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TruckX Scales from $2M to $16M ARR: How Phi Consulting Engineered a FreightTech Sales Transformation

Writer: Haris  BurneyHaris Burney

TruckX, a fast-growing IoT platform for transportation, provides ELD compliance, telematics, and dashcam solutions to OTR trucking fleets across the U.S. While the product offered strong value, TruckX was hitting a ceiling. Growth had stalled at $2M ARR due to two persistent bottlenecks: a narrow customer base and the absence of a scalable sales engine.


That’s where Phi Consulting stepped in.


The Growth Bottleneck: Product-Market Fit, No Sales Infrastructure

TruckX had validated demand, but lacked the structure to scale. Their user base was largely homogenous, concentrated within a small segment of fleet owners. Without a dedicated sales team or a repeatable go-to-market process, expansion into adjacent customer segments was slow, and revenue growth had plateaued.


TruckX didn’t need more leads. They needed a system to convert them.


Phi's Approach: Building a Freight-Savvy GTM Engine from the Ground Up

Phi Consulting embedded itself inside TruckX’s commercial function, acting not just as an advisor but as an execution partner. The engagement started with a GTM audit to uncover inefficiencies across customer acquisition, sales operations, and team capability. Key gaps included:


  • No outbound motion

  • Unstructured lead qualification

  • Inconsistent follow-ups and pipeline management

  • No sales playbooks or ICP-specific messaging


Phi deployed a plug-and-play SDR pod, designed for the FreightTech industry, fully equipped with battle-tested scripts, workflows, and outreach strategies tailored to the OTR trucking segment.


Execution at Speed: From First SDR Hire to Scalable Sales Function

In just 12 months, Phi helped TruckX:


  • Build and train a Freight-specialized GTM team

  • Establish a full-funnel outbound sales motion

  • Launch multi-threaded outreach across diverse fleet segments

  • Create vertical-specific messaging and product positioning

  • Set up live reporting, sales ops workflows, and performance dashboards


By owning execution and iterating fast, Phi turned TruckX’s sales function from a bottleneck into a growth engine.


The Result: 8X Revenue Growth in 12 Months

With Phi’s support, TruckX scaled from $2M to $16M ARR in just one year.


  • Outbound became a primary revenue channel

  • Customer base diversified across multiple fleet sizes and regions

  • Close rates improved, and CAC dropped significantly


What started as a consulting engagement evolved into a high-performance GTM partnership—with Phi operating as an extension of TruckX’s commercial team.


TruckX’s Leadership on Working with Phi

“We didn’t just get a consultancy—we got a full-stack GTM execution partner. Phi helped us scale faster, sell smarter, and own our niche in the FreightTech space.” — Tapan Chaudhari, CEO TruckX 


Ready to Scale Like TruckX?

Whether you're looking to build your first outbound team or scale a proven GTM model, Phi Consulting helps FreightTech startups turn sales friction into growth velocity. Reach out today to see how we can help you go from traction to domination.

 
 
 

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