Iron Sheepdog Closes $10M Series B Financing

Iron Sheepdog

Iron Sheepdog, a Williamsburg, VA-based provider of a comprehensive trucking technology solution for brokers and contractors, raised $10M in Series B funding.

The round was led by SJF Ventures with participation from Grand Ventures, Supply Chain Ventures, and other strategic partners in the construction industry.

The company intends to use the funds to accelerate growth in new markets and leverage tools like AI to develop innovations designed to make the short haul industry safer and more efficient.

Led by CEO Mike Van Sickel, along with co-founders Jake Liebler and Will Lawrence, who serve as Iron Sheepdog’s President and CTO, respectively, Iron Sheepdog is a technology platform designed to help short haul trucking brokers manage their business with tools that dispatch fleets of owned and independent haulers for construction, material and road building projects of any size. With GPS tracking, real time analytics tools, digital ticketing, automated invoicing, and robust reporting, Iron Sheepdog brings transparency and reliability to a traditionally disparate industry. It also helps to create efficiency in dump truck hauling with an aim to maximize truck utilization across projects and regions.

In 2023, the company launched Dirt Hound, a virtual material exchange for the movement of material. Dirt Hound allows contractors the ability to acquire and/or unload material. It also allows brokers to maximize a truck’s efficiency with backhauls and fewer deadhead miles.

FinSMEs

26/03/2024