Rose Rocket Raises $38M Series B for Trucking TMS

Rose Rocket Expands Trucking TMS Platform

Rose Rocket has raised $38 million in a Series B and acquired Centro, expanding its Transportation Management System (TMS) platform for the trucking and logistics industry. The combined funding and acquisition accelerate the company's goal of becoming the operating system for North American trucking operations.

Modernizing Trucking Operations

The trucking industry generates over $800 billion in annual revenue in North America alone, yet much of it still runs on outdated software, spreadsheets, and paper-based processes. Rose Rocket's TMS platform provides a modern, cloud-based system for managing dispatch, load planning, customer communication, and billing. The Centro acquisition adds complementary capabilities that strengthen the platform's end-to-end value proposition for trucking companies of all sizes.

The Logistics Tech Consolidation Opportunity

The trucking TMS market is highly fragmented, with hundreds of small vendors serving specific niches. Rose Rocket's strategy of building a comprehensive platform while acquiring complementary solutions (like Centro) positions the company to become the consolidator in this space. For trucking companies, a unified platform that handles the complete operational workflow is significantly more valuable than a patchwork of point solutions.