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§ Private Profile · Madrid, Spain
OnTruck is a company.
OnTruck has raised $62.2M across 5 funding rounds.
Key people at OnTruck.
OnTruck was founded in 2016 by Inigo Juantegui (Co Founder & CEO).
OnTruck has raised $62.2M in total across 5 funding rounds.
OnTruck operates as a digital road freight platform, connecting businesses needing transport with carriers through an advanced technological network. Its core product leverages proprietary algorithms for dynamic pricing, optimized routing, and intelligent load assignment. This approach enhances vehicle utilization and reduces empty mileage, streamlining goods movement across fragmented European road freight networks.
The company was co-founded in 2016 by Iñigo Juantegui, CEO, Gonzalo Parejo Navajas, and Rika Christanto, COO, among others. Juantegui's prior entrepreneurial success informed the venture. The founding team identified inefficiencies within the European trucking industry, recognizing an opportunity for technological disruption in logistics.
OnTruck serves businesses seeking efficient freight transportation and provides carriers with optimized loads. Its vision is to transform the logistics sector by promoting sustainable practices. This is achieved through digital innovation designed to minimize road freight’s environmental impact, fostering a sustainable transport future for the industry.
Key people at OnTruck.
OnTruck is a Spain‑founded, AI‑driven digital road‑freight platform that matches shippers and professional carriers to make pallet and palletised freight faster, cheaper, more transparent and lower‑carbon than traditional trucking arrangements[5][1].
High‑Level Overview
Origin Story
Core Differentiators
Role in the Broader Tech Landscape
Quick Take & Future Outlook
Quick take: OnTruck combines AI‑driven optimisation, carrier network management and real‑time visibility to modernise short‑haul and palletised road freight—addressing cost, speed and sustainability pressures in European logistics while positioning itself to scale further into enterprise and pan‑European markets[5][1][2].
OnTruck has raised $62.2M across 5 funding rounds. Most recently, it raised $19.0M Series B in June 2020.
OnTruck was founded in 2016 by Inigo Juantegui (Co Founder & CEO).
OnTruck has raised $62.2M in total across 5 funding rounds.
OnTruck's investors include OGCI Climate Investments, 7percent Ventures, Atomico, Entrepreneur First, Piton Capital, Damien Lane, Michael Pennington, Cathay Innovation, Endeavor Catalyst, Idinvest Partners, Total Carbon Neutrality Ventures, Jacky Abitbol.