BlackRock bets on Loadsmart with $90M investment

Loadsmart, a digital freight brokerage and technology company, has secured $90 million in a Series C round led by BlackRock as market volatility accelerates supply chain digitization and investment giants take a growing interest in logistics startups.

The round, announced on Friday, included investors from transportation and logistics company TFI International Inc. and ocean carrier Maersk, a Loadsmart investor since Series A. 

Headquartered in New York, Loadsmart uses artificial intelligence,...

https://s29755.pcdn.co/news/blackrock-bets-on-loadsmart-with-90m-series-c

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