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§ Private Profile · Toronto, Canada
Rose Rocket is ERP software for trucking companies.
Rose Rocket is a modern Transportation Management System.
We help transportation companies move and process online instead of over the phone or email.
Rose Rocket has raised $63.0M across 2 funding rounds.
Key people at Rose Rocket.
Rose Rocket was founded in 2015 by Justin Sky (Founder/CEO) and Alexander Luksidadi (Founder/CTO).
Rose Rocket has raised $63.0M in total across 2 funding rounds.
Rose Rocket has raised $63.0M across 2 funding rounds. Most recently, it raised $38.0M Series B in June 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jun 1, 2023 | $38M Series B | Scale Venture Partners | Baseline Ventures, Berkeley Angel Network, Canaan Partners, Root Ventures, Shine Capital, Social Capital, TET Ventures, Addition Capital, FundersClub, Scale UP Ventures, Y Combinator | Announced |
| Oct 1, 2021 | $25M Series A | Shine Capital, LEE Fixel | Addition, Afore Capital, Banana Capital, SNR, Social Capital, TET Ventures, Immad Akhund, William Hockey, Kevin Mahaffey | Announced |
Key people at Rose Rocket.
Rose Rocket is a modern, cloud-based Transportation Management System (TMS) and ERP software designed specifically for trucking companies, freight brokers, and third-party logistics (3PL) providers. It digitizes and streamlines complex logistics workflows—such as order entry, dispatch, billing, and customer communication—into a single platform, improving operational efficiency, reducing errors, and enhancing visibility across the supply chain[1][2][6]. The platform serves companies of all sizes across North America, particularly in the U.S. and Canada, helping them transition from manual, phone- and email-based processes to automated, real-time management of freight operations[1][5].
Founded in 2015 by Justin Sky (CEO) and Alexander Luksidadi (CTO), Rose Rocket emerged from the founders’ recognition of the trucking industry’s reliance on outdated communication methods and fragmented software tools[5]. The idea was to create an integrated, cloud-native platform that could unify the entire freight lifecycle—from quoting to cash collection—while enabling collaboration across carriers, brokers, and shippers. Early traction came from addressing the critical need for digital transformation in trucking logistics, leading to rapid adoption and subsequent funding rounds, including a $38 million raise in 2023 to scale its business[5][7].
Rose Rocket rides the wave of digital transformation in the logistics and transportation sector, a market increasingly driven by demands for efficiency, transparency, and automation. The timing is favorable due to rising e-commerce volumes, supply chain complexities, and the trucking industry's historical under-digitization. By providing a cloud-native, AI-enhanced ERP solution tailored to trucking, Rose Rocket helps modernize an essential but traditionally fragmented industry. Its open architecture and integrations foster a collaborative ecosystem among carriers, brokers, and shippers, influencing broader supply chain digitization trends[1][6].
Looking ahead, Rose Rocket is positioned to deepen its AI capabilities and expand its platform’s reach within North America and potentially beyond. Trends such as increased automation, data-driven decision-making, and tighter integration of freight networks will shape its evolution. The company’s recent acquisition of email-reading technology signals a commitment to enhancing intelligent automation. As logistics continues to digitize, Rose Rocket’s influence is likely to grow, helping trucking companies scale efficiently while adapting to evolving market demands[7][6]. This trajectory ties back to its founding mission: transforming trucking operations from manual, fragmented processes into seamless, automated networks that keep commerce moving.
Rose Rocket was founded in 2015 by Justin Sky (Founder/CEO) and Alexander Luksidadi (Founder/CTO).
Rose Rocket has raised $63.0M in total across 2 funding rounds.
Rose Rocket's investors include Scale Venture Partners, Baseline Ventures, Berkeley Angel Network, Canaan Partners, Root Ventures, Shine Capital, Social Capital, Tet Ventures, Addition Capital, FundersClub, Scale-Up Ventures, Y Combinator.