Trucknet Enterprise Overview
Trucknet Enterprise has developed a comprehensive cloud-based platform that uses artificial intelligence, business intelligence, and machine learning for the efficient and digitalized management of supply chain and transport processes. The platform offers cross-company automatic matching based on location, including a quick and easy payment solution for the B2B market. The system also includes an online tool for calculating carbon emissions. Trucknet’s platform enables transportation and logistics companies to significantly minimize empty journeys. The system automatically prioritizes available vehicles with other transportation and logistics companies by making smart matches between empty trucks and cargo. Trucknet offers full automation and road transport optimization for companies that manage commercial vehicle fleets and for customers of logistics services. The company’s solution can help conserve resources, improve efficiency and profitability, reduce service costs, decrease the number of empty trucks on the road, and reduce harmful emissions. Trucknet’s software platform interfaces with all leading work scheduling systems, TMS, and leading telematics systems. Transport companies can improve and optimize vehicle fleet management and resource sharing through the mutual use of digital documents. Trucknet has developed interfaces for the driver and for the end customer, offering complete connectivity, monitoring, and transparency as well as system-based payment solutions.
Cumulative Funding Raised Over Time ($)
$2.0MAug 2021
$2.2MMay 2016
$3.4MMay 2017
Latest News
growth-positive
Israeli transport firm signs deal to ship fuel through Arab countries
Israeli digital shipping company, TruckNet, has signed a deal to operate a line of fuel tankers from Israeli ports to Arab countries. The company, which operates in Europe, the Persian Gulf, and Israel, connects to the operational systems of truck owners and presents transportation options to cargo owners. The new agreement will see a pilot conducted to examine the procedures for carrying out the transports, potentially leading to a significant logistic project. The company is traded on the Tel Aviv Stock Exchange with a market value of about NIS 34 million.
PartnersExpand
growth-positive
Israeli tech co says land transport platform can thwart Houthis
Israeli company Trucknet Enterprise has announced a partnership with UAE logistics company Pure Trans and an Egyptian transport company to operate a special transport land bridge from Dubai Port to Haifa Port. The companys technology brings together importers and transport companies on a digital marketplace, aiming to reduce transport costs and increase occupancy of goods on trucks. The companys market cap has more than doubled in just a month, partly due to these announcements. Trucknets revenue for the first half of 2023 was NIS 162,000. The company hopes to reduce transport costs in both directions by 25% with its new partnerships.
PartnersExpand
growth-positive
טראקנט תפעיל באמצעות החמ"ל הלוגיסטי למשק -"חרבות ברזל", גשר יבשתי בין נמלי דובאי וחיפה
Trucknet, an Israeli logistics company, has signed a partnership agreement with Puretrans FZCO, a logistics company from the United Arab Emirates. The partnership will focus on the terrestrial transportation of cargo along the Land Bridge route connecting the UAE, Saudi Arabia, Jordan, and the port of Haifa in Israel. Trucknets services will be used to automate cargo transportation, track trucks and delivery statuses in real time, and calculate emissions for each delivery. The partnership is expected to save 80% of the time compared to the maritime route and provide a shorter alternative to the Suez Canal.
PartnersExpand
growth-positive
Israeli tech to be used in Saudi Arabia via MoU with Bahraini firm
Israeli firm Trucknet has signed a Memorandum of Understanding with Bahrain-based Cox Logistics to use its technology in Saudi Arabia. The technology will be used in trucks servicing US military vehicles. The deal was signed by Trucknet CEO Hanan Friedman during an official delegation to Bahrain. The partnership will see Cox incorporate Trucknets all-in-one digital, cloud-based platform to help reduce costs and save resources. The value of the logistics market in the Gulf Cooperation Council (GCC) was $47.5 billion in 2018 and is expected to reach $66.3 billion by 2026.
PartnersExpand
Growth-Positive
טראקנט בהסכם לשימוש ברומניה
Tracknent has entered into a partnership agreement with SRL KYNITA, a Romanian company. The agreement, which begins in February 2022, allows SRL KYNITA to use the Tracknent platform for a year, with an initial 30-day trial period. After the trial, SRL KYNITA will pay 5 euros for each order made through the Tracknent platform. The agreement can be extended annually unless either party decides not to renew. SRL KYNITA, a manufacturer of thinners, solvents, adhesives, disinfectants, and other solutions in the chemical industry, is expected to require hundreds of shipments per year.
