Truck matchmaker GeTruck plans TASE IPO

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GeTruck has algorithms well linking companies needing vehicles to move providers all through Israel.


The stream of startups looking for to boost cash on the Tel Aviv Inventory Alternate (IPO) has slowed however there are nonetheless early stage corporations planning an IPO. Sources inform “Globes” that GeTruck, which has algorithms well linking companies needing vehicles to move providers all through Israel, is looking for to boost NIS 17 million, at an organization valuation of NIS 60 million, earlier than cash. The IPO is being led by underwriting firm Orion.

Based on IVC, GeTruck was based in 2019 by entrepreneurs CEO Rom Grinfeld, CTO Leonid Schnaiderman and COO Eliran Mesika. The corporate has raised $500,000 to this point in a seed spherical from non-public traders together with Avi Goldfinger, Avi Tsur, Omri Meliches, Hub Quantum the Taavura-Livnat accelerator and HLabs.

Amongst corporations utilizing GeTruck’s providers, in response to its web site, are Shufersal, IceCure, Delek, and Walla! Retailers. The corporate had income of NIS 2 million final yr and expects main progress in 2022.

Printed by Globes, Israel enterprise information – en.globes.co.il – on March 22, 2022.

© Copyright of Globes Writer Itonut (1983) Ltd., 2022.



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