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.

BING NEWS:
  • Fluid Truck, which raised $80M from investors, is sold for $10M
    The settlement calls for Fluid to pay vehicle owners $1.2 million in sale proceeds and $1.8 million from insurance claims.
    12/18/2024 - 9:00 am | View Link
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