Orderful raises $15M with NewRoad, aims to improve data interchange with AI

Orderful, an integration platform for electronic data interchange for the logistics and supply chain sectors, announced Wednesday that it has raised $15 million in a funding round led by NewRoad Capital Partners. This investment will support Orderful’s goal of streamlining EDI integration and enhancing data connectivity across the industry.

New investors included 9Yards, Flume Ventures and NFI ventures, joined by existing backers Andreessen Horowitz and GLP Capital Partners. The company last rais...

https://www.freightwaves.com/news/orderful-raises-15m-with-newroad-aims-to-improve-data-interchange-with-ai

Emerge raises $130M Series B to scale digital freight marketplace

Scottsdale, Arizona-based digital freight marketplace Emerge announced Thursday morning that it has closed a $130 million Series B funding round led by 9Yards Capital, Tiger Global Management and The Spruce House Partnership. Existing investors New Road Capital Partners and Greycroft also participated in the round.

“We’ve been fortunate to experience explosive growth in the past few years, and this funding will be very useful to Emerge’s future success,” said founder and co-CEO Michael Leto....

https://www.freightwaves.com/news/emerge-raises-130m-series-b-to-scale-digital-freight-marketplace