The universe of venture capital-backed freight tech startups has matured since 2015, when the space was still in its infancy. In 2019, average late-stage valuations reached $158 million, 430 deals were closed and $11.8 billion was invested in freight tech startups.
Freight tech has evolved as new themes have emerged. First, digital freight-matching companies were aggressively funded, which touched off a new wave of technology innovation across the third-party logistics industry. Then visibility...
https://www.freightwaves.com/news/pitchbook-names-8vc-most-active-freight-tech-investor