![]() ![]() “Our target is to build out a national footprint and be in over 50 markets in the U.S.,” Eberhard said. This year it has added another 10 new markets, including Orlando, Nashville and Portland. The company expanded beyond Denver for the first time last year, adding 11 additional cities by the end of 2020. in Sunnyside, has 150 employees and expects to add around 200 to 275 more by the end of this year, Eberhard said. The startup, which is headquartered in 14,000 square feet at 1441 W. ![]() Businesses have the option to rent a full fleet without overhead or just a few extra vehicles during peak season. Customers can rent anything from a neighbor’s pickup truck to a Tesla online for an hourly, daily, weekly or monthly rate. “Between these investors, they can help us focus on how retail was evolving pre-COVID and how it’s been accelerated since.”įluid Truck founder and CEO James EberhardĮberhard added that this round brings the company’s total to around $65 million.įluid Truck offers 24/7 mobile access to a wide array of vehicles, none of which the company owns. The round was led by California-based Bison Capital with participation from Ingka Investments, which is the investment arm of IKEA holding company Ingka Group, as well as Sumitomo Corporation of Americas and some owners of vehicles that are listed for rent on Fluid. ![]() “We wanted to invest that capital into our tech and staff, so we can continue to grow fluidly.” “We’ve been growing aggressively, and we try to manage a very cash-efficient shop, and we’ve seen revenue grow pretty dramatically over the last couple of years,” Eberhard said. The Denver-based peer-to-peer truck rental platform plans to use the capital to add to its engineering and operations teams, accelerate expansion both nationally and internationally and reinvest in its software, according to CEO James Eberhard. ( Courtesy of Fluid Truck)įluid Truck’s big wheels keep on turnin’, as it closed a $63 million funding round this week, the company said. Fluid Truck, a peer-to-peer truck rental platform which launched in Denver in 2018, is available in 21 other markets across the country. ![]()
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