Service

Loadsmart raises $90 million to further consolidate its one-stop freight and logistics platform

3 days ago   |   By Tech Crunch

Leading on-demand digital freight platform Loadsmart has raised a $90 million Series C funding round, led by funds under management by BlackRock, and co-led by Chromo Invest. The funding will be used to continue to build out its platform to offer even more end-to-end logistics services to its freight customers, and the company says that it will be doing that in part through new collaboration with strategic investor TFI International, a leader in the logistics space, which also participated in this round.
In addition to TFI, the round also saw renewed investment from Maersk, a global...
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Here's the 25-slide pitch deck a startup that helps companies like Kroger and Sweetgreen manage deliveries used to nab a $14 million Series A

Here's the 25-slide pitch deck a startup that helps companies like Kroger and Sweetgreen manage deliveries used to nab a $14 million Series A

3 days ago   |   By Business Insider

Summary List Placement
Consumer habits massively shifted online during the coronavirus pandemic, which meant businesses needed to adapt delivery models. The shift gave delivery and logistics companies a massive boost.
Onfleet, a last-mile delivery-management software company, is one such provider. The startup just raised a $14 million Series A led by Kennet Partners at the end of October following a year of massive growth.
Onfleet powers deliveries for companies including Kroger, Sweetgreen, Drizly, Imperfect Foods, all of which saw demand skyrocket in 2020. It helps brands manage...
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