Truck at automated entry gate at commercial truck yard. The technology allows trucks to enter yards with no delay.

EIAGLE

A U.S.-Canadian company that’s come up with technologies to speed commercial truck processing while reducing theft has landed millions in new funding from several investors.

Based in both Boston, Massachusetts and Toronto, Canada, EAIGLE, rhymes with eagle, attracted a growth funding round led by growth equity firm Noro-Moseley Partners, with participation from In Revenue Capital and Boreal Ventures, the company announced Tuesday.

The specific amount of the funding was not revealed, although it was characterized as “we're always talking about millions,” by EAIGLE founder and CEO Amir Hoss, in an interview.

The two technologies are Automated Vehicles Access Control, or AVAC and YardSight.

AVAC automates gate check-in at freight yard gates to under 30 seconds, while YardSight governs and automates the custody transfer from the shipper to the receiver, from the shipper to the transportation company that owns the trailer, and from the transportation company to the receiver, according to Hoss.

The result, he says is significant savings in labor and costs, thefts and fraud.

Indeed, the company estimates $726,000 in annual savings per facility along with a more than 50% reduction in theft and fraud using AVAC and YardSight’s computer vision to analyze camera feeds to instantly read truck and trailer identifiers at the gate and across the yard.

The technology’s ability to reduce theft and fraud is especially intriguing, given the crimes are not generally a person or group simply stealing freight.

As Hoss explained, five elements must be verified before a load is admitted: truck, trailer, load, paperwork such as a manifest, packing slip or bill of lading and the driver.

“Prior to us it's been only truck validation and truck data was available, so four of them were missing, or even if they were available, nobody was consolidating them and validating, so we are coming in and connecting the four missing items to the truck information and perform validation on top of them, and this been leading to reduction of theft, not just a normal theft that somebody can walk in and pick up a trailer and leave, but also a higher degree theft, like a fake bill of lading,” Hoss explained.

During the first quarter of 2026 767 supply chain crime events across the United States and Canada were recorded by Verisk CargoNet, representing losses $131.58 million, about the same dollar loss as in the first quarter of 2025.

EAIGLE’s name was derived from choosing a bird with a more than 300 degree field of view, while “squeezing in” the A to incorporate AI into it, Hoss explained.

That vision includes using EAIGLE’s technology to handle the growing fleet of autonomous commercial trucks.

“Our core focus is connecting industrial facilities to building and building an infrastructure for the future connectivity between all the autonomous trucks in any capacity, whether it's autonomous shunting or autonomous heavy vehicles, different classes to be able to interact with the building,” Hoss explained.

In deciding to financially back EAIGLE, an executive at one key investor pointed out EAIGLE’s automated processes.

"EAIGLE seamlessly simplifies complex logistics transactions, and we are excited to partner with them for their next phase of growth," said Vasant Kamath, general partner at Noro-Moseley Partners, in a statement.

"Every truck through a gate used to be chaos and clipboards. EAIGLE made it infrastructure,” added David Charbonnea, managing partner Boreal Ventures.

The new cash infusion will go toward responding to customer demand along with funding national product rollouts in the U.S. and Canada as well as for customers in Brazil, Mexico, India and western Europe, according to Hoss.

He did not publicly name specific companies adopting EAIGLE’s technologies at this time, but hinted that they include some of the world’s largest corporations.

Eagle-eye observers may figure it out themselves, although, a spokesman said, a future public announcement is planned, “in the coming months.”