CHICAGO, September 21, 2023 — Better Trucks is honored to be listed among the FreightTech 100 from FreightWaves for the first time.
The annual list announced this week spotlights the most innovative companies in the freight technology sector. Based on information from nearly 900 nominations, a panel of journalists, analysts, and experts chosen by FreightWaves narrowed the field down to the top 100 companies.
“We’re building an open technology platform from the first to the last scan to improve the experience for shippers and customers alike,” said Mike Koleno, Better Trucks chief technology officer. “It’s an honor to be listed with these other innovative companies. It’s a testament to our dedicated team that continually introduces new ideas and delivers the technology to bring them to life.”
Venture 53 is an early investor in Better Trucks. The early-stage, pure-play supply chain, and logistics-focused venture capital firm boast 6 portfolio companies on this year’s FreightTech 100 list.
“Recognition on the FreightTech 100 is affirmation that our portfolio companies like Better Trucks are changing the future of transportation and logistics,” said Venture 53 co-founder and industry veteran, Pat Martin. “We invest in growth companies using a proprietary formula to identify the most promising disrupters across 5 industry segments. Only integrated technology will shore up the age-old issues of supply chain efficiency”.
This announcement sets the stage for the FreightTech 25, which will be revealed in November at the F3: Future of Freight Festival in Chattanooga, Tennessee.
About Better Trucks
Better Trucks is a technology-driven, last-mile delivery carrier built for the now-or-never economy. It was founded in 2019 to deliver better experiences for retailers, eCommerce firms, and fulfillment centers to ship parcels faster with clearer communication and better overall value.
Specializing in next-day and two-day deliveries, Better Trucks sorts and labels packages within its strategically placed warehouses and delivered through its extensive driver network.
For Better Trucks
Venture 53 is a pure-play early-stage investment firm focused solely on solving the problems plaguing supply chain and logistics. The firm invests across 5 supply chain verticals and utilizes said investments to accelerate 3 business areas: sales, marketing and technology. Venture 53 is based in Richmond, VA, and Atlanta, GA.