Known as the No.1 early-stage fund focused on transportation technology by Pitchbook and praised by Evercore as ‘the best at picking tomorrow’s transportation startups,’ Trucks funds the entrepreneurs building the future of transportation. The new Trucks Growth Fund invests in the later rounds of our portfolio companies from the Trucks Venture Capital core funds. Trucks evaluates over 1,000 new transportation startups per year, and makes 6-8 new investments from its core seed funds every 12 months.
We are the most experienced and most invested transportation venture fund in the world. We know and love transportation and have the ability to connect with experts and leaders across the industry. At a partner level, we have unique capabilities for which we are quite proud. Jeff Schox (Partner) is the top patent attorney for early-stage startups (his firm Schox Patent Group wrote the patents for some of the most iconic startups in the last decade, including Coinbase, Cruise, Dropbox, Duo, Instagram, Joby, Plaid, and Twilio). Kathryn Schox (Partner) is a core part of our team that assesses founders, team dynamics and helps clarify messaging. She’s also a cultural anthropologist, has been at the forefront of developing team dynamics in startups and has championed greater diversity within the automotive ecosystem. Reilly Brennan (Partner) is widely followed and the now famous FoT newsletter is read by CEOs and leaders at the major car companies, banks and governments. Puneeth Meruva (Partner) is a key part of our team that helps us with technical assessment of new companies and new ideas and previously worked at Uber and BMW.
Trucks Growth Fund invests in roughly 3-6 companies on an annual basis, primarly from the best opportunities of our portfolio companies. While Truck Growth Fund will not be leading the round, we have been given preferential treatment to participate because of our strong relationship with the founders as an early (and often first) investor.
See our full note, which includes more details on our deal flow, selection process, strategy and disclosures.
See our full note, which includes more details on our deal flow, selection process, strategy and disclosures.