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Recently Funded|Amount: USD 2.5M|Industry: Software Development

Double Nickel Secures $2.5M Seed Funding to Revolutionize CDL Driver Recruitment with AI

Double Nickel

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2-10 employees employees (Est.)
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Double Nickel, a Brooklyn-based innovator reshaping the logistics recruitment landscape, has successfully raised $2,500,000 in its latest funding round. The company is at the forefront of addressing one of the industry's critical challenges: recruiting qualified CDL drivers. With industry turnover rates exceeding 100% and over $20 billion spent annually on driver hiring, Double Nickel’s AI-enabled platform automates and streamlines the recruitment process—from sourcing to compliance—substantially reducing both time-to-hire and cost-per-hire. This significant injection of capital will accelerate product development, expand operational capabilities, and bolster strategic market expansion initiatives, enabling the company to serve trucking businesses nationwide even more effectively. By leveraging cutting-edge technology, Double Nickel ensures that trucking companies can quickly and accurately find the right talent, which in turn helps reduce operational costs and maintain a competitive edge in an ever-evolving marketplace. Beyond improving recruitment efficiency, the company is committed to fostering transparency and engagement among drivers, making the hiring journey seamless and more rewarding. The new funding will support the ongoing enhancement of the platform’s AI capabilities, ensuring that it remains a vital tool for both companies and drivers by simplifying workforce management and bridging gaps in communication and efficiency. This successful funding round not only validates Double Nickel’s innovative approach but also marks a pivotal milestone in its mission to revolutionize a fragmented and cost-intensive hiring process. As the company continues to push the boundaries in logistics recruitment, its commitment to empowering trucking companies and drivers alike remains stronger than ever, paving the way for a more efficient, transparent, and sustainable industry future.
June 1, 2025

Buying Signals & Intent

Our AI suggests Double Nickel may be interested in solutions related to:

  • Driver Recruitment Services
  • AI Solutions for Hiring
  • Compliance Management Tools
  • Cost Reduction Strategies
  • Recruitment Marketing Services

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