PartnersCustomersExpand
| Sector | Automotive & Mobility Technologies |
Funding
| Total funding | $9.44M |
| Last funding | $2.02M |
| Stage | Public |
| Rounds | 4 |
| Investors | 5 |
Team Members
5
Employees: 11-50
Web & Social Links
| Website | trucknet.io |
| Careers | Careers page |
| App Store | App Store |
| Google Play | Google Play |
Locations
Ha-Burseka'i St 26, Eilat, Israel
Ben Avigdor St 10, Tel Aviv-Yafo, Israel
92200 Rue du Commandant Pilot, Neuilly-sur-Seine, France
Strada Dumbravei 11, Piteti, Romania
Photos & Videos
2 item(s)
Trucknet Enterprise Business
Business models
B2G, B2B
Product stage
Released
Employees
11-50
Sector
Climate TechEco-Efficient Transportation & LogisticsEco-Efficient Mobility Optimization & LogisticsAutomotive & Mobility TechnologiesUrban MobilityIndustrial TechnologiesOperational Optimization SolutionsTarget Customer
Commerce & RetailDistribution ChannelsDistributoreCommerce PlatformsSupply ChainTransportation & LogisticsLogisticsPostal & CourierMaritimeCore Technology
Platforms & InterfacesWebData StorageCloudArtificial IntelligenceMachine LearningTags (18)
climate-techmunicipalitiessmart-mobilitycloud-basedoperations-optimizationroute-optimizationlogisticssmart-cityfreightmobile-applicationspublic-transportationsharing-economyweb-applicationcloudautomotivetransportationfleet-managementsupply-chainGeographic Markets
FranceSpainRomaniaTurkeyBrazilIsraelTrucknet Enterprise Financials
$9.44M
Total funding
Undisclosed
Capital raised
$2.02M
Last funding
Public
Funding stage
4
Total rounds
5
Investors
Cumulative Funding Raised Over Time ($)
$2.0MAug 2021
$2.2MMay 2016
$3.4MMay 2017
Private Equity Funding
PIPE
Aug 2021
$2.02M
Meitav Dash (Lead)
,
Arbitrage Value Hedge fund, Shlomi Ardan , Yossi Avrahami
Undisclosed Round
May 2017
$1.25M
A Round
May 2016
$170K
Capital Nature
Public Offering / Exit
POEvent
Apr 2021
Undisclosed
Trucknet Enterprise Lifecycle
Cumulative Funding Raised Over Time
$2.0MAug 2021
$2.2MMay 2016
$3.4MMay 2017
All Events
PIPE
Aug 2021
$2.02M
Meitav Dash (Lead)
,
Arbitrage Value Hedge fund, Shlomi Ardan , Yossi Avrahami
Undisclosed Round
May 2017
$1.25M
A Round
May 2016
$170K
Capital Nature
POEvent
Apr 2021
Undisclosed
Trucknet Enterprise News
16 articles
growth-positive
Israeli transport firm signs deal to ship fuel through Arab countries
Israeli digital shipping company, TruckNet, has signed a deal to operate a line of fuel tankers from Israeli ports to Arab countries. The company, which operates in Europe, the Persian Gulf, and Israel, connects to the operational systems of truck owners and presents transportation options to cargo owners. The new agreement will see a pilot conducted to examine the procedures for carrying out the transports, potentially leading to a significant logistic project. The company is traded on the Tel Aviv Stock Exchange with a market value of about NIS 34 million.
PartnersExpand
growth-positive
Israeli tech co says land transport platform can thwart Houthis
Israeli company Trucknet Enterprise has announced a partnership with UAE logistics company Pure Trans and an Egyptian transport company to operate a special transport land bridge from Dubai Port to Haifa Port. The companys technology brings together importers and transport companies on a digital marketplace, aiming to reduce transport costs and increase occupancy of goods on trucks. The companys market cap has more than doubled in just a month, partly due to these announcements. Trucknets revenue for the first half of 2023 was NIS 162,000. The company hopes to reduce transport costs in both directions by 25% with its new partnerships.
PartnersExpand
growth-positive
טראקנט תפעיל באמצעות החמ"ל הלוגיסטי למשק -"חרבות ברזל", גשר יבשתי בין נמלי דובאי וחיפה
Trucknet, an Israeli logistics company, has signed a partnership agreement with Puretrans FZCO, a logistics company from the United Arab Emirates. The partnership will focus on the terrestrial transportation of cargo along the Land Bridge route connecting the UAE, Saudi Arabia, Jordan, and the port of Haifa in Israel. Trucknets services will be used to automate cargo transportation, track trucks and delivery statuses in real time, and calculate emissions for each delivery. The partnership is expected to save 80% of the time compared to the maritime route and provide a shorter alternative to the Suez Canal.
