Ontruck

ontruck.com ↗ ·Madrid ·Series B

Ontruck is a Madrid-based digital road freight platform that connects shippers with a network of hauliers for regional B2B palletised and parcel transport, combining a marketplace with AI-powered TMS software for pricing, route optimisation, real-time tracking and CO2 monitoring. Founded in 2016 by the team behind La Nevera Roja and TouristEye, it raised roughly $60M across rounds backed by Atomico, Cathay Innovation and OGCI Climate Investments, including a €17M round in 2020 that was Spain's largest of that year. The company has since downsized substantially (around 30 employees per recent data) and pivoted toward selling its logistics software alongside its transport service; only co-founder Iñigo Juantegui remains active as CEO, while the other two co-founders have departed.

Founded
2016
Founders
3
Total funds raised
€53.2M
Rounds
4
Investors
14
Last round
Jun 2020
SectorsLogistics, Road Freight, Marketplace, Mobility, Enterprise SaaS, Climate Start-up MapMobility & Logistics › Freight & cargo tech

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Founders

Iñigo Juantegui
Co-Founder & CEO
Javier Escribano
Co-Founder & Chief Product Officer / General Manager Spain (former)
Also at Punto →
Samuel Fuentes
Co-Founder & CTO (former)

Global models 5

Uber Freight
United States · www.uberfreight.com ↗
Digital freight marketplace that matches shippers with carriers and also sells AI-driven TMS software, the same combination of marketplace and TMS as Ontruck.
$2.7BComparable
Convoy
United States · convoy.com ↗
Digital freight network that used algorithmic pricing and matching to connect shippers with a network of carriers, taking a margin on each load as Ontruck does.
$1.1BComparable
sennder
European digital road-freight broker that connects shippers with haulier fleets through its own tech platform, directly mirroring Ontruck's model.
$470MComparable
BlackBuck
Online trucking marketplace that matches B2B shippers with truck operators and adds pricing and tracking tools for road freight.
$360MComparable
Loadsmart
United States · loadsmart.com ↗
Combines instant-pricing digital freight brokerage with shipper TMS software, the same marketplace-plus-software model as Ontruck.
$350MComparable

In the same niche 24 others

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Notes: Most funded first

Investors 14

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Funding rounds 4

DateRoundAmountLead

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