Prepared for J.P. Keating · proChain Ventures
NoDwell · Investor Presentation
NoDwell Mascot

Eliminate the Wait.

Solving for the live load in truckload supply chain.

Goods Move Onto Trailers Two Ways

The Difference is Egregious

6-24+ Hours
~1 Hour

① Live Loading

  • Most common method - used by over two-thirds of shippers in the industry
  • Appointment based - driver waits for the appointment and for goods transfer
  • Wasteful by design - for schedule integrity

② Drop & Hook

  • Warehouse loads at their leisure - at the time that works best for their operation
  • Driver swaps trailers - rolling again in 30 minutes
  • Proven for decades - maximum efficiency
  • But limited to under one-third of the market
When Live Loading Occurs

Drivers waste 30% of their day. Everything downstream suffers.

$100B+
estimated annual drain on U.S. trucking from systemic idle time
135M hrs
lost per year across the industry
+6.2%
crash risk per 15 min of facility time - USDOT

And It's Getting Worse

  • Service failures & freight rates
  • Crash risk & HOS violations
  • Driver turnover - 94% annual rate
  • Driver pay & asset utilization declining
  • On-time rates & service predictability declining
  • Shipper & carrier profitability declining
In 22 Years of Industry Service

I've experienced every side of this problem.

  • Started as a driver - experienced the detrimental results of this dozens of times per year, missing key life events
  • Then as a fleet owner - watched it rob us of opportunity costs, often totaling half the day's revenue or more
  • Worked with hundreds of shippers - learning details of their operations, trying to optimize our fleet with their shipments

NoDwell was designed from this experience.

The NoDwell Marketplace Solution

Three services. One network.

All feed the same density moat and grease the supply chain efficiency flywheel via democratized contracts or platform use as needed.

Yard Truck
Phase 1
Concept site produced $130K in revenue through proof of concept partner Spot On Logistics, proposing for site 2 and 3 in KC with NoDwell
City Truck
Phase 2
Pilot tested in 2025, $41K in concept revenue at 40% utilization
Autonomous Yards
Phase 3
Drop yard network and autonomous truck integration
Solution 1 · The Democratized Yard Truck

A shared yard spotter for unserved shippers at a net negative cost.

Net negative cost: the shipper pays less for NoDwell coverage than they currently or would spend having their own drivers handle yard moves during dock wait times.

NoDwell shares a yard truck across 2-5 neighboring facilities on a democratized contract, directly connecting to shippers' internal systems for ease of use, organizing jobs like a ride share.

Facility Needs
Dock moves, trailer staging, container shuffling
→
Democratized Contract
Scheduled blocks or on-demand like a ride share
→
Shared Spotter
Rotates between 2-5 contracted clients
→
Profitable for All
Facility pays fraction · Truck stays busy
$130K
Concept site gross revenue
~$80K
Margin per site at scale
$290K
Total gross concept revenue today

Already operating through Spot On Logistics. Revenue-producing today.

Solution 2 · The Democratized City Truck

On-demand relay. Creating the drop-and-hook.

Two modes. Same truck. Same network. Same direct platform connection. Same organization of jobs, rideshare style.

Proactive: Drop and Swap

NoDwell offers a city truck for the time it takes to load or unload the carrier's trailer and stages it. Driver arrives, drops inbound, hooks outbound, keeps driving - zero wait. The drop-and-hook experience democratized for everyone.

Pre-Loaded
→
Drop & Hook
→
Keeps Driving

Reactive: Exception Management

Driver stuck at dock for hours. NoDwell dispatches a city truck to take over the trailer. Driver gets back on the road immediately.

Driver Stuck
→
NoDwell Dispatched
→
Driver Free
Projected Unit Economics
$350
Per job
× 5
Jobs per truck per day
= $350
NoDwell gross/truck/day at 20%
Actual 2025
$41K
Gross at ~45% utilization · Zero advertising spend

Concept operating and producing revenue today through Spot On Logistics. The economics are self-evident.

Solution 3 · Transfer Yards for Solution 2 & Autonomous Relay Points

Our software guides autonomous yard trucks site to site from the data we create.

The yards we already operate from services 1 & 2 become the critical infrastructure that autonomous line haul trucks need to reach their final mile.

Autonomous Line Haul Creates Demand

  • Aurora is hauling freight driverless - Dallas to Houston, live today
  • These trucks can't navigate docks or urban areas - they need a handoff point
  • NoDwell yards become that transfer station

NoDwell. Same thesis, same opportunity. Uber would be our Amazon.

Network Built
Services 1 & 2 build the physical yard network
Tech Arrives
Autonomous partners plug into our existing locations
Margins Expand
Remove driver cost, keep the network revenue
The Density Play

In each metro, density is the moat.

Whoever saturates the industrial clusters first becomes the default. The network effect compounds.

Market Entry
1-3
Trucks per Metro
Revenue from day one through Spot On · Proving demand · Zero CapEx for shippers
Contract Density
4-8
Trucks per Metro
Multi-client subscription groups · Predictable revenue · Margin protection kicks in
Network Lock-in
10+
Trucks per Metro
Transfer yard economics · Acquirer-ready density · Autonomous integration

The boring infrastructure play J.P. described - except it compounds.

