Founded in 2019, Truckoo is digitizing commercial vehicle trading—including trucks, buses, and construction vehicles—through its platform and app. Trading is organized through partners: established commercial vehicle repair shops that assess vehicles for free and record all information in the app. After the sale, the platform handles the entire transaction. Since its founding, Truckoo has built an international network of over 900 dealers and 1,300 customers.
As part of the now-completed funding round, Truckoo has secured a total investment of €1.5 million. In addition to existing investors Boom Ventures, Global Founders Capital, and Flixfounders, the Munich startup has also convinced investment firms Mobility Fund, Vent.io, and Wave-X—Austria’s first investor in the company—to participate. The funds will be used to further advance 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 help shape the future of logistics together and continue its digitalization. With its online platform, the startup succeeds in digitizing and revolutionizing the previously very analog and opaque trade in commercial vehicles. With our logistics expertise and our network, we are contributing to expanding Truckoo’s growth.”
Truckoo CEO Julia Unützer explains:
“With Wave-X, we are expanding our existing investor circle from the logistics and transport sector with a strong strategic partner. Together with Wave-X and the Walter Group behind it, we can consistently continue our growth trajectory and achieve further milestones in the logistics sector.”
