"Created during Y Combinator's Summer 2023 batch, FleetWorks has been developing a marketplace that leverages artificial intelligence to make faster matches between carrier companies and goods that need to be moved, freeing up more time for workers on both sides of the transaction. Singer and co-founder Quang Tran, who worked on "moonshot projects" at Airbnb, think it's a massive opportunity, and they've found some serious buy-in:"
"To push things further, FleetWorks has raised $17 million to put towards hiring, commercial expansion, and product development, including a newly-launched "always-on" AI dispatcher. The funding includes a $15 million Series A round led by First Round Capital's Bill Trenchard, who also led Uber's seed round in 2010. Y Combinator, Saga Ventures, and LFX Venture Partners also participated in the Fleetworks Series A."
FleetWorks was founded by Paul Singer and Quang Tran after roles at Uber Freight and Airbnb. The company entered Y Combinator's Summer 2023 batch and is building an AI-driven marketplace to match small trucking carriers with loads faster, aiming to free workers' time. FleetWorks claims to have brought more than 10,000 carriers and dozens of brokers, including Uber Freight, onto its marketplace within six months. The startup raised $17 million to support hiring, commercial expansion, and product development, including an always-on AI dispatcher. First Round led a $15M Series A with participation from Y Combinator, Saga Ventures, and LFX Venture Partners.
Read at TechCrunch
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