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, a Boston-area startup focused on modernizing the heavy construction industry鈥檚 approach to transportation management, has raised $30 million in Series B funding.

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and co-led the investment, which brings HaulHub鈥檚 total raised to $35 million since its 2015 inception. led its $5 million in November 2018.

told last year that he started the company to meet his own needs as a construction company owner.

Specifically, Spinellli told the Globe that he didn鈥檛 found HaulHub for 鈥渢he glitz and fame of starting a tech company.鈥� Instead, as an executive at R. Bates & Sons Construction, he 鈥渘eeded it鈥� for his business.

So, what does HaulHub do exactly? Well, the Globe described it as a sort of 鈥淯ber for dump trucks.鈥�

But according to the company, it goes beyond that. In its own words, HaulHub says its cloud-based SaaS transportation solution increases 鈥渢he capacity, efficiency and transparency of material deliveries for producers, contractors and carriers nationwide.鈥� In other words, the company鈥檚 goal is to improve the way materials are delivered, capital assets are deployed, shifts are scheduled, inventory is managed and crews are hired. It does that by helping heavy construction companies 鈥渞un lean鈥� with technology.

鈥淲e power transportation, digital and electronic ticketing for producers, contractors, and carriers at thousands of jobsites and plants nationwide,鈥� HaulHub said in a statement.

Spinelli told the Globe that he had started out by creating a database of all the haulers his construction company worked with, along with their mobile phone numbers. He was impressed with the immediate and intense interest.

HaulHub makes money by taking a cut from each trip it helps facilitate as well as by licensing software to help streamline interactions between material producers, haulers, and builders.

Investors weigh in

, CIO of , believes the construction industry is at the tipping point of a digital transformation process. (We鈥檝e covered various aspects of this sector extensively here, here and here.)

鈥淲e believe HaulHub has the right team, technology and market experience to create value for its customers, partners and team and build a much larger business,鈥� Ellenbogen said in a written statement.

To T. Rowe Price鈥檚 Andrew Davis, HaulHub has tapped into a real and pervasive need in one of the world鈥檚 fastest-growing markets.

The company says the new capital will go toward the hiring of engineers and to expand the capabilities of its transportation management platform. It told the Boston Business Journal that it intends to of 30 with the new capital.

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