Truckstop.com Announces Strategic Investment by ICONIQ Capital
Dear Truckstop.com Community,
Today, I am humbled to share an exciting announcement from our headquarters in New Plymouth, Idaho.
Truckstop.com has taken on a strategic investment from ICONIQ Capital, a leading technology investment firm that partners with exceptional leaders and entrepreneurs to effect global impact and change.
As part of the transaction, ICONIQ Capital has become Truckstop.com’s majority shareholder. Truckstop.com’s founder, Scott Moscrip, and its existing management team, will maintain a significant ownership in the company.
You may be wondering: how does this affect me and my business?
You, our customer, remain our top priority. We will continue to provide you with innovative technology solutions to grow your business. This investment allows us to focus on improving your experience and expanding our product portfolio for carriers and brokers alike.
ICONIQ is a partner with a deep passion for product excellence and innovation, as well as an exceptional cultural fit. They believe in our roadmap and join us to simplify the freight lifecycle for carriers and brokers. We are excited for the next chapter of growth, and look forward to the guidance, support, and knowledge that ICONIQ—and their impressive network—brings to Truckstop.com.
Without the hard work of our team, and the loyalty of our customers, this wouldn’t be possible.
So, thank you.
View the full press release here.
Paris Cole, CEO