On August 5, 2020, Toronto-based FleetOps raised $6 million in seed funding. The round was co-led by Inspired Capital and Resolute Ventures, along with Hike Ventures, Basecamp Fund, Newark Venture Partners, BCF Ventures, Panache Ventures and Brian Thomas.

FleetOps is a freight marketplace that matches truck drivers with shipment opportunities using vehicle data and AI.

Newark Venture Partners is an early-stage venture capital fund that invests in B2B technology companies.

Gowling WLG advised Newark Venture Partners with respect to its investment with a team that included Ian Palm and Joseph McDonald.