HOUSTON, Aug 22, 2022 /PRNewswire/ — Trusted Dispatch receives a $1,000,000 USD Partner Preferred investment led by Golden Section to drive expansion and growth. Trusted Dispatch is a leader in heavy equipment shipping software and logistics software for truck drivers and shippers in North America.
“Dusty LaValley and his team are experts in shipping heavy machinery. They know the problems faced by truck drivers and heavy equipment distributors, and they have solutions that deliver tangible value. We are fortunate to have the opportunity to work with such an effective team,” says Dougal CameronGeneral Partner at Golden Section.
“A few years ago we recognized that the trucking industry was operating in an inefficient way, and we wanted to improve that. We built Trusted Dispatch to solve these problems, and today our platform automates the complex logistics reconciliation and delivery connections needed for heavy equipment shippers and truck drivers daily” stated: Dusty LaValley, Trusted Dispatch founder and CEO. “Our customer base is growing rapidly, with thousands of commercial users around the world North America monthly use of the platform. With Golden Section’s expertise in enterprise software and track record of success, we are confident they are the right partner for this next step in our journey.”
“We are most excited about the sales efficiencies of this business – we believe Dusty can immediately turn our investment into recurring revenues. We expect aggressive growth over the next 18 months.” say Adam dayGeneral Partner at Golden Section.
Trusted Dispatch daily connects empty trucks with profitable loads through its software platform. The platform allows shippers to generate a competitive quote for their cargo, match the cargo to truck drivers who need a backhaul, then confirm and settle invoices electronically. For more information, visit www.trusteddispatch.com.
Golden Ratio is a Houston based venture capital fund investing in early stage B2B software companies at the turning point of expansion. Golden Section partners with driven entrepreneurs to build great businesses. The fund is pleased to meet entrepreneurs who have an in-depth understanding of end-customer issues and an existing product with proven traction. For more information, visit www.goldensection.com.
Calgary, AB, Canada
Josef LevensteinCMO at Golden Section
SOURCE Golden Section