over $150,000 annually, and PAVA Logistics, which operates 200 trucks with 10–15% annual growth and full visibility into cost per mile.
Datatruck said the new funding will be used to enhance its AI capabilities, expand its more than 100 existing integrations, accelerate product development and grow its support team.
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