aifleet closed $16.6M Series B round

Aifleet raised $16.6 million in a Series B funding round. The round was led by Tom Williams at Heron Rock, with participation from Volvo Group Venture Capital, Obvious Ventures, Ibex Investors, Compound, Winthrop Square, and Cooley. This funding brings Aifleet's total capital raised to nearly $50 million.

Aifleet is a technology-enabled trucking company that utilizes artificial intelligence to optimize route and load planning, aiming to increase truck utilization and driver satisfaction. The company plans to use the new funds to fuel technology research and development, grow its operations and sales teams, and further develop scalable infrastructure and processes. Aifleet's technology is designed to make scheduling more efficient, reduce cost per mile, and decrease the number of trucks needed on the road, while also improving the driver experience with better pay and more reliable scheduling.