PartnersExpand
growth-positive
Israeli tech to be used in Saudi Arabia via MoU with Bahraini firm
Israeli firm Trucknet has signed a Memorandum of Understanding with Bahrain-based Cox Logistics to use its technology in Saudi Arabia. The technology will be used in trucks servicing US military vehicles. The deal was signed by Trucknet CEO Hanan Friedman during an official delegation to Bahrain. The partnership will see Cox incorporate Trucknets all-in-one digital, cloud-based platform to help reduce costs and save resources. The value of the logistics market in the Gulf Cooperation Council (GCC) was $47.5 billion in 2018 and is expected to reach $66.3 billion by 2026.
PartnersExpand
Growth-Positive
טראקנט בהסכם לשימוש ברומניה
Tracknent has entered into a partnership agreement with SRL KYNITA, a Romanian company. The agreement, which begins in February 2022, allows SRL KYNITA to use the Tracknent platform for a year, with an initial 30-day trial period. After the trial, SRL KYNITA will pay 5 euros for each order made through the Tracknent platform. The agreement can be extended annually unless either party decides not to renew. SRL KYNITA, a manufacturer of thinners, solvents, adhesives, disinfectants, and other solutions in the chemical industry, is expected to require hundreds of shipments per year.
PartnersCustomersExpand
growth-positive
טראקנט מתקדמת עם פולקסווגן: הסכם כוונות להכללת מיליון משאיות באירופה לרשת כלכליסט
טראקנט מתקדמת עם פולקסווגן בהסכם כוונות להכללת מיליון משאיות באירופה לרשת. ההסכם מאפשר לנהגי המשאיות לשלב משלוחים נוספים לאחר השלמת המסירה הראשונה. טראקנט תספק אתרי חנייה לנהגי המשאיות כנדרש מהרגולציה באירופה. החברה גם תציע לפולקסווגן פתרון להרחבת השירות גם לרכבות. ההסכם עם חברת LogPay מאפשר לטראקנט להציע שירותי התאמת מטענים לכמיליון משאיות של לקוחותיה. טראקנט מתקדמת גם בתוכנית של פולקסווגן להכללת מקומות מטען פנויים ברכבות משא באירופה. הסכם זה מהווה התקדמות חשובה עבור טראקנט ופוטנציאל משמעותי לחברה.
Partners
growth-positive
Trucknet joins the ITF Corporate Partnership Board
Trucknet Enterprise has joined the Corporate Partnership Board of the International Transport Forum (ITF) to collaborate on transport decarbonisation, supply chain innovation, and digitalisation. The ITF is an intergovernmental organization that facilitates global dialogue for better transport. Trucknet provides a digital platform for logistics and transport companies to optimize shipments and reduce freight costs using AI, business intelligence, and machine learning. The partnership with ITF will help Trucknet in its mission to reduce heavy-duty vehicles on the road and achieve net-zero emissions by 2050. The ITF Corporate Partnership Board includes companies such as AB InBev, Airbus, Allianz Partners, and more. Trucknet has also conducted pilot projects with companies like Renault Group to improve efficiency and profitability in logistics services.
Partners
growth-positive
The aviation sector adopts the logistics solutions of Trucknet Enterprise
Trucknet Enterprise has signed a primary document of principles for initial cooperation with CAL Cargo Airlines, a subsidiary of the Challenge Group, to improve efficiency and reduce shipping costs in the logistics sector. The agreement allows CAL Cargo Airlines to use Trucknets platform within Europe, with potential expansion to the United States. Trucknets platform offers real-time information on available cargo capacity in trucks, reducing empty rides and contributing to cost savings, lower greenhouse gas emissions, and fewer road accidents involving heavy vehicles. The cooperation aligns with the Challenge Groups focus on green technologies and environmental solutions. The detailed and binding agreement is expected to be signed within 30 days.
Partners
growth-positive
Trucknet Enterprise was chosen by the prestigious international Logistics Tech Outlook magazine and website as one of the ten leading technologies in Europe in the field of logistics and transportation for 2021
Trucknet Enterprise, a logistics and transportation company, has been selected as one of Europes leading technologies in logistics and transport for 2021 by Logistics Tech Outlook magazine. The companys CEO and founder, Hanan Fridman, is featured on the cover of the magazines annual freight management issue. The article highlights Trucknets platform, which enables smart matching between available space in trucks and cargo, improving efficiency and reducing empty miles. The selection by Logistics Tech Outlook recognizes Trucknets success and mission of sustainability. The magazine has a large readership of key decision makers in the transportation and logistics industry. Trucknet aims to establish a unique professional system in the area of shared transport and has already conducted successful pilot projects with companies like Renault. The company operates in the international transportation and logistics market, valued at about $19.36 trillion.
