Aperia Technologies Secures Funding to Accelerate Growth

Aperia’s Halo Tire Inflator technology helps truck makers and fleet managers operate safer and more efficient vehicles

Aperia Technologies Inc. supplier of tire management technologies that improve the safety and efficiency of commercial vehicles, today announced a $36 million Series C1 investment led by new investors Blackhorn Ventures and Tenfore Holdings, with significant participation from existing investors.

 “Aperia is better positioned now more than ever before to continue its mission to make transportation safer and more efficient,” said Josh Carter, CEO of Aperia Technologies. “This capital will help Aperia scale its recently introduced Halo Connect tire analytics platform, expand into new global markets, and enable the continued progression toward a connected and autonomous future.”

Aperia has won the trust of some of the most prominent commercial vehicle fleets across the United States with its flagship Halo® Tire Inflator technology. The recent introduction of Halo Connect utilizes proprietary algorithms trained over more than half a decade and a billion miles to sense and detect tire health issues before they become severe. When used together fleets can virtually eliminate unplanned tire-related downtime and CO2 emissions caused by tire under-inflation.

“With its Halo Tire Inflator technology, Aperia has created a unique solution that can help truck makers and fleet managers operate safer and more efficient vehicles,” said Dan Levine, Managing Partner at Tenfore Holdings. “Aperia’s sensors and software provide various types of data that have heretofore been largely inaccessible. Opening up insights from this data can allow trucking companies, tire manufacturers, and other auto parts makers to accelerate the shift to connected vehicles and predictive maintenance.”

According to the Environmental Protection Agency (EPA), transportation is the nation’s largest producer of greenhouse gas emissions, and within this sector heavy-trucks are the second largest and fastest growing segment in terms of emissions and energy use. Aperia has been initially focused on delivering environmental innovation to the commercial trucking space, with opportunity to adapt its technology across broader vehicle segments.

“Aperia’s focus on delivering solutions for the transportation sector, that deliver both a strong return on investment for their customers and positive externalities, is strongly aligned with our investment strategy,” said Trevor Zimmerman, Managing Partner of Blackhorn Ventures. “Blackhorn invests in visionary companies leveraging breakthroughs in engineering and innovative business models to drive new standards of efficiency in industrial sectors – that’s exactly what Aperia is doing.”

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