“What Leaf is doing — building a highly connected and forward-looking view of the industry from the ground up — just can’t be done by incumbents operating within the existing constructs of the industry,” says partner at Sozo Ventures.
Truckload capacity management platform Parade plans to grow its team, expand its capabilities and add third-party partners to increase its value to customers.
“There is an urgent demand for new and innovative ways to increase visibility and efficiencies in the supply chain and improve driver experience, and this investment from our new and existing partners is going to power us to fill that need,” says Platform Science co-founder and CEO Jack Kennedy.
TPG, Thoma Bravo and Goldman Sachs led a $240 million investment round for the Chicago-based real-time visibility provider.
“We don’t partner with one asset, we partner with all box truck assets in a region and we aggregate the totality of orders to be sure that there is one full truck delivering to one ZIP code,” said Onward Delivery CEO Grafton Elliott.
The instant delivery company could be valued as high as $40 billion after securing its latest series X funding raise.
The California-based robo-delivery company has reportedly reached a valuation of more than $8.5 billion.
“Flock Freight is the only company that offers guaranteed hubless shared truckload service, and this additional investment adds more fuel to our sustained triple-digit growth,” said Oren Zaslansky, CEO and founder of Flock Freight.
“Over the past decade, we’ve seen the industry shift from pen and paper to on-premise systems to using modern software,” says Rose Rocket’s co-founder.
Freight is attracting record levels of investment right now, and Emerge’s dedication to making the industry more flexible and efficient through digitization has drawn attention.
By 2030, truck manufacturing executives expect $465 billion of annual revenue will likely switch from sales to aftermarket services for fleet management, automation tools, data security, privacy and enhanced driver features.
“We have always wanted customs authorities to share their rules, what they are looking for and what they are sharing, but they will never do that,” says Altana’s CEO on problems the company is aiming to solve.
Melio’s monthly processing volumes increased 5,000% over the past 18 months as its customers turned toward its digital suite to maintain positive cash flow.
The grocery delivery unicorn edges closer to an IPO and a seat at the table with Walmart, Instacart and Uber.
“Amazon Web Services makes it easy to host web applications for scalable solutions. We are looking to do the same thing for supply chain software by breaking down the data barriers that stop anyone from building the tools they need to offer better services.”
“Gopuff has quietly built a very strong business and solidified itself as the leading player, continuing to define this evolving category.”
“Bill started reimagining email where it was most broken and therefore hardest to fix — large teams managing huge volumes and complicated processes,” said principal at Insight Partners Rebecca Liu Doyle of SEDNA’s CEO Bill Dobie.
“Over the past year, our customers have grown their fleets by 21%, and with our Series E funding, we are now well-positioned to grow alongside them by investing in talent and technology to better serve all businesses that power the physical economy,” says the CEO of KeepTruckin.
“With insurance costs and driver turnover skyrocketing over the past several years, our mission is to help fleets overcome these challenges and create a safety culture that is not only valued by their drivers but also their insurance providers,” said co-CEO of Idelic.
The company buys products directly from a manufacturer and distributes those goods throughout more than 250 micro-fulfillment centers. With its contracted driver network and a flat fee of $1.95, goPuff promises 30-minute delivery 24/7.
