TRUCE® Software Secures Series B Funding to Accelerate Growth

This section is Partnership Content suppliedThe content in this section is supplied by Business Wire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by Business Wire Article contentInvestment fuels expansion of mobile-first AI video telematics and ed-tech solutionsSign In or Create an AccountEmail AddressContinueor View more offersArticle contentLISLE, Ill. — TRUCE® Software today announced the closing of its Series B funding round. Financial terms of the transaction were not disclosed.Article contentWe apologize, but this video has failed to load.Try refreshing your browser, ortap here to see other videos from our team.Article contentThe round was led by Yttrium, with participation from other existing institutional investors, including Allomer Capital Group and New Amsterdam Growth Capital. The company will use the new funding to scale go-to-market efforts for its two recently launched product suites serving commercial vehicle fleets and K-12 schools.Article contentArticle contentIn 2025, TRUCE Software built on its extensive portfolio of patented mobile technology to launch two new product suites and establish a growing customer base across the United States.Article contentTop StoriesGet the latest headlines, breaking news and columns.There was an error, please provide a valid email address.Sign UpBy signing up you consent to receive the above newsletter from Postmedia Network Inc.Thanks for signing up!A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againInterested in more newsletters? Browse here.Article contentFor commercial vehicle fleets, TRUCE introduced a mobile-first AI video telematics platform that enables scalable, automated driver coaching at approximately half the cost of traditional systems. By running on standard iOS and Android smartphones already issued to drivers, the platform limits the need for specialized in-vehicle hardware while providing real-time video capture, telematics analysis, and AI-powered coaching. This approach makes advanced video telematics practical for a broad range of light-duty fleets, which account for more than 70% of U.S. commercial vehicles.Article contentFor K-12 schools, TRUCE launched TRUCE Family, a software-based solution designed to reduce student phone distractions. The platform automatically limits smartphone functionality on campus based on school-defined policies, aligning with emerging state requirements that increasingly restrict phone use during the school day for more than 25 million middle and high school students nationwide.Article content“We’ve taken a fundamentally different approach in both categories, reimagining a standard iOS or Android smartphone as a video telematics platform for fleets and helping schools manage phone distractions with software instead of physically separating students from their phones,” said Erik Hällström, CEO of TRUCE Software. “For fleets used by field service, field sales, and home health organizations, we make it easy for teams to get more value from the phones employees already carry throughout the workday. In K-12, TRUCE Family simplifies individualized phone policies that fit school needs and parent preferences.”Article content“We’re excited to continue supporting the exceptional TRUCE team,” said Axel Krieger, Partner at Yttrium. “We believe TRUCE is well positioned to disrupt legacy approaches across two large, dynamic markets: commercial fleets and K-12 schools.”Article contentAbout TRUCE SoftwareArticle contentTRUCE Software develops mobile technology designed to improve focus, productivity, and safety on the road, at work, at school, and at home. The company’s mobile-first platforms leverage patented technology to replace solutions dependent on proprietary hardware with scalable, software-driven alternatives. For more information, visit https://trucesoftware.com/.Article contentArticle contentArticle contentArticle contentView source version on businesswire.com: Article content https://www.businesswire.com/news/home/20260212807769/en/Article contentArticle contentContactsArticle contentMedia Contact Article contentArticle contentJeff FennerArticle contentArticle contentB CommunicationsArticle contentArticle content440.525.1840 /Article contentjfenner@b-communications.comArticle content#distroArticle contentTrending Telus picks former CIBC CEO Victor Dodig to replace Entwistle at helm Telecom Russia memo sees return to U.S. dollar system in pitch made for Trump Economy David Rosenberg: Memo to Mark Carney: Don’t bring a butter knife to an economic gun fight Economy Posthaste: Why Canada's job market is in a lot worse shape than you think News Telus Picks Former Bank Chief Dodig to Replace Longtime CEO PMN Business Share this article in your social networkCommentsYou must be logged in to join the discussion or read more comments.Create an AccountSign in Join the Conversation Postmedia is committed to maintaining a lively but civil forum for discussion. 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