Despite a weak freight market, Transfix announced the closing of a $40 million Series F funding round led by New Enterprise Associates (NEA) and G Squared, with participation from Canvas.
The latest funding strengthens Transfix’s financial position, supports a path to profitability and represents confidence from investors in the company’s approach, Transfix officials said.
New York-based Transfix is a digital freight marketplace connecting shippers and more than 30,000 carriers. The company was...
https://www.freightwaves.com/news/freight-marketplace-transfix-secures-40m-funding-round