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.