Proud to present at Invest Midwest 2026

NoDwell

Eliminate the Wait.

Our Supply Chain's Massive Opportunity

Truck drivers waste 30% of their day sitting idle.

Waiting
For dispatch, appointments, dock assignments
Loading
2.5 hr average per facility, minimum of twice on every shipment
Detention
40% of loads are held beyond their contracted times
The Industry Today

The difference is egregious.

How most of the industry operates

Live Loading

Truck arrives, waits for a dock, gets loaded while the driver sits.

6-24+ hrs
Average turnaround cycle, metro arrival to departure with next load

Proven solution. 1 in 3 shippers have access.

Drop & Hook

Truck drops a trailer, hooks a pre-loaded one, and goes.

< 1 hour
Average turnaround cycle, metro arrival to departure with next load

NoDwell serves both.

The Solution

NoDwell cuts turnaround from
6+ hoursunder 1 hour.

By democratizing the drop and hook, creating savings that could pay for the service, and turning the wait into productive miles.

Shared Yard Trucks
One truck serves 2-5 facilities in an industrial park, fractionalizing cost
Drop & Hook for All
Any shipper gets access to what only the largest could before
Subscription
or
On-Demand
Guaranteed or flexible access, no exclusive contracts required

We're the Uber for the first and last mile in trucking.

Phase One Target Market

$15.1B

Annual cost of truck detention alone.
Source: American Transportation Research Institute (ATRI)

5%
Market capture at 20% take rate
$150M
NoDwell revenue

40% of shipments are affected, so we start here.
Total idle waste is estimated to surpass $100B.

Competition & Differentiation

Others track the problem. We eliminate it.

Scheduling & Visibility
FourKites, project44 - track detention, but the truck still waits
Asset-Heavy Yards
Lazer, YMX - effective, but exclusive contracts, high volume required
Asset Light Brokerages
Offering trailers as a service, lining up the inevitable convergence of these concepts

NoDwell: Shared truck model fills idle time where drop & hook exist and serves the majority of the market currently without access.

Both Lazer Logistics (700+ locations) and YMX are already interested in acquiring our yard services.

Traction & Validation

We're proving this works.

Below revenue earned through our yard spotting provider Spot On Logistics and is based on a 20% take rate for NoDwell.

~150
Industry conversations validating the problem and our solution
5
Active proposals: Cargill, Hillman Group, NFI, Reardon Pallet, Native Seed
$290K
2025 concept revenue from yard spotting operations
The Team

Built by people who've lived this problem.

Founder & CEO

Blake Lappan

  • 22 years in truckload freight
  • 15 years in yard management
  • 14 years as a fleet owner
  • Focused on bringing yard management to those who currently don't have it
CTO & Co-Founder

Amol Mehta

  • Built an Uber-style marketplace for logistics
  • Deep expertise in marketplace platform architecture

Advisory Board

Rob Haddock
42 years at Coca-Cola, 7 years running North America Logistics
Erik Malin
Co-founded Baton (acquired by Ryder, 2022)
Mike Saxton
Former CCO, Orange EV (electric terminal trucks)

Nearly a century of combined operations experience via our Spot On team, already in place to scale NoDwell from day one.

Why Hyde Park Angels

NoDwell maps to every pillar of HPA's thesis.

HPA invests in seed and Series A companies where operator expertise creates outsized returns. NoDwell was built for this model.

HPA Criterion: Power User
The shipper who can't afford their own yard truck
Pete asks: "Why will somebody use the product at the frequency you need?" Our power user is the mid-size shipper paying $250K/yr in detention - they use NoDwell daily because the savings pay for the service. Recurring by design.
HPA Criterion: Behavior Change
From waiting 6-24 hours to swapping in 30 minutes
Pete says behavior change is "enormously difficult." Ours isn't - drop-and-hook has been proven for decades. We're not asking anyone to change. We're giving the other two-thirds access to what already works.
HPA Criterion: Operator-Founder
22-year industry veteran - driver, fleet owner, yard manager
HPA believes "operators are the ones moving the levers." Blake didn't read about this problem - he lived it as a driver, paid for it as a fleet owner, and designed NoDwell from 15 years of shipper relationships.
HPA Criterion: Logistics Expertise
HPA's deepest sector - FourKites, ShipBob, Coyote alumni
Michael Sahai: "We have a great number of folks from the world of Coyote Logistics and Schneider." NoDwell plugs directly into HPA's strongest domain. Your deal leads have already operated in this exact space.

HPA has been investing in the ecosystem around this problem for years. NoDwell is the missing physical layer.

What We Need From HPA

We're not just raising capital.
We're recruiting operators.

Pete Wilkins says it best: "Human capital maximizes financial capital." Here's exactly where HPA's model accelerates NoDwell.

Deal Lead
A logistics operator from HPA's 150+ members to serve as our deal lead - board-level guidance from someone who's scaled in this space
GTM Network
Chicago is a top-5 freight hub. HPA's network opens doors to enterprise shippers and carrier partners across the Midwest
Portfolio Synergy
FourKites tracks visibility. ShipBob moves parcels. NoDwell moves trailers. Same ecosystem, different execution layer

HPA's Edge

  • 40 deal leads across 55 portfolio companies - real operators, not just advisors
  • 60% board-level engagement - HPA members sit in the room
  • Top decile returns - the model works, measured by cohort performance

What NoDwell Gets

  • Coyote / Schneider alumni who know yard operations inside out
  • Midwest market access - KC, Chicago, STL, Indianapolis, all within 500 miles
  • Strategic credibility - HPA is the most active early-stage investor in Chicago

NoDwell doesn't just need capital. We need the operators behind it. That's HPA.

Go To Market

15 years of relationships, ready to deploy.

15 years of facility relationships through Spot On give us a built-in pipeline most startups spend years building.

Phase 1
Kansas City Metro
Expansion of industrial park model and local truck pilot, 5 active proposals already in pipeline
Phase 2
New Markets
Expansion to other markets, secure real estate for drop yards, onboarding our first marketplace trucks
Phase 3
National Scale
Strategic partnerships or acquisition by players like Lazer Logistics and YMX already calling us

Cluster model: One yard truck serves 2-5 facilities in an industrial park, splitting cost across clients and maximizing utilization from day one.

We're Raising
$1.5M

To scale deployment and capture market

85%+
To sales & growth - trucks on the ground
15 Trucks
Deployed across 13 sites over 18 months
6 Mo
Funded runway

$10M post-money · Low Sunk CapEx · AI-built platform at 80% less · 15 years of relationships, no cold start

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