Chicago Ventures

GoodShip raises $5M to provide analytics to both shippers and carriers

Cloud-based procurement platform GoodShip announced Thursday it has closed on a $5 million seed round co-led by Ironspring Ventures and Chicago Ventures with participation from previous investors including Fuse VC, Cercano Management and project44’s Jett McCandless.

Including its previous seed round that closed in October, which involved several industry leaders including Stord founder Sean Henry, Convoy founder Dan Lewis and FreightWaves founder Craig Fuller, the company has raised $7.4 million...

https://www.freightwaves.com/news/goodship-raises-5m-to-provide-analytics-to-both-shippers-and-carriers

Former FedEx execs bringing visibility to ‘stock in motion’

In today’s supply chain climate, merchants can be stuck with either stockouts or overstock, both of which leave retailers in a position to lose revenue. Now two former FedEx executives are looking to offer an inventory option they call “stock in motion.” 

With this inventory alternative offered by S+V Technologies, merchants can give consumers an opportunity to purchase items that are in transit to fulfillment centers, eliminating the mystery of when items will be back in stock.

“When shopping...

https://www.freightwaves.com/news/former-fedex-execs-bringing-visibility-to-stock-in-motion

Meet the Investor: The man with the ‘dull machete’ leading project44’s growth

Welcome to FreightWaves’ new series, Meet the Investor, which dives into the stories behind the industry’s biggest investments, the individuals who manage them and the lessons they learned along the way.

In 2021 alone, real-time visibility provider project44 has undergone three global acquisitions and a Series E round that has distinguished the startup as an industry unicorn, earning the No.1 ranking in FreightWaves’ 2022 FreightTech 25.

Related: FreightWaves reveals FreightTech 25 winner

While...

https://www.freightwaves.com/news/meet-the-investor-the-man-with-the-dull-machete-leading-project44s-growth

Project44 raises $202M in Series E, boosts value to $1.2B

Global supply chain visibility firm project44 has announced it has closed on a $202 million Series E round led by funds managed by Goldman Sachs Asset Management (NYSE: GS) and Emergence Capital, with increased investment from its current investors, including Insight Partners, Sapphire, 8VC, Chicago Ventures and Sozo. The company has raised $442.5 million since 2016 and with its recent raise is valued at $1.2 billion.

“We are fully aligned with the vision that Jett and his team have set forth to...

https://www.freightwaves.com/news/project44-raises-202m-in-series-e-boosts-value-to-12b