KC First
Home market - 15 yrs of facility relationships, zero cold start
10 Metros
5-year target - 125 asset partners, $14M revenue, $7M EBITDA
Win the City
Protect the margin. Then expand.
The Competition

Everyone optimizes around the problem.
We remove it.

Digital Freight
Uber Freight, Convoy, Loadsmart - match linehaul capacity, but don't serve the local execution gap
YMS & Scheduling
Kaleris, FourKites - manage congestion, but the truck still waits
Asset-Heavy Yards
Lazer, YMX - effective, but exclusive contracts, dedicated equipment, high volume required

NoDwell serves the over two-thirds none of them can reach - and all of them are potential acquirers.

Both Lazer Logistics (700+ locations) and YMX are already calling about our yard services through Spot On.

Built for the AI Era

AI has changed SaaS forever.
That's ok with us.

AI can replicate code. It can't replicate trucks on the ground.

80%+
less dev CapEx vs. traditional SaaS
SaaS+
software + physical network = defensible moat
Low
admin overhead - automation-first ops

AI Builds It Faster

  • Platform at a fraction of traditional cost - on-premise NVIDIA DGX Spark, no cloud dependency
  • Every truck generates data that positions us for autonomous partnerships

AI Can't Replace It

  • Physical truck network and 15 years of facility relationships
  • First-mover density - whoever saturates the clusters first, wins

EV-ready by design - all operations within ~75 miles of metro chargers.

Why proChain Ventures

NoDwell maps to every pillar of your thesis.

We match proChain's focus on mission-critical logistics infrastructure, deep tech, and operator-built companies.

proChain Thesis: Logistics Infrastructure
Physical yard network - the systems that move cargo
Mission-critical ground operations for the $100B+ dwell time problem. We are the infrastructure, not just software about it.
proChain Thesis: Mobility & Autonomy
Transfer yards for autonomous line haul handoff
Our yards become the critical nodes autonomous trucks need. Human drivers today, autonomous backfill tomorrow - the bridge portfolio companies like Natilus need on the ground.
proChain Thesis: AI-Enabled Intelligence
On-premise AI with NVIDIA DGX Spark
Platform built at 80% less CapEx via AI. Every truck generates route data, demand signals, and training data for the autonomous transition.
proChain Thesis: Operator-First
22 years in freight - built from the cab, not the boardroom
"We lived inside the failure. Now we fund the replacement." That's your thesis. It's also our origin story.

proChain backs the systems that move goods. NoDwell is the ground-level execution layer.

What proChain Looks For

We heard you when you described your ideal company.

"Go find something boring, dirty, and dull that needs to be fixed."
Optimizing the first and last mile of truckload freight. No one's watching. We're stacking paper.
"We're not looking at tools solving problems. It's founders who lived it."
22 years. Driver → fleet owner → yard operator → NoDwell. We researched the problem, always asking shippers to let us drop regardless of their process, often needing to explain the benefits to them.
"This is a digital and physical world working together."
Software marketplace + physical trucks on the ground. Multi-client subscription groups. SaaS+ is our moat. AI can't replicate what's in the yard.
"We look at things that move cargo, not people."
NoDwell moves trailers. Zero human liability exposure. Pure cargo logistics.
"Electric trucks for the short haul - jobs for people, they can go home at night."
NoDwell: drivers are home nightly and enabling long haul drivers to predict their home time in an order of magnitude better.
"We invested pre-seed, very low valuation. I'd like to see exit after Series A."
$10M post-money SAFE. Lazer Logistics and YMX are already calling to acquire our asset business, and they are our target for the licensing concept.
Quotes sourced from J.P. Keating · The Silicon Valley Podcast

Creates a margin via multi-client contracts, at a cost less than it would cost them internally. We create a better quality of life and more income opportunity for everyone involved. A welcome change for operators in paper-thin industries.

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
  • Implemented yard management for several enterprise companies
CTO & Co-Founder

Amol Mehta

  • Former Founder & Director of Development at Bunjii
  • Built an Uber for pickup trucks that pivoted to small parcel delivery vans
  • Deep expertise in marketplace platform architecture
Operations
Austin Boerckel
11 years with Spot On
Director of Business Development
Tim Utzinger
1 year with NoDwell · 22 years in the industry
Site Leads
Mike Jackson
15 years in the industry

Advisory Board

Rob Haddock
42 years at Coca-Cola, 7 years running North America Logistics
Erik Malin
Co-founded Baton (acquired by Ryder, 2022)
Chris Atkinson
Founder & CEO, Class8 (formerly FleetOps)
Mike Saxton
Founding team, Orange EV (leading electric terminal trucks)
Randy Mullet
Former C-Suite, Conway (XPO)
Jay Deevers
Owner, Bestway International
The Ask
$1.5M

$10M post-money · 85%+ to sales & growth

SAFE with 20% discount offered

15 Trucks
Deployed across 13 sites over 18 months
29+ Mo
Funded runway - 11 months of buffer beyond plan
$1M
In revenue within 18 months
What we don't need
An office
We office inside our asset partner
Traditional dev cost
We build with AI
A cold start
55 years of combined relationships

Felt it as a driver. Paid for it as an owner.
Experienced processes across hundreds of shippers.

Conceptualized NoDwell to fix the root cause for everyone.

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