Amitruck

Africa's Digital Logistics Marketplace

Kenya · Founded 2019 · $4.0M raised

Employees
11–50
Founded
2019
Business Model
Marketplace
Total Funding
$4.0M
Last Round
$4.0M SeedFeb 2022
Rounds
1

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

About

Amitruck is a digital trucking logistics marketplace connecting cargo owners directly with transporters — owners of motorbikes, pick-ups, vans, and trucks — through web and mobile applications. Founded in 2019 in Nairobi, Kenya by Mark Mwangi, the platform eliminates cost-prohibitive middlemen, with transporters bidding for work to ensure competitive pricing and cargo owners choosing based on price, rating, and experience. All vehicles and drivers are vetted and goods are insured against loss or damage. In just over two years the platform grew to over 8,000 vehicles completing nearly 100,000 deliveries for more than 300 corporate clients, with revenue growing 1,000% in 2021. The company raised $4M in seed funding in 2022 led by Better Tomorrow Ventures, with participation from Dynamo Ventures, Flexport, and others, to accelerate its Africa-wide expansion.

Summary

Amitruck is a Retail company based in Kenya, founded in 2019. It has raised $4.0M in total across 1 round, most recently a $4.0M Seed round in Feb 2022. Investors include Better Tomorrow Ventures, Dynamo Ventures and Flexport.

Tech & App Stack

2 technologies & apps tracked

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Funding History

SeedSeed RoundFeb 2022
$4.0M

Investors

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