CloudTrucks
CloudTrucks provides a business management platform for trucking entrepreneurs, helping them manage loads, access insurance, and receive instant payments.
Secondary Market Price
Secondary Market Price
How CloudTrucks Measures Up
To help you manage your CloudTrucks equity, Prospect has run the company through our machine learning model.
Prospect Rating
TBD
We are still gathering data and evaluating CloudTrucks, so we have not yet issued a rating. Please check back soon for our projection of the company's worth in four years.
Exit Risk
TBD
We are still gathering data on CloudTrucks to train our machine learning model. Check back soon for our exit risk rating for CloudTrucks!
Funding Stage
Series B
A company at the Series B stage, like CloudTrucks, has a proven product and is focused on scaling its operations. This means you'd be joining an established business that still offers significant opportunities for growth and impact.
Secondary Market Price Chart
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Prospect Projected Future CloudTrucks Prices
Prospect’s machine learning model has been trained on the same data top-tier investors use to project the likely range of outcomes for CloudTrucks's equity. Create a free account to view 10th-90th percentile projections over 2, 4, and 6 years.
Powerful tools to earn more from your equity
Company Description
CloudTrucks is a technology company that operates as a virtual trucking carrier, offering a business management platform for owner-operators and small trucking companies. The service provides trucking entrepreneurs with tools to manage their operations, including booking loads, processing instant payments, and accessing insurance. Founded in 2019 by Tobenna Arodiogbu and Jin Shieh, the San Francisco-based company has raised $141 million in total funding, which was primarily secured through a $115 million Series B round in November 2021.
The company's recent activities point toward strategic expansion and operational improvements. In February 2024, CloudTrucks acquired Shipwell's brokerage business. It has also continued to develop its platform, introducing features like instant lumper codes within its mobile application to streamline driver reimbursements. On the operational side, the company achieved Key Account Status with C.H. Robinson, a major freight broker, after maintaining high performance metrics, including 92% tracking compliance and 95% on-time performance. This status gives drivers on the CloudTrucks platform earlier access to freight from C.H. Robinson.
- Tiger Global
- Khosla
- Menlo Ventures
- Craft
- Caffeinated Capital
- Abstract Ventures
- Kindred Ventures
- Flexport
- Co-Founder, CEO Tobenna Arodiogbu
- Co-Founder, George Ezenna
- Co-Founder, Jin Shieh
Peer Group Comparison
Vs Peer Group of >$4B Startups
Frequently Asked Questions
Joining Anduril as an employee is another way to acquire equity, typically through stock options included in compensation packages.
Is CloudTrucks worth joining?
Deciding whether to join a startup like CloudTrucks involves evaluating its growth potential, leadership, and your personal career goals. Platforms like Prospect can help you make an informed decision by providing independent, data-driven analysis on private companies using the same models as top venture capitalists.
What should I do with my CloudTrucks stock?
Managing private company stock involves complex decisions around when to exercise, hold, or sell to maximize value and minimize taxes. Tools like Prospect offer personalized strategies, predictive models, and tax optimization to help you make the most of your equity holdings.
Can you sell CloudTrucks stock?
Selling stock in a private company like CloudTrucks is possible, typically through secondary markets or company-organized tender offers, but it is subject to restrictions. Platforms such as Prospect provide tools to help you navigate sales, determine how much to sell, and identify which shares are the most tax-optimal to part with.
How can I find the value of my CloudTrucks stock?
Valuing stock in a private company is challenging because it doesn't trade on a public exchange. Prospect helps you determine the potential value of your equity by using proprietary predictive models and providing access to secondary market pricing data.
What is CloudTrucks's equity worth?
The precise value of equity in a private company like CloudTrucks is not public information and depends on factors like the latest funding round and overall business performance. You can get a data-driven estimate of your equity's potential worth by using platforms like Prospect, which analyze company data to project future value.
What is CloudTrucks's stock ticker symbol?
As a private company, CloudTrucks is not traded on a public stock exchange and therefore does not have a stock ticker symbol. Ticker symbols are only assigned to companies once they complete an Initial Public Offering (IPO).
Can I buy or sell CloudTrucks stock?
Selling stock in a private company like CloudTrucks is sometimes possible for employees and early investors through secondary markets, but buying it is typically restricted to accredited investors during specific funding rounds. While Prospect does not facilitate transactions directly, it offers tools and guidance for existing stockholders to optimize the sale of their shares.
What is the criteria to buy or invest in CloudTrucks stock?
Investing in a private company like CloudTrucks is generally restricted to accredited investors and venture capital firms that participate in formal fundraising rounds. Prospect's platform is designed to help existing employees and stockholders manage their equity, not to facilitate new investments from outside buyers.
