Check out your Company Bowl for anonymous work chats.
Loadsmart, a leading freight technology company, announced it has closed a $200 million round of Series D financing led by SoftBank Latin America Fund, part of the SoftBank Group, with participation from Series C investor funds and accounts managed by BlackRock, rail transportation supplier CSX Corporation (Nasdaq: CSX), and global active asset manager Janus Henderson Group. The significant cash infusion now values the company at $1.3 billion, more than three times its Series C valuation just over one year ago.
Congratulations are in order! We raised $90M in our Series C fundraising round led by Blackrock's Managed Funds.
Loadsmart, a digital freight technology company, was awarded #15th place at the 2020 Freight.Tech25 awards held at Freightwaves Live CHICAGO. The award marks the second time Loadsmart has been recognized as one of the most innovative companies in the freight industry, having placed 22nd in 2019.
Our Chief Product Officer, Felipe Capella, predicts the most forward-thinking shippers will link different logistics solutions -- from rail to over the road -- into one decision making system in 2020. Learn more: http://glassdoor.com/slink.htm?key=vMj4I
Ports America, the largest terminal operator in the U.S., joins the world’s largest container ship and supply vessel operator’s investment arm Maersk Growth as an investor of Loadsmart with a total of $19 million raised. This latest round follows Loadsmart’s series A round in late 2018, bringing total funding to date to $53.3 million. The investment will be leveraged for Loadsmart’s new Smart Drayage initiative, helping industry participants rethink the flow of shipping containers through marine terminals and develop a free-flow model to accelerate the transit of goods through the largest ports in America.
ICYMI: Maersk’s venture investment arm is part of our $21.6 million funding round to extend its services beyond maritime transportation. http://glassdoor.com/slink.htm?key=vQx4g
Honored to be named one of five 2018 Cool Vendors in Intelligent Supply Chain Execution Technologies by Gartner! http://glassdoor.com/slink.htm?key=vQk6P
