Upwell secures $6.5M to automate logistics billing practices

Payment automation platform Upwell announced Monday it has secured a $6.5 million seed funding round led by Vertical Venture Partners with participation from Plug and Play Ventures, Black Dog Ventures, Neverlift Ventures, Automotive Ventures, and previous investors NVP, SaaS Ventures, Rise of the Rest, Invest Nebraska and Motivate Ventures. The company has raised $10 million since 2023.

“Our mission at Upwell is to modernize and simplify financial operations for logistics companies,

an industry...

https://www.freightwaves.com/news/upwell-secures-6-5m-to-automate-logistics-billing-practices

Upwell asegura $ 6.5 millones para automatizar las prácticas de facturación de logística

La plataforma de automatización de pagos Upwell anunció el lunes que ha asegurado una ronda de fondos semillas de $ 6.5 millones dirigida por vertical Venture Partners con la participación de Plug and Play Ventures, Black Dog Ventures, NeverLift Ventures, Automotive Ventures e Investores anteriores...

https://fullavantenews.com/upwell-asegura-6-5-millones-para-automatizar-las-practicas-de-facturacion-de-logistica/?lang=es

Viewpoint: Finding investor value in FreightTech outside the US

The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates.

The logistics industry is not immune to the search for the next big thing, between the latest technology and the most innovative startups. With all of the innovation happening and venture capital flowing into FreightTech in the U.S., it’s easy to forget to look outside the United States, where there are startups on course for a substantial impact within their...

https://s29755.pcdn.co/news/viewpoint:-finding-investor-value-in-freighttech-outside-the-us

Viewpoint: Tips for selling at in-person events — when they reappear

We’re going to assume the in-person conferences and networking events we used to know will, in the near future, be possible again. In fact, we should all be encouraged by the news announced by FreightWaves last week about F3: The Future of Freight Festival, being held IN PERSON in Chattanooga, Tennessee, Nov. 8-10.

Despite the limitations of video and live streams, the virtual events of 2020 have been fair substitutes for in-person events, and many of those available have been worth attending....

https://s29755.pcdn.co/news/viewpoint:-tips-for-selling-at-in-person-events-—-when-they-reappear

Viewpoint: Fuel cards ripe for disruption; here’s why

The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates.

While digitization has affected every aspect of new freight technology, one area that remains in need of disruption is fuel cards. We’ve seen other parts of fintech benefit from automated solutions for paying and getting paid. With fuel cards, there is room to respond better to functionality demands and improve the value of the data they can provide.

The fuel card...

https://www.freightwaves.com/news/viewpoint:-fuel-cards-ripe-for-disruption;-heres-why

Should freight companies pay their employees in bitcoin? – FreightWaves Insiders

FreightWaves Insiders is back and on this episode Dooner and his cohorts are talking about the meme stock movement, cryptocurrency, Robinhood’s behavior, whether freight employees should be paid in bitcoin, and where the venture capital is flowing in 2021. Should startups put their seed rounds in bitcoin?

Dooner is joined by BasicBlock CEO/co-founder Taylor Monks and TNT Ventures Limited Partner Charley Dehoney on the podcast.

Over the past few years, Monks has spent his time working with some...

https://www.freightwaves.com/news/should-freight-companies-pay-their-employees-in-bitcoin-freightwaves-insiders

Viewpoint: Why culture wins in logistics companies

The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates.

Anyone who has worked in logistics or freight brokerage knows it is not as simple as the job title makes it sound. At times, it’s a high-stress career filled with many moving pieces, dealing with the unexpected, and working extremely hard just to stay competitive every day.

Teams composed of various roles have the potential to make it a positive, constructive place...

https://s29755.pcdn.co/news/viewpoint:-why-culture-wins-in-logistics-companies

Viewpoint: Carriers, logistics companies sharpen focus

The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates.

The theme of the past week might be best summarized by the word “focus.” Enterprises are focusing back on their core competencies and cutting out underperforming businesses, in an effort to increase their competitive edge in the area they serve best. The current market is further adding benefit for those choosing this strategy, making it likely that in the near...

https://www.freightwaves.com/news/viewpoint-carriers-logistics-companies-sharpen-focus

Viewpoint: Finding profits in your inbox

The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates.

Inboxes are getting an overhaul, one we didn’t know was overdue. With more email-innovating services recently gaining attention, many companies are seeing the potential to use inboxes and the data in them for a massive leap in efficiency.

Spoiler alert: The logistics and transportation industry has a high dependency on email. In our industry, timely responses are...

https://www.freightwaves.com/news/commentary-finding-profits-in-your-inbox

Commentary: 4 hilarious Instagram accounts every freight broker needs to follow

The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates.

With the number of Gen Yers, or Millennials, finding their way into the freight brokerage career path, it’s no wonder there is plenty of entertaining social media content on topics related to the job. If you haven’t checked out this activity, there are a few Instagram accounts that post frequently and have grown their own following. You should follow them, too, if...

https://www.freightwaves.com/news/commentary-4-hilarious-instagram-accounts-every-freight-broker-needs-to-follow