aifleet
Driver-centric, AI-enabled trucking company
- 21-100 employees
- B2B
- Artificial Intelligence
- Logistics
- Freight
- Sixth Street Historic District, Austin, TX
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Company mission
To maximize driver happiness, consider the environmental impact of its work, and strive to set the highest standards of freight delivery.
26% employee growth in 12 months
Our take
The US trucking industry, particulalry the full-truckload (FTL) segment, faces significant inefficienceies, with low drive utilization and a high rate of empty miles. Despite its $400B market size, the industry remains fragmented with over half a million carriers, creating a need for smarter, more efficient solutions.
aifleet is a tech-driven trucking company addressing these challenges with its AI-powered technology. By optimizing route planning, scheduling, and truck utilization, aifleet has improved driver utilization by over 40% compared to the industry average, while also enhancing the driver experience with real-time tracking and driver-centric scheduling.
This success hasn't gone unnoticed, with the company securing substantial funding that to support its technology and operational growth. With this, the company is in a prime position to scale and continue driving innovation, advancing a more sustainable and efficient trucking industry.
Kirsty
Company Specialist at Welcome to the Jungle
Company values
- Start from Scratch: We are relentless in our pursuit to make things better – continuously testing, learning and improving
- Respect the Handshake: We pride ourselves on our integrity and follow through
- Be Compassionate: We treat each other with respect, especially when times are tough
- Lean in Where it's Hard: We are resilient; we show up with grit and dedication to build the future we believe in
- Build It Together: We act like owners, holding ourselves accountable for the business today and our shared success tomorrow
Funding (last 2 of 3 rounds)
Oct 2023
$14m
EARLY VC
Dec 2021
$21m
SERIES A
Total funding: $38.5m
Leadership
Marc El Khoury
(Co-Founder & CEO)Former Chief Strategy Officer at freight company U.S. Xpress, Inc. Prior to this, was a Principal at business consultancy AT Kearney.
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