FleetWorks

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

FleetWorks - overview

Established

2022

Location

Brooklyn, NY, US

Primary Industry

Logistics & Distribution

About

FleetWorks Technology, Inc. is a U. S. -based company specializing in automating the dispatching process for freight carriers, enabling seamless access to high-paying load opportunities using advanced AI technology.


FleetWorks Technology, Inc. , founded in 2022 and headquartered in Brooklyn, US, operates as an innovative solution for freight logistics. The company has successfully raised a total of USD 17. 00 mn in funding through a Series A led by First Round Capital, with participation from other notable investors including LFX Venture Partners, Saga Ventures Management, and Y Combinator.


FleetWorks has completed a total of 1 deal, with its latest funding round occurring on October 14, 2025. The founder's background or previous ventures is not specified. FleetWorks offers an innovative product that functions as an automated dispatcher for freight carriers, streamlining the process of booking high-paying loads. By utilizing AI technology, FleetWorks connects carriers to suitable freight opportunities through calls, emails, and text notifications.


This service is designed to address the significant inefficiencies that carriers experience, such as time lost in refreshing load boards, negotiating rates, and managing operational issues from pickup to proof of delivery (POD). FleetWorks serves a diverse client base, including carriers ranging from single-truck operators to larger fleets of up to 5,000 trucks, primarily marketing its products to the North American transportation sector, thus providing an essential tool for freight logistics optimization. FleetWorks operates on a pricing structure that begins with a complimentary first month for new users, after which charges apply at a rate of USD 6 per load. This model allows carriers to access a range of services without long-term commitments, as subscriptions can be canceled at any time.


Revenue is generated primarily through transactional fees associated with load bookings, positioning FleetWorks in a B2B environment that caters specifically to freight carriers by facilitating access to high-paying loads and providing ongoing support through dedicated relationship managers. In October 2025, FleetWorks raised USD 17. 00 mn in Series A funding led by First Round Capital, aimed at enhancing hiring, expanding operations, and improving its artificial intelligence-driven logistics solutions. The company plans to develop new products to further streamline dispatch processes and aims to penetrate additional geographic markets to increase its client base.


Current Investors

First Round Capital, Y Combinator, LFX Venture Partners

Primary Industry

Logistics & Distribution

Sub Industries

Logistics & Distribution, Logistics Software

Website

www.fleetworks.ai

Verticals

Artificial Intelligence, Mobile Apps

Company Stage

Series A

Total Amount Raised

Subscriber access only

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.