MALMÖ, Sweden – YouCruit, the Swedish company transforming truck-driver recruitment, announced the successful close of a SEK 100 million funding round at a SEK 650 million pre-money valuation. The oversubscribed round was led by Coeli Capital.
The proceeds will fuel the expansion of Lanefinder—YouCruit’s marketplace for U.S. truck drivers—which already serves nearly 4,000 drivers and 5,000 carriers on a success-fee model. By digitizing driver screening and matching, Lanefinder addresses the critical shortage in the American trucking industry and streamlines hiring for fleets of all sizes.
“YouCruit’s mission is to revolutionize how truck drivers find work in the U.S.,” said Mats Holmback, CEO of YouCruit. “With this funding, we will accelerate our marketing, scale our Tulsa operations team, and enhance platform capabilities to meet surging demand.”
Looking ahead, YouCruit will deploy the capital to deepen U.S. market penetration, expand its Oklahoma base, and enrich Lanefinder’s AI-driven matching features. Pending a successful roll-out, the company intends to explore a U.S. public listing in 2022.
This marks yet another successful advisory mandate for Venero Capital Advisors–the #1 ranked international corporate finance advisory firm for businesses in HR Tech and the Future of Work. More WorkTech/HRTech companies trust Venero Capital Advisors to deliver a successful M&A transaction than any other investment bank. We are incredibly proud to be the financial advisor of choice for Future of Work businesses globally.
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