This Next Billion Dollar Startup Is Helping Truckers Get Paid Faster | Forbes

Nigerian immigrant Tobenna Arodiogbu, 31, cofounded CloudTrucks after selling self-driving car startup Scotty Labs to DoorDash in 2019. While other startups focus on digital freight, CloudTrucks, based in San Francisco, helps truckers, especially small owner-operators, manage operations. For instance, it offers insurance at a lower cost than a one- or two-man trucking operation could otherwise get. “We don’t just help them on transactions,” Arodiogbu says. “We help them generate more revenue, improve cash flow, lower costs and meet compliance, which is more challenging these days.” With 3.4 million truck drivers in the U.S., Arodiogbu, who had been a product manager at HR firm Zenefits before it crashed in 2015 and at tech-enabled real estate firm Opendoor in 2016, has bigger plans, including such tools as a no-fee credit card for truck drivers. “We have invested a lot in the software and data science to help them,” he says.
0:00 Why Truckers Are At A Disadvantage
02:19 CloudTruck's Origins And Founders
04:43 Tapping In And Listening To The Nation's Truckers
Read the full story and learn more about the Next Billion Dollar Startup honorees on Forbes: www.forbes.com/sites/amyfeldm...
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[@Chid098]

🇳🇬 💪🏾 boys at it again. Love to see it

[@MrObrienneil]

This will change the game best believe 💪💪

[@chiefo_azubike]

Second guy from Nigeria after Tope Awotena, kudos Forbes.

[@jeffREYstancht]

This is awesome I recently obtained my authority and started my own logistics company I’m looking into their products now

[@JuneBugginTrucking]

If you have your own authority then you won't need them. Technically, you would be driving your truck under their authority. Essentially you would be utilizing them for your loads and quick pay and insurance and the trailers that they have. There's a cost for all of that though. How do I know? I've already called them and looked into it.
If your insurance is too high, and if you're having issues booking loads, and you need a trailer and lastly you want to get paid right after you deliver your load, then this company might be a good fit for you. The only thing I don’t like about this company is that they only do Dry Van, they don’t do Reefer loads.

[@lifeofdaceo3117]

9ja to the world

[@ezichiebere1384]

George Ezenna nwafor Igbo. Chineke gòzie gi. Igbo to the world

[@ugochukwuikegbunem3972]

Nigeria to the world

[@chrisekigbo7748]

All the best guys!

[@jasoncummings7052]

An inspiration.

[@MotivatedI]

Great stuff.

[@Pernection]

I have thought about something like this

[@adeoluwaadegboye7106]

Of course the cofounders are Nigerian 🙌🏼🙌🏼

[@chiefo_azubike]

Second after Tope Awotena

[@kamaliddinsattorov7493]

Disruption is coming for Trucking industry. Thats cool

[@ditirojimmysegang3009]

What's with that background drumming?🙄

[@ghkabal]

Mc number is bad