Outpost, an Austin, TX-based provider of a network of managed semi-truck parking facilities, raised $12.5M in Series A funding.
The round was led by GreenPoint Partners with support from Speedwagon Capital Partners.
The company intends to use the funds to accelerate expansion of its managed properties and technology platform.
Led by CEO Trent Cameron, Outpost offers a network of truck parking facilities, with 18 locations and more than 8,000 spaces, which helps asset carriers, private fleets, and owner-operators use truck parking as a flexible part of their transportation infrastructure without the need for major capital investments. Its network of yards provides trucking fleets with secure locations for their drivers and cargo, hassle-free access to each location, consistent billing, and visibility into their assets and reservations.
Commenting on the news, Trent Cameron said: “This infrastructure will evolve beyond parking in the years ahead to include maintenance, electric vehicle charging, autonomous vehicle landing, office space, and other essential services. The first step toward that future is building a nationwide network of outposts for truck parking, fleet positioning, and drop trailer relays, and today’s funding will help us accelerate these efforts.”
FinSMEs
23/04/2024