# Moatable

> Moatable is a Phoenix-based holding company that builds, acquires and scales industry-specific software businesses. Its two principal businesses are Lofty, a real estate CRM and automation platform, and Trucker Path, a navigation, trip-planning and freight platform for commercial drivers and fleets. The company combines capital with operational support and increasingly emphasizes AI within existing workflows.

- **Founded:** 2002
- **Headquarters:** Phoenix, United States
- **Founders:** Joseph Chen (Founder, Chairman and Chief Executive Officer)
- **Products:** Lofty, Trucker Path, Trucker Path Fleet Navigation, TruckLoads, Trucker Path Insurance
- **Notable:** Completed a shift toward North American SaaS after deconsolidating former automobile business Kaixin in 2021., FY2024 revenue grew approximately 22% to $63.459 million as originally reported., First-nine-month 2025 revenue grew 25.4% to $57.701 million; operating loss was $1.980 million.

## Products & services

- **Lofty** — Real estate platform combining CRM, IDX websites, lead generation, marketing automation, transaction tools and AI agents. Formerly Chime; rebranded in November 2023.
- **Trucker Path** — Commercial-driver app for truck-specific navigation, parking intelligence, fuel information and trip planning; originally launched in 2013.
- **Trucker Path Fleet Navigation** — Fleet navigation and route-management tools, with billing based on driver and operator seats.
- **TruckLoads** — Freight load board connecting carriers and brokers; current site also promotes AI-assisted document and invoicing workflows.
- **Trucker Path Insurance** — Digitally enabled retail insurance agency for owner-operators and small and mid-size fleets; launched publicly in October 2025 with a reported $7 million book of business, which is not software revenue.

## Achievements

- Completed a shift toward North American SaaS after deconsolidating former automobile business Kaixin in 2021.
- FY2024 revenue grew approximately 22% to $63.459 million as originally reported.
- First-nine-month 2025 revenue grew 25.4% to $57.701 million; operating loss was $1.980 million.
- Trucker Path reported 152,000 paying subscriptions at September 30, 2025.
- Trucker Path announced more than 50,000 reservable truck-parking spaces in June 2026.

## Latest updates

- **2026-06** — Trucker Path announced expansion to more than 50,000 reservable parking spaces.
- **2025-12** — Trucker Path announced distribution through Platform Science’s Virtual Vehicle Marketplace.
- **2025-11** — Q3 filing reported $57.701 million revenue and a $1.980 million operating loss for the first nine months of 2025.
- **2025-10** — Trucker Path Insurance launched publicly with a reported $7 million trucking book of business.
- **2025-10** — Moatable announced final tender-offer results: approximately $5.7 million of shares accepted, excluding fees and expenses.

## Links

- Website: https://www.moatable.com/
- LinkedIn: https://www.linkedin.com/company/moatable

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Profile page: https://yespress.io/moatable
Published by YesPress — https://yespress.io
Last updated: 2026-10-17