Fluid Truck, the Zipcar of industrial trucks, raises $63M to handle rental giants

Fluid Truck, the Zipcar of industrial trucks, raises $63M to handle rental giants

Fluid Truck has actually developed an app-based platform that aims to take away the pain and cost of owning or leasing commercial vehicles, all while grabbing market share from established companies like Penske, Ryder and U-Haul. Now, it has the capital to assist it arrive. The Denver-based company stated Tuesday it raised $63 million in […] Fluid Truck, which runs in 25 U.S. markets, operates like the car-sharing business Zipcar, with an industrial bent. Fluid Truck’s pitch to businesses extends beyond the “you do not require to purchase or rent” argument. Fluid Truck argues that its tech stack, which is designed to smooth out the booking and renting procedure, gives it a competitive edge in a market controlled by the likes of U-Haul, Ryder and or other little depots. Fluid Truck’s fleet is made up of thousands– and soon to be 10s of thousands– of freight vans, pickup trucks, big box trucks and various other vehicles. Fluid Truck is not the only truck sharing app on the streets….