RealCo Accelerator Startup Dauber Gets $1.1M for Trucking Tech

San Antonio—[Updated 6/23/17, 10:34 a.m. See Below.] Dauber, a trucking-focused app maker that’s working with the San Antonio-based RealCo startup program, has raised $1.1 million in seed funding from RealCo, angel investors, and people in the trucking industry.

Dauber makes apps that lets construction trucking companies track shipments, track and analyze data such as load information, and sign for orders digitally, all of which helps eliminate paperwork and improve logistics, according to CEO Brian Jones. The company also makes an app for the companies’ customers, which lets them track deliveries live. The software was launched earlier this year. [Updated throughout with CEO comments.]

In addition, Dauber offers advanced analytics, such as programs that monitor the efficiency of a trucking fleet and route optimization, Jones says. The company charges a fee per truck to use the app’s features. Dauber is targeting the several thousand U.S. companies that operate more than 120,000 trucks.

RealCo, which started earlier this year, is a program that lasts up to 15 months and offers startups as much as $125,000 in early operating capital in exchange for a small equity stake. Dauber was one of the first three companies to join the accelerator, and it is the first to be part of RealCo’s Seed Fund Program, according to the release.

Dauber is using the money to expand to Austin. The first $125,000 of the $1.1 million came from RealCo. Other investors in the company’s seed round include Geekdom Fund, Maroon Fund, Innovate Angel Funds, San Antonio Angel Network, Aggie Angel Network, South Coast Angel Network, and two general contractors.

Author: David Holley

David is the national correspondent at Xconomy. He has spent most of his career covering business of every kind, from breweries in Oregon to investment banks in New York. A native of the Pacific Northwest, David started his career reporting at weekly and daily newspapers, covering murder trials, city council meetings, the expanding startup tech industry in the region, and everything between. He left the West Coast to pursue business journalism in New York, first writing about biotech and then private equity at The Deal. After a stint at Bloomberg News writing about high-yield bonds and leveraged loans, David relocated from New York to Austin, TX. He graduated from Portland State University.