Menlo Ventures

Parade raises $12.7M to ‘speed up tech enablement for freight brokers’

Truckload capacity management platform Parade announced Wednesday it has closed a $12.7 million series A led by Menlo Ventures with participation from Greenhawk Capital, Jones Capital, The House Fund, Oriza Ventures and a number of undisclosed angel investors within the FreightTech and supply chain communities.

Parade’s customer base grew by 500% last year and freight brokerages like brokerages like Armstrong Transport Group, Schneider and Worldwide Express have leveraged the capacity management...

https://www.freightwaves.com/news/parade-raises-127m-to-speed-up-tech-enablement-for-freight-brokers

ShipBob reaches $1B valuation with new funding round

The money keeps flowing into the last-mile logistics space and the latest company to reap the benefits is cloud-based platform ShipBob, which announced a $200 million Series E round Tuesday morning.

The new funding, which brings total funding in the company to $330.5 million according to Crunchbase, doubles ShipBob’s valuation from its Series D funding round in September 2020 to more than $1 billion today, it said in a release.

The Series E financing was led by Bain Capital Ventures, which led...

https://www.freightwaves.com/news/shipbob-reaches-1b-valuation-with-new-funding-round

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