CloudTrucks has aimed to bridge the technology gap for small trucking businesses and entrepreneurs while also lowering the barrier of entry for new drivers, providing tools that help them make the most of their runs and produce more revenue while also helping them get paid faster alleviating any cash flow constraints.

The CloudTrucks app allows drivers to instantly book truckloads aggregated from brokers and shippers across the country, helping to optimize the driver’s schedules around their preferences. It has introduced new features in the past year, allowing for things like instant payments. Other tiers allow drivers to drive under CloudTrucks insurance and even take part in lease or lease-to-own programs.

CloudTrucks has also looked to expand its reach amid the trucking boom, which said it has seen the number of loads completed on its platform grow by more than eight times in the last year. The company raised a $115 million Series B round in November at an $850 million valuation, a round it says it will use to expand its technology, hire more employees and broaden digital integration.

The full feature can be viewed here on CNBC.com.

Want to learn more about CloudTrucks? Give us a call at (469) 250-1214.‍

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