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Class8 Raises $22M Series A to Empower Carriers and Drivers with OEM-Integrated AI Solutions

Geotab Data: Collisions Down by Over a Third in North America Over Last 5 Years

Class8, rebranded from FleetOps, launches OEM-connected tools for fleets, enhancing the future of transportation.

Class8, previously recognized as FleetOps, announced it has secured $22 million in Series A funding, led by Xplorer Capital with new investor Commerce Ventures and returning partners Inspired Capital and Resolute Ventures. This funding will accelerate Class8’s mission to redefine trucking by making carriers and drivers the heart of every decision, turning trucks into dynamic, profit-driving assets with Original Equipment Manufacturer (OEM) integrated, AI-powered logistics.

With direct OEM connections, Class8 processes over one billion daily data points from 227,000 trucks, delivering carrier-centric solutions that simplify and empower trucking businesses in an industry marked by constant change. Unlike tech providers that tend to use vehicle data for tracking or management, Class8 is dedicated to unlocking the full value of data for the benefit of carriers themselves.

“Our mission is to put the power back in the hands of carriers and drivers,” said Chris Atkinson, CEO of Class8. “This investment allows us to leverage OEM-driven insights to bring carriers clarity, control, and profitability. Class8 flips the script on data by turning it into actionable insights, empowering carriers and drivers to thrive in even the most volatile markets.”

Atkinson added, “We’ve transformed our platform into a single operations hub that eliminates planning headaches and busywork. Our enhanced system now includes automated backhaul finding and real-time route planning–all powered by direct OEM connections. The result is a full solution that maximizes carrier efficiency by reducing operational costs.”

Class8’s platform blends OEM data and advanced AI to optimize fleet operations, enhancing each truck’s ability to adapt and stay profitable. Key features include:

Dispatch Optimization
Eliminate operational uncertainty with automated dispatch updates powered by OEM data, ensuring that trucks stay moving and operations remain agile.

Load Optimization
Unlock new efficiencies by automating load planning, adapting to market shifts, and maximizing profit through predictive insights drawn from data sources like SONAR.

Understanding Supply Chain Fleet Safety: An Invitation to Participate in the Benchmark StudyClass8’s tools layer OEM-integrated, freight market, and operational data into daily decision-making that fuels driver retention, optimized load matching, and real-time responsiveness to market shifts. This funding supports Class8’s mission to not only simplify but also elevate the trucking industry with solutions that reward carriers and drivers directly for their data and hard work.

For more information about Class8 and its OEM-integrated logistics solutions, visit www.class8.com.

Nov 18, 2024Dave Bean
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