Max Lock, a young entrepreneur from Portland, had started an on-line start-up called Fleet. Established in the year 2014, the Portland-based logistic Firm had received an investment fund of $4 million.
He worked as an IT administrator in a restaurant in Philadelphia at the age of 15. He got fed up with the taste of the ice cream provided there, and he moved to find a better way of making ice cream. Started an ice-cream start-up by the name Schoolboy Ice-cream, which was quickly owned by a pizza shop.
Lock skipped his college education in San-Francisco for participating in a Pitch Competition called Tech Crunch Disrupt where the venture capitalists are eyeing on. On getting the second place in the Event, he was offered a fellowship of $100,000 a year for two years by Thiel Foundation.
Initially Launched in San-Francisco Fleet, formerly known as Shipstr was moved to Portland for a lesser cost of living and to get close to the shipping industry. Owning 13 employees until now allows companies to post shipping jobs online and carrier agencies to complete the process. Fleet works on the USP that better communication between the users and freight carriers would gain more success.
In prior to Fleet, Lock founded Intergreen distributors which are a paper item importing firm and Mediaspork an IT company for restaurants Hunt Technologies, leading the group of capital investment companies including Telegraph Hill Capital, LatAm Partners LLC, Placid Ventures LP, GrowthX Fund and NFQ a was attracted by the idea of this young Start-up and invested the seed capital fund of $4 million.
Mr.Lock had substituted the internet for phone calls, emails, and fax for the movement of goods which would be more efficient than the existing services. The on-line based start-up gives quotes and reviews on the different Freight Carriers in shipping industry thus by allowing users to choose the carrier basing upon the cost, efficiency, time of delivering the goods.
On the other hand carrier agencies can also join Fleet, to reduce their promotional charges, get connected to the new users & out expand their services which are faster and cheaper than the existing Freight carriers. It enables small and upcoming to enrol into the website and expand their services from small to mid-sized business firms.