Category Visionaries Gabor Balogh, CEO of Trucksters: $21 Million Raised to Build the Future of Long Haul Trucking
Oct 12, 2022
19:13
Welcome to another episode of Category Visionaries — the show that explores GTM stories from tech's most innovative B2B founders. In today's episode, we're speaking with Gabor Balogh, CEO & Founder of Trucksters, a long haul transportation startup that's raised over $20 Million in funding.
Here are the most interesting points from our conversation:
- Background and Inspiration: Gabor's international upbringing and early entrepreneurial ventures with college friends led to the creation of Trucksters, driven by a desire to innovate in the transportation sector.
- Business Model: Trucksters offers an "ultra express" transportation service using a relay system, reducing delivery times from days to hours by switching truck heads at designated points.
- Value Propositions: Speed, safety, visibility, and robustness are the key benefits Trucksters offers to multinational companies, particularly in textile, perishable food, electronics, and e-commerce sectors.
- Market Landscape: The European long haul trucking market is highly fragmented, lacking digital processes, and facing a driver shortage, which Trucksters aims to address with its innovative relay system.
- Growth and Expansion: Since its founding in 2018, Trucksters has grown to €20 million in annual revenue, with plans to expand its corridor strategy throughout Europe and potentially to the US and Latin America.
- Future of Trucking: Gabor discusses the importance of environmental sustainability and the role of relays in integrating electric and autonomous trucks into long haul transportation.
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