TrueNorth: Funding, Investors & Team (Oct 2026)
TrueNorth aims to fix inefficiencies in the independent, yet fragmented, trucking industry. TrueNorth, established by Stedge and Sanjaya Wijeratne, develops software that puts “independent truckers under one roof.” While TrueNorth doesn’t lease trucks, it helps truckers have a platform to manage insurance, fuel, and maintenance. TrueNorth also helps truckers with route optimization, dispatch and load coordination, and automated tracking.
TrueNorth has raised $60.0M across 2 funding rounds on record, the most recent a Series B of $50.0M announced in Dec 2021.
That round is above the $3.5M median round size for Software companies tracked on FundedIQ over the last two years.
TrueNorth Company Profile and Key Stats
Latest funding round on record: Dec 2021.
TrueNorth Funding Rounds
TrueNorth raised $10.0M in an undisclosed round announced in Apr 2020.
1.7 years later, a Series B of $50.0M was announced in Dec 2021.
TrueNorth Founders and Leadership Team
No contact details are on record for this team yet.
TrueNorth Funding Compared to Other Software Startups
TrueNorth's latest round of $50.0M is above the median round in Software. Medians cover the last 24 months of disclosed rounds.
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TrueNorth Funding FAQs
What does TrueNorth do?
TrueNorth aims to fix inefficiencies in the independent, yet fragmented, trucking industry. TrueNorth, established by Stedge and Sanjaya Wijeratne, develops software that puts “independent truckers under one roof.” While TrueNorth doesn’t lease trucks, it helps truckers have a platform to manage insurance, fuel, and maintenance. TrueNorth also helps truckers with route optimization, dispatch and load coordination, and automated tracking.
How much funding has TrueNorth raised?
TrueNorth has raised $60.0M across 2 rounds on record. The most recent is a Series B of $50.0M announced in Dec 2021.
When did TrueNorth last raise funding?
TrueNorth's most recent funding round on record is a Series B of $50.0M, announced in Dec 2021.
Who is the CEO of TrueNorth?
Jin Stedge is listed as CEO at TrueNorth.
Where is TrueNorth headquartered?
TrueNorth is based in San Francisco, California, United States.
How many employees does TrueNorth have?
TrueNorth is in the 11-50 employee band.
How does TrueNorth's funding compare to other Software startups?
TrueNorth's latest round of $50.0M is above the $3.5M median round size for Software companies on FundedIQ across 961 tracked companies over the last two years.
About FundedIQ's TrueNorth Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for TrueNorth is left off this page rather than filled in.
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