Prepared for Volvo Group CampX
NoDwell · Investor Presentation
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Eliminate the Wait.

By eliminating the live load.

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 transport infrastructure CampX accelerates - except this one 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 Volvo Group CampX

NoDwell maps to every CampX pillar.

We solve a real problem Volvo has publicly acknowledged - and we're at the right stage for the Venture Client program.

CampX Pillar: Automation
First/last mile for VNL Autonomous hub-to-hub
Volvo's autonomous trucks can't navigate docks or urban areas. NoDwell provides the physical relay network and yard infrastructure that completes the handoff.
CampX Pillar: Connectivity
Volvo Connect integration - 1M+ connected trucks
NoDwell's platform generates real-time yard demand data, trailer location, and staging signals. Direct API integration with Volvo Connect creates a connected first/last mile.
CampX Pillar: Electromobility
EV-ready yard and city trucks within 75 mi range
NoDwell's short-haul operations are ideal for electric vehicles. Drivers home nightly. All routes within metro charging range. TARA-style autonomous yard vehicles are a natural integration.
CampX Pillar: Sustainability
Eliminate 30% driver idle time - reduce emissions at scale
Every hour of dwell time eliminated removes idling emissions, reduces congestion, and improves asset utilization across the entire Volvo truck fleet.

CampX accelerates the future of transport. NoDwell is the missing mile.

What CampX Looks For

We heard you describe the ideal partner.

"We start with a real problem that needs solving."
$100B+ in annual dwell time waste. 135M lost driver hours. The most neglected and least digitized mile in the supply chain. This is a real problem.
"It has to be a win-win. We have to be fair."
Shippers pay less than internal cost. Carriers get drivers back faster. NoDwell earns margin. Every participant wins - that's our entire model.
"We can't do it all on our own. We have to be open to partnerships."
Volvo builds the autonomous trucks. NoDwell builds the yard network they hand off to. Neither can do both. This is partnership by design.
"60% of our test projects move forward."
NoDwell is already revenue-producing - $290K through Spot On and $41K city truck gross in 2025. We're past the validation stage. We're ready for the accelerator.
"The transformation needs speed and talent."
22 years of freight expertise. 15 years of yard management. AI-built platform at 80% less CapEx. We move fast because we've lived this for decades.
"Bring in talent and solutions - but also speed."
NoDwell can pilot at the Greensboro CampX hub using Volvo trucks on real freight routes. Local proof of value in weeks, not quarters.
Quotes sourced from CampX Podcast & Corporate Startup Stars 2021

Volvo builds the truck of the future. NoDwell builds the network it needs on the ground.

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
Ownership Structure

Cap Table Post-Investment

NoDwell, Inc. - Two-Tier SAFE

Stakeholder
Ownership
Founder
66.25%
Co-Founder
12.75%
Pre-Seed Round
15.00%
Employees
5.00%
Advisors
1.00%
Total
100.00%
Tier 1 - Angel Tranche
$9M cap · MFN
Up to $300K total · $50K check minimum · No pro rata
Tier 2 - Lead / Strategic
$12M cap · Pro Rata
$1.2M minimum · Pro rata rights over $500K

Tier 1 rewards early commitment. Tier 2 reflects reduced risk with contracted baseline and supports fewer, larger checks.

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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