Empowering Carriers to Scale: Class 8 Secures $22M in Series A Funding

We are thrilled to announce that Class 8 has successfully raised an impressive $22 million in our latest funding round. This significant investment will propel our mission to empower carriers and enhance our innovative, carrier-centric solutions powered by OEM data. At Class 8, we understand the complexity and chaos of running a trucking business, and we are committed to transforming this landscape. Our platform processes a staggering 1 billion data points daily across a network of more than 227,000 trucks. We provide eight distinct, white-labeled brands sold through Electronic Logging Devices (ELDs) and OEMs, all tailored to optimize fleet performance and drive profitability for our customers. The funds will be strategically allocated to expanding our technology infrastructure, enhancing our product offerings, and scaling our operations to better serve our existing clients and attract new partners. By dedicating our efforts to making the trucking industry more efficient and accessible, we aim to create a cumulative impact that not only helps individual companies thrive but also drives the entire industry toward a fairer and more innovative future. As we embark on this exciting new chapter, we invite you to join us in our journey to empower carriers with the tools they need to succeed. With your support, we can move the trucking industry forward, ensuring that everyone—from small businesses to large fleets—has the opportunity to scale to new heights. Thank you for believing in our vision!