BlackBuck joined the Unicorn Club on Jul 22, 2021. Headquartered in Bengaluru, Karnataka, India, BlackBuck is a digital trucking marketplace connecting fleet operators with truckers and shippers.
The platform provides load management, GPS tracking, fuel management, telematics solutions, online payments, and transaction history to streamline freight logistics.
Keep reading to learn how BlackBuck scaled into a leading logistics tech unicorn.
What Is BlackBuck and What Does It Do?
Founded in 2015, BlackBuck is a digital logistics platform connecting fleet operators with truckers. It enables shippers to locate trucks, manage shipments, and access services such as load-matching, payments at toll booths and fuelling stations, GPS tracking, and telematics monitoring.
The platform helps fleet operators and shippers streamline operations, track vehicles, manage payments, and resolve disputes efficiently.
How Much Funding Has BlackBuck Raised?
1. Seed Round
- Amount Raised: $10 million
- Date: 2015–2016
- Lead Investors: Early stage investors
- Purpose: Launch digital trucking platform and onboard initial fleet operators
2. Series A Round
- Amount Raised: $20 million
- Date: 2016
- Lead Investors: Sequoia Capital India
- Purpose: Expand marketplace operations and technology
3. Series B Round
- Amount Raised: $50 million
- Date: 2018
- Lead Investors: DST Global
- Purpose: Scale fleet network and add features like GPS tracking and load management
4. Series C Round
- Amount Raised: $79 million
- Date: 2019
- Lead Investors: Wellington Management
- Purpose: Expand geographic footprint, telematics solutions, and payment infrastructure
5. Series D Round
- Amount Raised: $100 million
- Date: 2020
- Lead Investors: DST Global, Wellington Management
- Purpose: Strengthen logistics marketplace, enhance technology, and increase fleet adoption
Total Funding Raised: $359 million Latest Funding Round: Conventional Debt Latest Funding Date: Jul 18, 2022 Employee Count: 1,566 as of Aug 31, 2025
Key Investors
- Wellington Management
- Details: Global investment management firm
- Focus Areas: Technology, logistics, and high growth platforms
- DST Global
- Details: Growth stage investment firm
- Focus Areas: Logistics, SaaS, and digital marketplaces
Where Is BlackBuck’s Headquarters?
BlackBuck is headquartered in Bengaluru, Karnataka, India, supporting its operations, technology development, and logistics network management.
What’s Next for BlackBuck?
BlackBuck plans to expand its trucking marketplace, enhance telematics and fleet management tools, and scale operations across India. The company is focused on integrating advanced analytics and improving operational efficiency for fleet operators and shippers.
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