Trucksters announced raising €900k from The Valley Venture Capital and angel investors from Spain.

Trucksters, a Madrid, Spain-based SAAS developer for shippers, transportation companies and drivers, announced securing a funding round of €900k ($1M).

The money was raised from a range of new and existing investors, including The Valley Venture Capital, Axel Springer & Porsche (APX), Big Sur Ventures , Metavallon and Spanish angel investors Bernd Hullerum, Elena Zalbidea, Ángel Mayoral, Telmo Pérez, David Palau, Mario Vicente, Carlos Severino and Sacha Michaud.

Trucksters, founded in 2018 by Luis Bardají (CEO), Gabor Balogh and Ramón Castro, developed a SaaS platform for shippers, transportation companies and drivers, that solves important problems related to long-haul trucking routes. The company reduces long-distance trucking delivery times by up to 50% by allowing trucks to be continuously on the move through relays.