Auto Hauler Exchange Inc.
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Auto Hauler Exchange Inc. - overview
Established
2021
Location
Rochester Hills, MI, US
Primary Industry
Software
About
Founded in 2021 in Rochester Hills, US, Auto Hauler Exchange Inc. operates a platform connecting shippers and carriers directly. The company was founded by its CEO, Royce Neubauer. In December 2024, Auto Hauler Exchange Inc.
raised USD 4. 7 million in Series A funding led by MHS Capital Partners and Golden Ventures. Auto Hauler Exchange operates a direct vehicle transportation marketplace designed to connect shippers and carriers without the interference of brokers. The core product offering is a platform that facilitates vehicle logistics, allowing users to post shipping rates and connect directly with a network of over 5,000 vetted carriers.
This service addresses common pain points experienced in traditional logistics, such as lack of transparency regarding delivery timelines and costs. By eliminating brokers, Auto Hauler Exchange enables shippers to have control over their transportation process and benefits carriers by allowing them to negotiate rates directly with the shippers. The marketplace is designed for users across the United States, expanding access to vehicle auctions and dealerships nationwide, thus creating a broader market for vehicle buyers and sellers. The revenue model of Auto Hauler Exchange primarily revolves around transactions facilitated through its platform, where shippers post their desired shipping rates and carriers accept these jobs directly.
This transaction structure operates in a B2B format, where shippers and carriers engage in direct negotiations, leading to more cost-effective and efficient vehicle transport. Auto Hauler Exchange Inc. plans to leverage the recently raised USD 4. 737 mn in Series A funding to expand its technology infrastructure, enhance marketplace capabilities, and hire engineering and marketing talent to drive innovation and adoption.
The company aims to introduce new products designed to improve user experience by mid-2025. Additionally, it is exploring opportunities to expand its services into new geographic regions, targeting additional states in the US for enhanced vehicle logistics solutions by the end of 2025.
Current Investors
MHS Capital, Golden Ventures
Primary Industry
Software
Sub Industries
Internet, Logistics Software, Analytics & Performance Software
Website
www.autohaulerexchange.com
Company Stage
Series A
Total Amount Raised
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