Vector

An assessment of carrier technology trends

Vector, a startup that digitizes back office operations for trucking companies, discovers a higher purpose as customers seek touchless solutions during the COVID-19 outbreak.

“Truck driving is a thankless job. NEXT builds tools for these people so they can love their job and love their life,” said John Papageorgiou, senior product manager.

A digital logistics startup that helps trucking companies automate workflow has raised $10 million in a Series A round led by Goldcrest Capital and 8VC.

Vector is digitizing the trucking sector by extracting information that is offline and moving it online.

Vector helps streamline trucking operations by digitizing paperwork and assists carriers and shippers in expediting workflow communication.

In the last round of live technology demonstrations at MarketWaves 18, companies showed off products that automated document imaging and processing, matching loads to trucks, financing the supply chain, and creating price discovery for air cargo.