Investment will accelerate expansion of the 7,200-location network to address truck parking shortages and meet growing fleet demand
RINGGOLD, Ga., Oct. 20, 2026 — Truck Parking Club, the nation’s largest marketplace for instantly reservable truck and trailer parking and storage, today announced a growth investment from Argentum Capital Partners, a New York-based growth equity firm. The investment will accelerate network expansion and fund the technology and teams that help fleets incorporate parking and storage into their daily operations.
Truck parking supply isn’t keeping pace with demand: 98% of drivers report trouble finding safe parking1, spending an average of 56 minutes per day to secure a space, resulting in lost driving time of ~ $6,800 annually and 79% of truck stop operators have no plans to add spaces, according to the Federal Highway Administration. In three and a half years, Truck Parking Club has grown to more than 7,200 locations and helped park hundreds of thousands of trucks and trailers. Drivers at 94 of the top 100 trucking companies have booked through the platform, and fleets are increasingly using the network to meet parking and storage needs across their operations.
“Too often, drivers are left to solve parking on their own, giving up drive time or stopping somewhere they shouldn’t,” said Evan Shelley, co-founder and CEO of Truck Parking Club. “Parking is fleet infrastructure, and it should be planned like it. We give fleets a way to do that across their operations, so every driver has a safe, legal place to stop. With Argentum’s investment, we’ll add more locations and bring the network to more fleets.”
Truck Parking Club will use the fresh investment to expand dedicated teams working with warehouses, trucking companies, self-storage operators, and hotel owners to turn suitable unused space into truck and trailer parking. The company will also invest in its technology and expand its work directly with fleets to match the network’s capacity to their operating needs.
Beyond driver parking, the network helps fleets secure truck and trailer storage and drop yard space across multiple locations without sourcing each site independently. Fleets can find locations that meet their equipment, capacity and amenity requirements, and list unused space in their own yards to generate revenue.
“Truck parking is one of trucking’s most challenging and expensive problems, and Truck Parking Club solves it by operating the ideal marketplace that unlocks additional supply of previously underutilized industrial properties and makes them available to the entire universe of truck drivers through a frictionless booking experience,” said Daniel Raynor, Managing Partner and co-founder of Argentum, who will join the Company’s board in connection with the investment. “Individual drivers have embraced it, and now fleets are building it into their core business processes. We are excited to back Evan and his outstanding team to support Truck Parking Club’s rapid growth. Argentum’s investment continues our focus on making investments in mission critical solutions serving essential industries and leverages our significant experience in transportation and logistics.”
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About Truck Parking Club
Truck Parking Club is a network of instantly reservable hourly, daily, weekly and monthly truck and trailer parking locations throughout the US. Truck Parking Club helps connect truckers to truck parking locations throughout the US via truckparkingclub.com and our mobile app. Our network is made up of property owners that have locations adequate for truck parking to list on the platform: this includes warehouses, trucking companies, truck repair shops, tow truck companies, storage companies, CDL schools, trailer leasing companies, real estate investors, truck stops, truck parking operators and more!
About Argentum
Argentum Capital Partners is a New York-based growth equity firm that helps scale bootstrapped, capital efficient B2B business services and tech-enabled solutions companies. The firm provides capital to accelerate growth, fund acquisitions, and generate shareholder liquidity. Over its 30+ year history, Argentum has invested in over 100 companies, supported more than 200 add-on acquisitions, and been named to Inc’s list of Top Founder Friendly Investors for six consecutive years. Argentum fills the growing gap between venture capital funds and later stage PE firms by targeting capital-efficient companies that are not seeking a change in control. Learn more at www.argentumgroup.com.
Media Contact
Reed Loustalot
Chief Marketing Officer
Truck Parking Club
[email protected]
423-275-4999
truckparkingclub.com
SOURCE TruckParkingClub.com
