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Fluid Truck closes $63M funding round, plans to hire up to 275 by end of year

Fluid Truck closes $63M funding round, plans to hire up to 275 by end of year
Courtesy of Fluid Truck)
Fluid Truck’s big wheels keep on turnin’, as it closed a $63 million funding round this week, the company said.
The Denver-based peer-to-peer truck rental platform plans to use the capital to add to its engineering and operations teams, accelerate expansion both nationally and internationally and reinvest in its software, according to CEO James Eberhard.
“We’ve been growing aggressively, and we try to manage a very cash-efficient shop, and we’ve seen revenue grow pretty dramatically over the last couple of years,” Eberhard said. “We wanted to invest that capital into our tech and staff, so we can continue to grow fluidly.” ....

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Fluid Truck closes $63M funding round, plans to hire up to 275 by end of year – BizWest

, a BizWest news partner.
Fluid Truck’s big wheels keep on turnin’, as it closed a $63 million funding round this week, the company said.
The Denver-based peer-to-peer truck rental platform plans to use the capital to add to its engineering and operations teams, accelerate expansion both nationally and internationally and reinvest in its software, according to CEO James Eberhard.
“We’ve been growing aggressively, and we try to manage a very cash-efficient shop, and we’ve seen revenue grow pretty dramatically over the last couple of years,” Eberhard said. “We wanted to invest that capital into our tech and staff, so we can continue to grow fluidly.” ....

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02Mar2021 Midday Update: Wall Street Retreats From Aggressive Moves To A Subtle Fractional Loss, DOW Down 21 Points At 12:30 ET, Nasdaq Down Moderately -0.9%, Bitcoin Slips 47600

Democrats unveil an ultramillionaire tax on the top 0.05% of American households (SPY -0.4%). Biggest midday movers: Rocket Mortgage, Novavax, TripAdvisor.
Here is the current market situation from CNN Money
North and South American markets are mixed. The IPC is higher by 1.65%, while the Bovespa is leading the S&P 500 lower. They are down 1.41% and 0.39% respectively.
What Is Moving the Markets
Here are the headlines moving the markets.
Can Peru s Oil Industry Recover From A Disastrous 2020?
Perus oil industry is in crisis, with 2020 being one of its worst years on record. It was a year marred by the harsh fallout from the COVID-19 pandemic, violent protests, and political instability. By November 2020, Perus peak industry body; the National Society of Mining, Petroleum, and Energy, had released a statement (Spanish) claiming the national petroleum industry was in crisis. In that statement, the group pushed for the national government of Lima to resolv ....

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Fluid Truck Closes $63 Million Series A Round Led by Bison Capital - Joined by Ingka Investments & Sumitomo Corporation of Americas

Press release content from PR Newswire. The AP news staff was not involved in its creation.
Fluid Truck Closes $63 Million Series A Round Led by Bison Capital - Joined by Ingka Investments & Sumitomo Corporation of Americas
March 2, 2021 GMT
Fluid Truck logo.
DENVER, March 2, 2021 /PRNewswire/ Fluid Truck, the truck sharing platform for businesses, today announced $63 million in Series A funding. The round was led by Bison Capital, with participation from Ingka Investments (part of Ingka Group, the main IKEA retailer), Sumitomo Corporation of Americas, and Fluid Vehicle Owners. Fluid Truck will use the new funding to continue investing in the platform, scale the engineering and operations teams, and accelerate launching dozens of new markets. ....

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Fluid Truck, the Zipcar of commercial trucks, raises $63M to take on rental giants – TechCrunch

Fluid Truck has built 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 help it get there. The Denver-based company said Tuesday it raised $63 million in […] ....

United States , Krister Mattsson , James Eberhard , Sumitomo Corporation Of Americas , Ingka Group , Fluid Truck , Bison Capital , Ingka Investments , Sumitomo Corporation , Fluid Vehicle , ஒன்றுபட்டது மாநிலங்களில் , ஜேம்ஸ் எபர்ஹாஎச் , ஸூமிடோமொ நிறுவனம் ஆஃப் அமெரிக்காக்கள் , திரவம் டிரக் , காட்டெருமை மூலதனம் , ஸூமிடோமொ நிறுவனம் , திரவம் வாகனம் ,