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TRUCE Software Closes Series B Funding

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TRUCE Software Closes Series B Funding

TRUCE Software, a Lisle, IL-based company that develops mobile technology for school and at home, has raised an undisclosed amount in a funding round led by Yttrium.

The round also saw participation from existing institutional investors, including Allomer Capital Group and New Amsterdam Growth Capital.

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The company plans to use the funds to expand marketing and sales for its two new product suites, which serve commercial vehicle fleets and K-12 schools.

TRUCE launched a mobile-first AI video telematics platform that allows automated driver coaching at about half the cost of traditional systems. Using standard iOS and Android smartphones already given to drivers reduces the need for special in-vehicle hardware while offering real-time video, telematics analysis, and AI-driven coaching. This makes advanced video telematics accessible for many light-duty fleets, which make up over 70% of U.S. commercial vehicles.

In 2025, TRUCE Software used its patented mobile technology to launch two new product suites and expand its customer base nationwide.

For K-12 schools, TRUCE introduced TRUCE Family, a software solution that helps reduce student phone distractions. The platform automatically restricts smartphone use on campus in accordance with school rules, supporting new state laws that limit phone use for over 25 million middle and high school students across the U.S.

“We’ve taken a different approach in both areas—turning standard iOS and Android smartphones into video telematics tools for fleets and helping schools control phone distractions through software rather than taking phones away from students,” said Erik Hällström, CEO of TRUCE Software.

“For fleets in field service, sales, and home health, we help teams get more value from the phones employees already use. In K-12 schools, TRUCE Family makes it easy to set personalized phone rules that meet both school and parent needs.”

“We’re excited to keep supporting the outstanding TRUCE team,” said Axel Krieger, Partner at Yttrium. “We believe TRUCE is ready to transform traditional approaches in two big, fast changing markets: commercial fleets and K-12 schools.”

About TRUCE Software

Founded in 2009 by CEO Erik Hällström, TRUCE Software creates mobile technology to boost focus, productivity and safety at work, on the road, in school, and at home. Its mobile first platforms use patented technology to deliver scalable, software-based solutions rather than relying on specialized hardware.

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