TruKKer
A digital platform for trucking freight that connects companies with truck owners in the Gulf and the region
TruKKer is a digital trucking platform founded in Dubai in 2016 and now publicly based in Riyadh. It owns no trucks, and has raised about $170 million in equity rounds, plus debt facilities.
What does TruKKer do?
TruKKer connects companies that need freight moved with independent truck owners and small fleets through its apps. It pays carriers quickly and earns the spread between the buying and selling price on each trip. It started in Dubai with furniture moving, then expanded into corporate freight and trips between Gulf countries. It presents itself as a Riyadh-based company since about 2020, while its declared legal entities are in the UAE.
Products
A platform and app for companies to order trucks and track shipments
An app for truck owners and drivers to accept trips and receive payments
An air, sea and land freight company TruKKer launched in May 2024
Key features
- Owns no trucks, and works as a marketplace connecting shippers with carriers
- Fast payment for carriers and small truck owners
- Road freight between Gulf countries
- Shipment tracking through the app
- Founded in Dubai, and presents itself as a Riyadh-based company since about 2020, with its declared legal entities in the UAE
- Its investors include government-linked entities: STV, linked to stc; the Investcorp Saudi pre-IPO growth fund, anchored by Jada Fund of Funds, which is affiliated with the Public Investment Fund (PIF); and the UAE's ADQ and Mubadala
- It said in 2022 that it was considering an IPO within two to three years, and no IPO had taken place as of October 2026
- Its valuation has not been disclosed, and it is not a unicorn
The documentary
A shipping company that thousands of trucks move through.. and it doesn't own a single truck
Follow the channel so you don’t miss itFunding rounds
| Round | Date | Amount | Lead | Investors | Source |
|---|---|---|---|---|---|
| Trade-receivables securitisation facility (up to) (Debt financing) | May 2026 | $300M | ADCB | ADCB | Source |
| Private credit (Debt financing) | July 2025 | $15M | Ruya Partners | Ruya Partners | Source |
| Pre-IPO | September 2022 | $100M | Investcorp | Investcorp, Mubadala, Riyadh Valley Company, Reliance Group, March Holding | Source |
| Series B (equity portion, approx.) | February 2022 | $46M | ADQ, STV | ADQ, STV, Mubadala, Riyad Taqnia Fund, Shorooq | Source |
| Series B (venture debt) (Debt financing) | February 2022 | $50M | Mars Growth | Mars Growth, Partners for Growth | Source |
| Venture debt (Debt financing) | December 2020 | $10M | Partners for Growth | Partners for Growth | Source |
| Series A | November 2019 | $23M | STV | STV, IFC, Alturki Holding, Iliad Partners, Riyad Taqnia Fund, Oman Technology Fund, Shorooq, MEVP, Endeavor Catalyst | Source |
| Seed | December 2017 | $1.4M | Raed Ventures | Raed Ventures, Riyad Taqnia Fund, 500 Startups, Averroes Ventures, Arzan VC | Source |
Key investors
Founders
Common questions about TruKKer
Where was TruKKer founded?
It was founded in Dubai in 2016, and is publicly based in Riyadh today.
Does TruKKer own trucks?
No. It operates as a platform connecting companies with independent truck owners and small fleets.
How much has TruKKer raised?
About $170 million in equity rounds, including $100 million in 2022 led by Investcorp, plus separate debt facilities.
Has TruKKer gone public?
No. It spoke in 2022 about an IPO within two to three years, and none had happened as of October 2026.