C
Class8
Transportation · Toronto, Canada · Founded 2015
Network of ELD load boards connecting 126K drivers with 3PLs, automating spot market coverage and providing real-time load visibility MoreLess
FleetOps operates within the logistics and transportation sector, focusing on enhancing the efficiency of freight matching for third-party logistics providers (3PLs) across North America. The company leverages a network of electronic logging device (ELD) load boards, which are integrated into leading ELD solutions, to connect with a vast pool of 126,000 drivers. This integration allows FleetOps to offer real-time visibility on load status and automate the freight booking process, thereby streamlining operations for brokerages. The business model is transaction-based, where FleetOps charges brokerages a fee upon successfully matching them with drivers. By aggregating data from eight major telematics providers, FleetOps provides unique market insights and ensures reliable coverage by verifying truck availability in real-time. The platform also automates carrier vetting, embedding client-specific requirements into the booking process to ensure compliance. FleetOps serves 3PLs and brokerages looking to optimize their logistics operations and gain a competitive edge in the spot market. Keywords: logistics, transportation, freight matching, ELD, 3PLs, brokerages, real-time visibility, telematics, spot market, automation.
Company overview
Class8 company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2015
- Headquarters
- Toronto, Canada
- Employees
- 34
- Open positions
- None listed
- Dealroom signal
- 73.8
Valuation & funding
Class8 funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VC✓Equity / VC | Aug 2026 | $0 | — | EnerTech Capital | ↗ |
| SERIES A✓Equity / VC | Nov 2024 | $22M | $88M | Resolute Ventures · Xplorer Capital · Commerce Ventures · Inspired Capital | ↗ |
| SERIES AEquity / VC | Aug 2022 | $0 | — | Joinbeyond | — |
| SEED✓Equity / VC | Aug 2020 | $4.4M | $18M | Newark Venture Partners · Inspired Capital · Basecamp Fund · Hike Ventures | ↗ |
| SEED✓Equity / VC | Sep 2018 | $0 | — | Pegasus Tech Ventures · Panache Ventures | — |
| CONVERTIBLE✓Equity / VC | May 2018 | Gambit Ventures | — | ||
| GRANTOther financing | Oct 2017 | Undisclosed | — | ||
| EARLY VCEquity / VC | May 2017 | Pegasus Tech Ventures · Good News Ventures | — | ||
| GRANTOther financing | Sep 2016 | Ontario Centre of Innovation | — | ||
| SEEDEquity / VC | Jan 2016 | Undisclosed | — |
Financials
Revenue and workforce over time
Available revenue and workforce history. Fields without reported data are omitted.
| Year | Revenue | Growth | Employees |
|---|---|---|---|
| 2026 | $3M | 0% | 33 |
| 2025 | $3M | 0% | 34 |
| 2024 | $3M | 0% | 29 |
| 2023 | $3M | +7.1% | 27 |
| 2022 | $2.8M | +21.7% | 35 |
| 2021 | $2.3M | +96.6% | 33 |
| 2020 | $1.2M | — | 18 |
Growth signals
Class8 website traffic
Latest recorded traffic for Class8 is 3.2K monthly website visits, up 392.3% over the last three months. Class8's team grew 0% over the past year.
Comparisons
Class8 compared with similar companies
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Talent graph
Class8's talent
Source: Dealroom Talent Intelligence.
Investors
21 investors on Class8's cap table
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Global footprint
Where Class8 has talent and traffic
team presence
In the news
Latest news about Class8
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Market sentiment
What the market is saying about Class8
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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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