Fundraising Fox

TrueNorth

YC W20

San Francisco, US · Founded 2019 · 60 employees · 11 known investors

Find your way into TrueNorth

543 people in our graph share verified history with the TrueNorth team — schools, employers, funds. One of them is your warm intro.

Garry Tanunlockedknows Sanjaya Wijeratne · together at Y Combinator (overlapped)
×8knows the team · via Y Combinator
×3knows the team · via TIBCO Software

TrueNorth operates a digital loadboard and AI-powered freight matching platform that connects brokers with vetted carriers. The platform automates load matching for brokers and dispatching for carriers, using machine learning to improve matches over time.

Also known as Honest Freight

AI & Machine LearningEnterprise SoftwareFintechLogistics & Supply ChainSaaSLogisticsUnited States of AmericaAmerica / CanadaPartly Remote

Founders & leadership· Y Combinator alumni (W20)

TrueNorth was founded in 2019 by Sanjaya Wijeratne and Jin Stedge.

SWSanjaya Wijeratne
Sanjaya WijeratneinFounderCofounder of TrueNorth, which operates a digital loadboard and AI-powered freight matching platform that connects brokers with vetted carriers.
JSJin Stedge
Jin StedgeinFounder30 Under 30 2021

Investors · 11

PJCProvidence · $500K – $1.5M
Scribble VenturesPortola Valley · $750K – $1.5M
Y CombinatorSan Francisco · $500K
137 VenturesreportedSan Francisco
Fifth Down CapitalreportedDover
GSRreportedNew York
Hyphen CapitalreportedSan Francisco
K5 GlobalreportedSan Francisco · $1M – $3M
Original CapitalreportedMiami
Tribe CapitalreportedSan Francisco · $25K – $75M

Also in the syndicate · 1

Flexport Fund

Funding

SEC filings, press & company announcements

$50M disclosed across 1 of 2 rounds · 2021–2025

Source: company announcements and press reports — follow each round's link for the claim.

In the news

TrueNorth Raises $3M to Build Domain-Specific AI for Finance By Chainwireinvesting.com · Dec 2025TrueNorth Raises $3M to Build Domain-Specific AI for Finance - Chainwirechainwire.org · Dec 2025TrueNorth Raises Strategic Angel Funding for AI Crypto Platformainvest.com · Jun 2025LoanPro Announces Strategic Minority Equity Investment in TrueNorthprnewswire.com · Aug 2023TrueNorth Raises $50M in Series B Fundingfinsmes.com · Dec 2021TrueNorth has raised $50 million from Sam Altman and others to empower independent truckers – TechCrunchtechcrunch.com · Dec 2021

Frequently asked questions

What does TrueNorth do?
TrueNorth operates a digital loadboard and AI-powered freight matching platform that connects brokers with vetted carriers. The platform automates load matching for brokers and dispatching for carriers, using machine learning to improve matches over time.
Who founded TrueNorth?
TrueNorth was founded by Sanjaya Wijeratne, Jin Stedge in 2019.
Who are TrueNorth's investors?
TrueNorth's investors include PJC, Scribble Ventures, Y Combinator, 137 Ventures, Fifth Down Capital, GSR, Hyphen Capital, K5 Global and 2 more.
How much funding has TrueNorth raised?
TrueNorth has disclosed $50M raised across 1 of its 2 known rounds.
Where is TrueNorth headquartered?
TrueNorth is headquartered in San Francisco, US.