Founded in 2019, Truckoo, a startup, digitizes the trade of commercial vehicles such as trucks, buses, and construction vehicles with its platform and app. Trading is organized through partners – established commercial vehicle workshops that evaluate the vehicles free of charge and record all information in the app. After the sale, the platform takes over the processing. Since its founding, Truckoo has built an international network of over 900 dealers and 1,300 customers.
As part of the now completed financing round, Truckoo has secured a total investment of 1.5 million euros. In addition to existing investors Boom Ventures, Global Founders Capital and Flixfounders, the Munich startup The venture capital firms Mobility Fund, Vent.io, and Wave-X were also able to convince the startup's first Austrian investors. The money will be used to further drive the startup's international growth.
Matthias Leibetseder, Investment Manager at Wave-X, says:
"We believe in Truckoo's innovative business model and are delighted to be working together to shape and further digitize the future of logistics. With its online platform, the startup is succeeding in digitizing and thus revolutionizing the previously very analog and non-transparent commercial vehicle trade. With our logistics expertise and our network, we are contributing to Truckoo's growth."
Truckoo CEO Julia Unützer explained:
"With Wave-X, we are expanding our existing investor base from the logistics and transport industry with a strong strategic partner. Together with Wave-X and the Walter Group behind it, we can consistently continue our growth path and achieve further milestones in the logistics sector."
