- Company: Tow4Tech
- Headquarters: Coral Springs, Florida, USA
- Funding Type: Pre-Seed
- Amount Raised: $1.5 million
- Lead Investor: BrightCap Ventures
- Other Highlights: Romanian subsidiary established for European expansion
- Founders: Craig Schneider (Co-Founder & CEO)
- Industry Focus: FleetTech, SaaS, LogisticsTech, Roadside Assistance
Tow4Tech, a Florida-based SaaS platform transforming the $12B commercial fleet towing market, has secured $1.5M in pre-seed funding led by BrightCap Ventures. The capital will fuel the expansion of Tow4Tech’s national towing network, enhancement of platform features, and growth of its engineering team.
Using real-time geolocation and automated dispatching, Tow4Tech streamlines towing and roadside assistance for trucking fleets. The platform replaces outdated manual methods with a fully digital, data-driven system that reduces downtime and speeds up response times. Pilot programs have shown significant improvements in operational efficiency and return-to-road metrics.
In line with its global ambitions, Tow4Tech has also launched a Romanian development center, Tow4Technologies SRL, to tap into Eastern Europe’s tech talent and support European market entry.
Website: https://www.tow4tech.com/