What is MT Select?
MT Select operates an exclusive Independent Contractor program designed to support CDL-A truck drivers. The program offers lease purchase and straight lease options through two lease partners, provides 53 trailers at no cost, and guarantees 100% fuel surcharge with earnings up to 70% of every freight bill. MT Select aims to facilitate success for independent contractors in the trucking industry, emphasizing comprehensive support throughout their careers.
How much funding has MT Select raised?
MT Select has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in MT Select
PPP
Public-Private Partnership
What's next for MT Select?
With a significant late-stage funding context, MT Select is poised for strategic expansion and enhanced operational capabilities. The recent major strategic investment suggests a focus on scaling its contractor support services and potentially broadening its network of lease partners and available trailers. This capital infusion is expected to strengthen its market presence and further solidify its offerings within the competitive logistics and transportation landscape, aiming to attract more independent drivers to its platform.
See full MT Select company page
