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Rose Rocket raises $38-million as demand for one-size-fits-all trucking software takes off

Rose Rocket raises $38-million as demand for one-size-fits-all trucking software takes off
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Rose Rocket, whose platform helps transportation companies communicate, raises $38M

In 2015, Justin Sky, Justin Bailie and Alexander Luksidadi all veterans of the trucking and logistics industry came to the realization that, in order to get to a stage of real-time collaboration, the entire trucking industry needed to come online. "The key issues facing the industry are capacity, visibility, supply chain disruptions and labor shortages and the antiquated systems and applications that enable these problems to only get worse," Sky, who serves as Rose Rocket's CEO, told TechCrunch in an email interview. "Like the way customer relationship management became table stakes technology in the past decades, the TMS is a system of truth for transportation companies, and the industry is rapidly adopting our software to modernize their business operations."

Toronto-based Rose Rocket, which sells SaaS tools for trucking companies, raised a $38M Series B led by Scale Venture Partners, taking its total funding to $69M

Toronto-based Rose Rocket, which sells SaaS tools for trucking companies, raised a $38M Series B led by Scale Venture Partners, taking its total funding to $69M
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