BigRoad - A Fleet Complete Company has secured $761,000 in new funding from investors. This capital infusion marks a significant development for the company, which has provided industry-leading hours-of-service (HOS) and electronic logging device (ELD) mandate compliance solutions to the North American transportation industry since 2011.
The company's innovative and easy-to-use solutions are currently relied upon by over 500,000 drivers and 40,000 fleets. These offerings are designed to improve operational efficiency, reduce costs, and ensure regulatory adherence across the sector. BigRoad's product portfolio includes the widely adopted BigRoad Mobile App electronic logbook, which has garnered over 480,000 downloads on Android and iOS devices, the BigRoad Web App for comprehensive fleet management with real-time visibility, and the DashLink ELD, a simple, affordable, and flexible plug-and-play device for ELD rule compliance.
This funding round is expected to significantly bolster BigRoad's strategic initiatives. The company plans to allocate the capital towards accelerating its product development roadmap, enhancing its existing suite of compliance and management tools, and expanding its market presence within the North American transportation landscape. This investment will support BigRoad's mission to continuously deliver innovative solutions that meet the evolving demands of the industry.
The secured investment underscores BigRoad's commitment to supporting both owner-operators and large fleets with robust compliance technology. Looking ahead, BigRoad - A Fleet Complete Company aims to leverage this funding to further solidify its leadership in the HOS and ELD compliance market, driving continued growth and innovation for its extensive user base.
