LuckyTruck, a Cincinnati, OH-based retail platform exclusively focused on the trucking insurance market, raised $2.4M in Seed Extension.
The round was led by Candid Insurance Investors, with participation from Parker Beauchamp of Markd, Draper University Ventures and SiriusPoint.
The company intends to use the funds to accelerate growth, expand operations and its business reach.
Led by new CEO Julie Zimmer, LuckyTruck is a modern insurance platform for commercial trucking, leveraging data and automation to take the friction out of all aspects of the customer journey. In 2022 the team has grown from 25 employees in January to 60+ in October. Further, the company has grown to 700+ active customers in just 4 short years.
Zimmer brings over 30 years of experience in insurance and insurtech, most recently, serving as Head of Insurance at Flexport. Prior, she served as Chief Operations Officer at Embroker and ran HUB International’s middle market team globally.
FinSMEs
21/10/2022