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Buddytruk is a Santa Monica, California-based transportation and logistics company that operates a mobile application connecting users with local truck owners for the on-demand moving and delivery of large items. The platform allows individuals to photograph bulky goods that require transport, enabling nearby drivers to accept the hauling jobs based on time and mileage rates averaging around $40 per hour. Operating with a team of nine employees during its initial Los Angeles rollout, the company utilizes a revenue-sharing business model that allocates 80% of the transaction fee to the driver while retaining a 20% commission. The enterprise raised a total of $590,000 in seed funding from a syndicate of private investors that included David Schottenstein, Zack Schuler, Zalmi Duchman, Matt Toledo, and DRH Investments. Buddytruk was officially founded in 2013 by Brian Foley.
Buddytruk has raised $900K across 2 funding rounds.
Buddytruk has raised $900K in total across 2 funding rounds.
Buddytruk is a peer‑to‑peer, on‑demand moving and large‑item delivery mobile app that connects people who need help moving or hauling with local drivers who have trucks or cargo-capable vehicles[1][3]. It positions itself as a cheaper, community‑oriented alternative to traditional truck rental and mover services, and operates with a small team based in California[5][4].
High‑Level Overview
Origin Story
Core Differentiators
Role in the Broader Tech Landscape
Quick Take & Future Outlook
Sources: BuiltIn Austin (company profile), CB Insights company snapshot, Wellfound (product/careers page), WeAreLATech company note, ZoomInfo company overview[1][2][3][4][5].
Buddytruk has raised $900K across 2 funding rounds. Most recently, it raised $330K Seed in September 2015.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Sep 1, 2015 | $330K Seed | — | Aisprouts VC, Hoxton Ventures, Jude Gomila Rolling Fund, Jonathan Golden, Quiet Capital, GIL Penchina, Unpopular Ventures, Winklevoss Capital | Announced |
| Jan 11, 2015 | $570K Seed | Zack Schuler | David Schottenstein, Matt Toledo, Zalm Duchman, DRH Investments | Announced |
Buddytruk has raised $900K in total across 2 funding rounds.
Buddytruk's investors include AiSprouts VC, Hoxton Ventures, Jude Gomila Rolling Fund, Jonathan Golden, Quiet Capital, Gil Penchina, Unpopular Ventures, Winklevoss Capital, Zack Schuler, David Schottenstein, Matt Toledo, Zalm Duchman.