C
Class8
Network of ELD load boards connecting 126K drivers with 3PLs, automating spot market coverage and providing real-time load visibility
About Class8
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.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2015
- Headquarters
- Toronto, Canada
- Employees
- 34
- Open positions
- None listed
- Dealroom signal
- 73.8/100
- Industry
- Transportation
- Sub-industry
- Search, Buy & Rent, Logistics & Delivery
- Sector
- Transportation, Spinout
- Technology
- Artificial Intelligence, Big Data, Machine Learning
- Business model
- Marketplace & ecommerce
- Client focus
- b2b
Knowledge graph
More headlines
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 | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
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.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed9 investors entered at this stage
Ontario Centre of Innovation
Panache Ventures
Newark Venture Partners
Inspired Capital
Basecamp Fund
Hike Ventures
BCF Ventures
Resolute Ventures
Brian Thomas
Series A6 investors entered at this stage
Pegasus Tech Ventures
Good News Ventures- GVGambit Ventures
Joinbeyond
Xplorer Capital
Commerce Ventures
Series B and later1 investor entered at this stage
EnerTech Capital
Other known investors5 additional known investors
University of Toronto
Alumni Ventures
Cogito
Creative Destruction Lab
Plug and Play
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Class8 on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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