Trucknet Enterprise

Supply Chain Management and Optimization Platform

Automotive & Mobility Technologies
Public on TASE on Apr, 2021<br>

Company Overview

Snapshot

Founded in January 2014 by Hanan Friedman, Trucknet Enterprise operates with 11–50 employees. The company has raised $9.44 million across four funding rounds from five investors. Trucknet Enterprise went public on the TASE in April 2021.

Business overview

Trucknet Enterprise provides a comprehensive cloud-based platform leveraging artificial intelligence, business intelligence, and machine learning to digitalize and optimize supply chain and transport processes. Its core technology facilitates cross-company automatic matching of vehicles and cargo, including a B2B payment solution and real-time carbon emission calculations. The platform serves transportation and logistics companies, enabling them to minimize empty journeys, improve efficiency, reduce operational costs, and decrease harmful emissions by optimizing fleet management and resource sharing. Trucknet operates within the Smart Mobility sector, focusing on eco-efficient transportation and logistics.

Strategic signal

In March 2024, Trucknet Enterprise signed a deal to ship fuel through Arab countries, indicating a significant expansion of its operational reach and strategic partnerships in the Middle East. This development signals the company's growing influence in regional logistics and its ability to navigate complex geopolitical landscapes to secure critical transport agreements, potentially opening new markets for its optimization solutions.

Company Intelligence Q&A

When did Trucknet Enterprise go public?
Trucknet Enterprise went public on the TASE in April 2021.
What was a key strategic partnership for Trucknet Enterprise in 2023?
In September 2023, Trucknet Enterprise announced that its Israeli technology would be used in Saudi Arabia via a Memorandum of Understanding with a Bahraini firm, indicating a significant regional expansion.
What is Trucknet Enterprise's role in the 'Swords of Iron' logistics command center?
In December 2023, Trucknet Enterprise was set to operate a land bridge between the ports of Dubai and Haifa through the 'Swords of Iron' logistics command center.
What recognition did Trucknet Enterprise receive in October 2021?
In October 2021, Trucknet Enterprise was recognized by Logistics Tech Outlook magazine as one of the ten leading technologies in Europe for logistics and transportation.
Who were the lead investors in Trucknet Enterprise's August 2021 funding round?
In August 2021, Trucknet Enterprise raised funding from investors including.

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