Michael Leto

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

Building a digital freight marketplace with Emerge CEO Michael Leto – FreightWaves Insiders

On this episode of FreightWaves Insiders, Dooner catches up with Emerge CEO Michael Leto to talk about building a digital freight marketplace and redefining the industry. Find out how Michael and his brother Andrew turned the family business digital and are now moving more than a billion dollars in freight spend.

Michael Leto has been in the transportation industry for over 21 years and played an active role in creating one of the largest and fastest-growing 3PLs in the country. He has been...

https://s29755.pcdn.co/news/building-a-digital-freight-marketplace-with-emerge-ceo-michael-leto-freightwaves-insiders