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Tenstreet is a technology company that specializes in connecting drivers and carriers within the transportation industry. The company offers a mobile-first, Department of Transportation (DOT) compliant application that significantly simplifies the hiring and onboarding process for truck drivers. By pre-filling 80% of the required information, Tenstreet's platform increases the number of complete applications, thereby boosting the number of hires for its clients.

Tenstreet serves a variety of clients in the transportation sector, including trucking companies, logistics firms, and other businesses that require DOT-compliant drivers. The market it operates in is highly competitive, with a constant demand for qualified drivers and efficient hiring processes.

The business model of Tenstreet revolves around providing software solutions that streamline recruitment, onboarding, and compliance processes. They offer personalized training and ongoing education to ensure that their clients can quickly adapt to and fully utilize the platform. This not only saves time but also reduces the risk of non-compliance, which can be a significant liability for transportation companies.

Tenstreet makes money through subscription fees and service charges for its software solutions. Clients pay for access to the platform and its various features, which include online videos, quizzes, and forms that help companies move towards a paperless operation. This digital transformation helps clients manage their safety departments more efficiently and ensures that they do not miss crucial compliance steps.

In summary, Tenstreet provides a comprehensive solution for the transportation industry, helping companies hire and manage drivers more efficiently while ensuring compliance with DOT regulations.

Keywords: transportation, drivers, carriers, DOT compliance, hiring, onboarding, software, paperless, efficiency, safety.

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Investments by Tenstreet

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Vnomics
BUYOUT by Providence Equity Partners Apr 2022
TruckMap
ACQUISITION by Tenstreet Apr 2023