Comment on Fluid Truck, which raised $80M from investors, is sold for $10M

Fluid Truck, which raised $80M from investors, is sold for $10M

Fluid Truck, whose vehicle rental app made it a darling among Denver startups before post-pandemic overexpansion put it on a path to insolvency, will be sold. This week’s sale to Kingbee Rentals, a similar company in the Salt Lake City suburbs, allows Kingbee to acquire Fluid’s technology and its 100-plus employees.

 

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