Outpost, an Austin, Texas-based trucking parking facility operator that has an engineering center in Seattle, announced a $12.5 million Series A investment round.
The company was founded two years ago under the name Semi-Stow. It operates 18 properties and 8,000 parking spaces, and also runs a brokerage business to help trucking companies find secure parking.
Outpost’s software platform lets trucking companies book and manage reservations online; manage driver access to facilities; monitor equipment via video feeds; and get detailed reports on usage.
GreenPoint Partners led the Series A round.
“Real estate has traditionally been an operational constraint and capital liability for trucking companies — Outpost is turning it into a competitive advantage and a degree of freedom,” Chris Green, founder and CEO of GreenPoint, said in a statement.
Outpost has about 10 employees working in Seattle on product and engineering functions at an office in the Fremont neighborhood. The company is led by CEO Trent Cameron, who previously worked at Salesforce, Workrise, and Spiceworks.