CustomersPartners
growth-positive
Hanan Fridman, Trucknet Enterprise CEO, chosen as innovative leader in the field of sustainability within the logistics industry
Hanan Fridman, CEO and founder of Trucknet Enterprise, has been chosen as a patron of the official History of Parliament Trust 300 Years of Leadership and Innovation commemorative album. The publication celebrates British leadership and features articles on past and present leaders. Trucknet, a company focused on sustainability in the logistics industry, has been recognized for its innovative approach. The company has developed a platform that improves efficiency and profitability for companies in the transport sector. Trucknet has been invited to participate in a prestigious launch event for the commemorative album. The company aims to create a more sustainable transport sector and reduce greenhouse gas emissions. Trucknet operates in the international transportation and logistics market and has approximately half a million trucks connected from 4,000 companies. The company has signed agreements and pilot projects with leading companies in Israel and around the world.
PartnersExpand
growth-positive
טראקנט בהסכם של 3 מיליון יורו בשנה עם ענקית השילוח הדנית DSV כלכליסט
טראקנט, a logistics company based in Eilat, is adding thousands of new customers to its database under a partnership agreement with DSV, a Danish transportation giant. The agreement is expected to generate millions of euros in revenue for טראקנט and add thousands of new transportation companies in Europe. טראקנט has developed a unique cloud-based platform for optimizing land transportation for companies managing fleets of vehicles. The commercial use of the platform is expected to begin in October. The partnership with DSV is a significant addition to טראקנטs existing customer base of 5,000 transportation companies, most of which operate in France.
PartnersCustomers
growth-positive
טראקנט גייסה ממיטב דש ויוסי אברהמי - המניה זינקה ב-33% כלכליסט
טראקנט, a company developing a system for locating available trucking services, has raised 6.5 million shekels in funding. The investment was made by Mitvim Desh, Arbitrage Fund, and Shlomi Ardens group, along with Yossi Avrahami. The funding is expected to grow to 15 million shekels with the exercise of options. The company plans to penetrate the American market and take advantage of the Biden administrations reforms in the field of pollution emissions. The funding will allow the company to accelerate its strategic expansion plans, particularly in the United States, where there are approximately 1.2 million shipping companies and 73 million trucks. The companys stock price jumped by 33% after the investment.
Investment
TASE Site - Management of Technology Company, Trucknet Enterprise, Opens Trading in Celebration of its IPO on TASE
growth-positive
לעולם לא תסעי לבד: החברה שמשדכת בין מטענים למשאיות ריקות בדרך לבורסה
טראקנט, a company specializing in optimizing dry freight transportation, has developed a platform to address the inefficiencies in the industry. Many trucks travel empty or partially loaded, resulting in significant costs and unnecessary greenhouse gas emissions. טראקנט aims to go public with a valuation of 90 million shekels. The companys platform seeks to optimize road freight and reduce empty trips. The article highlights the global problem of inefficient transportation and the potential for טראקנטs solution to have a positive impact on the industry.
Expand
growth-negative
עופר גלזר מגיע לבורסה עם טראקנט האילתית: החברה פועלת 4 שנים ללא הכנסות
Tracknent, a company that has developed a system for managing land transport by finding empty space in a truck and matching it with a load for transport, has offered its system to 3,900 companies for a free pilot. After the pilot, the companies will decide whether they want to integrate it into their fleet. However, the company has not yet registered any revenue beyond a small payment for participating in the pilot. Ofer Glazer, who was married to Shari Arison in the first decade of the current millennium, is one of the shareholders in Tracknent. He holds 1.6 million shares in the company, and assuming full exercise of the options in his possession, his holding constitutes about 11% of Tracknents share capital.
InvestmentPublic Trading
growth-positive
מקשרת בין משאיות למטענים: טראקנט מצטרפת לגל ההנפקות בלעדי
Israeli company Trucknet is planning to go public on the Tel Aviv Stock Exchange, aiming to raise tens of millions of shekels. The company, which is part of the Neitser Capital group, provides a cloud-based platform that optimizes land transportation for companies managing vehicle fleets. The platform enables smart matching between available transportation space in trucks and cargo, improving efficiency and profitability of companies, as well as reducing pollution and environmental impact.
Public TradingInvestment
Trucknet Enterprise Team
Employee Info
| Employees (range) | 11-50 |
| Exact count | 37 |
| Team members | 5 |
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Trucknet Enterprise Internal
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Admin Info
| Confidence | 95/100 |
| Missing | markets, not claimed |
| BI Verification | Jenny Sotnik-Talisman |
| Registrar ID | 515446474 |
| Crunchbase | trucknet-enterprise-ltd |
| Phone | +972779709090 |
| Last updater | Maor Perlov |
| Updater email | maor.perlov@sncentral.org |
| Last update | 2022-08-31T00:00:00.000Z |
| Created | 2016-04-21T00:00:00.000Z |
| Status detail | Public on TASE on Apr, 2021<br> |