COMPANY INFO
aifleet, founded in 2020 by Marc El Khoury, is a transportation, logistics, supply chain, and storage company headquartered in Austin, Texas. With approximately 176 employees as of 2022, aifleet operates a tech-driven, AI-powered full-stack trucking company that uses proprietary technology to rebuild and humanize the trucking industry, improving efficiency and offering a better experience for drivers. The company's website is aifleet.com.
aifleet, founded in 2020 by Marc El Khoury, is an innovative company in the transportation, logistics, supply chain, and storage industry. Headquartered in Austin, Texas, with a core team of approximately 71 employees, aifleet operates as an AI-powered, full-stack trucking company. Leveraging proprietary technology, the platform aims to humanize and modernize the trucking sector by optimizing efficiency and providing a superior experience for its drivers.
aifleet funding history demonstrates a proactive approach to scaling its operations and technological infrastructure. The company has raised a total of $51.6 million over three funding rounds. Notably, aifleet secured significant investments in both seed and follow-on rounds within its initial years, allowing for rapid development and operational expansion. Strategic funding from high-profile investors, including leading venture capital firms and industry specialists, underpins aifleet’s commitment to growth, advanced R&D, and enhanced logistics capabilities.
The Series B round, led by Tom Williams at Heron Rock, with participation from Volvo Group Venture Capital, Obvious Ventures, Ibex Investors, Compound, Winthrop Square, and Cooley, aims to accelerate technology R&D, expand operational capacity, and bolster the sales and customer acquisition teams.
aifleet’s Series A round was led by Obvious Ventures and included Compound, Ibex Investors, and Tom Williams. The round targeted scaling the company’s operations, growing the technology platform, and refining logistical efficiencies through AI-driven solutions.
The seed round was primarily used for launching the company, developing the core product, and establishing vital initial infrastructure to support aifleet’s technology-driven trucking services.
Heron Rock Fund, with Tom Williams as a leading figure, played a pivotal role in the Series B round, providing strategic guidance and capital for technology R&D and market expansion.
Volvo Group Venture Capital’s investment in aifleet marks a significant endorsement from a global industry leader, supporting innovation and the advancement of intelligent transportation systems.
Obvious Ventures, a visionary venture capital firm, led both the Seed and Series A rounds, offering aifleet financial resources and access to an extensive startup network to accelerate growth.
Ibex Investors contributed to the Series A and B rounds, supplying the company with capital and industry insights to refine its logistics technology and broaden market reach.
Compound participated in multiple rounds, supporting aifleet’s mission of disrupting traditional trucking through AI and advanced analytics.
Winthrop Square was a Series B participant, backing aifleet’s high-growth trajectory in the logistics and AI sector.
Cooley, beyond providing legal counsel, joined the Series B funding, signaling confidence in aifleet’s operational model and long-term prospects.
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