With integrations into leading telematics partners Geotab, Isaac, KeepTruckin, Samsara, Thermo King and Omnitracs, visibility platform project44, and security system SaferWatch, Rose Rocket has created a TMS that allows both carriers and 3PLs to scale at the speed of their choosing while being prepared to accelerate growth within their own walls without technology enhancements obstructing that growth. Scale operations and invest in product growth Ripple Ventures, ScaleUP Ventures, FundersClub, Y-Combinator and Kevin Mahaffey We are so excited to be able to continue building products that help our customers unlock their operations and network.” Funding details This is the first time in our industry’s history where collaborative network effects are even possible. “Over the past decade, we’ve seen the industry shift from pen and paper to on-premise systems to using modern software. “When we started building trucking software, we found that the industry was left behind by the movement to SaaS,” said Justin Sky, CEO and co-founder of Rose Rocket. Related: How does Rose Rocket grow? (with video)Ī year later, with ninefold customer growth, the Canadian company looks to continue that mission on a grander scale. TMS provider Rose Rocket announced on Wednesday that it has closed on a $25 million Series A round led by Addition Capital and Shine Capital with participation from Ripple Ventures, ScaleUP Ventures, FundersClub, Y-Combinator and Kevin Mahaffey.ĭuring last year’s FreightWaves FreightTech Venture Summit, co-founder and Chief Strategy Officer Justin Balile explained that at Rose Rocket’s takeoff in 2015, there was a need for a midmarket, enterprise-grade, cloud-based technology that would allow trucking companies and freight brokerages leverage an agile technology suite to scale their businesses. Automatically like, comment and follow your target audience. The Forum at FreightWaves LIVE (Fall 2019) InstaRocket - The Best and Easiest Instagram Automation Service Get Real Instagram Followers.Evolve: The Next Evolution of Oil & Gas.Podcasts: FreightWaves FreightCasts Network.
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