Series A funding

Four supply chain-focused firms have secured a combined $70 million in funding amid a sluggish investment market.

GoFreight, a startup freight shipping platform for small and midsized freight forwarders, recently raised $23 million in a Series A round.

“There’s no other solution out there that has done this,” said Parade CEO and co-founder Anthony Sutardja. “We have really led the way in defining digital bidding and digital booking across our partner capacity networks.”

Parade garners impressive support from both Silicon Valley and Freight Alley.

Truckload capacity management platform Parade plans to grow its team, expand its capabilities and add third-party partners to increase its value to customers.

“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.

Nowports aims to digitize supply chains from Asia to the Americas with $16 million in Series A funding.

Cross-border platform Nuvocargo raised $12 million in a Series A round led by QED Investors.

SmartHop has secured a $12M Series A funding round with participation from heavy hitters Union Square Ventures and RyderVentures to scale its “business-in-a-box” solution for owner-operators and small fleets.

SamCart, an D2C e-commerce platform, has closed a $10 million Series A round of funding, led by TTV Capital.