Peer-to-peer truck sharing platform Fluid Truck has raised $63 million in its first external round of fundraising as it seeks to disrupt the rental industry, according to a report.
- Established in 2019, the company is banking on an untapped market for those looking to share commercial trucks.
- Fluid Truck believes owners of small companies will gravitate to an app and service to supply a commercial vehicle on short notice.
- Founder and chief executive officer James Eberhard said the platform is as quick as booking an Uber and available 24 hours a day, seven days a week.
- The immediate focus of the company is expanding operations from its current footprint of over 25 markets.
- The startup will leverage its relationship with furniture maker IKEA which backed the recent funding.