TRUCE Software has closed a Series B funding round to accelerate growth as it expands on two recently launched product suites spanning commercial vehicle fleets and K-12 schools. Financial terms were not disclosed. The round was led by Yttrium, with participation from existing institutional investors Allomer Capital Group and New Amsterdam Growth Capital.
Based in Lisle, Illinois, TRUCE focuses on transforming everyday smartphones into scalable, software-driven platforms. The company says it is building a portfolio of patented mobile technologies and launched two new suites in 2025 to expand its customer base across the United States.
TRUCE has introduced a mobile-first AI video telematics platform aimed at providing automated driver coaching for commercial vehicle fleets at approximately half the cost of traditional systems. The platform is designed to work with standard iOS and Android smartphones already available to drivers, reducing reliance on specialized in-vehicle hardware while providing real-time video capture, telematics analysis, and AI-powered coaching. The company is targeting light vehicles, which account for more than 70% of U.S. commercial vehicles.
TRUCE has launched TRUCE Family, a software-based solution for K-12 schools that reduces student cell phone distraction by automatically restricting smartphone functionality on campus according to school-defined policies. TRUCE says the product meets requirements from emerging states that are increasingly restricting phone use during class for the nation’s more than 25 million middle and high school students.
The company plans to use the new funding to expand its go-to-market efforts across both categories to support expansion of its commercial fleet and K-12 deployments.
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“We took a fundamentally different approach in both categories, reimagining the standard iOS or Android smartphone as a video telematics platform for fleets, helping schools manage phone distractions in software rather than physically separating students from their phones.For fleets used by field service, field sales, and home health organizations, we make it easier for teams to get more value from the phones their employees already carry during their workday.K-12 Now, TRUCE Family simplifies personalized phone policies tailored to your school’s needs and parents’ preferences.
Eric Hallstrom, CEO, TRUCE Software
“We are excited to continue supporting the outstanding TRUCE team. We believe TRUCE is well-positioned to disrupt traditional approaches across two large and dynamic markets: commercial fleets and K-12 schools.”
Axel Krieger, Partner at Yttrium
