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truQ

Operating

Digital logistics and financing platform connecting businesses and individuals to nearby vehicles and small-scale transporters in Nigeria.

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Total raised
$100K
disclosed
Last round
$100K
Grant · Sep 2025
Rounds
2
Investors
2
listed

About truQ

truQ is a Lagos-based logistics-fintech platform that lets businesses and individuals find nearby vehicles for moving goods and deliveries, and gives small-scale transporters trip logging, payment tracking, access to loans and invoice financing, and discounted operating services. Company-reported figures (Disrupt Africa, 10 October 2025): about US$470,000 raised, active in five Nigerian cities, 3,000 transporters onboarded.

truQ funding2 rounds

All 2 rounds →

truQ has raised $100K across 2 rounds. The latest is a $100K Grant announced 19 Sep 2025, led by FINCA Ventures.

Who has invested in truQ

RoundAmount
truQ Grant19 Sep 2025
Led by FINCA Ventures
$100K
truQ Grant20 Jun 2023
Led by Google for Startups Black Founders Fund Africa
Not disclosed

truQ founders & team

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Frequently asked about truQ

Where is truQ based?
truQ is headquartered in Lagos, Nigeria.
Who founded truQ?
Founders listed for truQ include Foluso Ojo (Co-Founder) and Williams Fatayo (Co-Founder & CEO).
Who is the CEO of truQ?
Williams Fatayo is truQ's Co-Founder & CEO.
How much funding has truQ raised?
truQ has raised $100K across 2 funding rounds. Its latest, a $100K Grant, was announced on 19 Sep 2025.
Who has invested in truQ?
Backers include FINCA Ventures and Google for Startups Black Founders Fund Africa.
What sector is truQ in?
truQ operates in Logistics & Supply Chain, FinTech and Transportation.