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Truck matchmaker GeTruck plans TASE IPO

by Shai Shalev
March 23, 2022
in Business
Reading Time: 2 mins read
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GeTruck has algorithms neatly linking companies needing vehicles to move companies all through Israel.


The stream of startups searching for to lift 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 neatly linking companies needing vehicles to move companies all through Israel, is searching for to lift NIS 17 million, at an organization valuation of NIS 60 million, earlier than cash. The IPO is being led by underwriting firm Orion.

In keeping with IVC, GeTruck was based in 2019 by entrepreneurs CEO Rom Grinfeld, CTO Leonid Schnaiderman and COO Eliran Mesika. The corporate has raised $500,000 thus far in a seed spherical from personal buyers together with Avi Goldfinger, Avi Tsur, Omri Meliches, Hub Quantum the Taavura-Livnat accelerator and HLabs.

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

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

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



GeTruck Photo: Company website

GeTruck Photograph: Firm web site



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