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

FreightTech Friday: Alvys raises $20.5M to accelerate tech development

Logistics software provider Alvys announced Monday it has closed its Series A with $20.5 million in funding led by Titanium Ventures, with participation from Picus Capital and existing investors RTP and Bonfire. The company is looking to continue to develop its current offerings and support customer growth. Alvys has raised about $30 million to date.

Nick Darman, founder and CEO, told FreightWaves in an email Alvys is prioritizing its development in less-than-truckload and cross-border...

https://www.freightwaves.com/news/freighttech-friday-alvys-raises-20-5m-to-accelerate-tech-development