Cartage secures $3.3M to support shippers and carriers with automation

Freight coordination software provider Cartage announced Thursday that it has closed a $3.3 million investment round led by Y Combinator, Garage Capital, Wayfinder Ventures, Northside Ventures, Pioneer Fund and Ritual Capital. The funding will be used to automate freight operations for both shippers and carriers.

Angel investors also participated in the round, including Paul Graham, founder of Y Combinator; Nate Smith, founder of Lever; Kulveer Taggar, co-founder of Zeus; and Ian Logan and Caleb...

https://www.freightwaves.com/news/cartage-secures-3-3m-to-support-shippers-and-carriers-with-automation

Commentary: How Cargomatic started the digital brokerage boom

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

When Uber launched in 2010, it didn’t take a logistics genius to wonder how the technology and business processes the company brought to market for people was going to reshape the trucking industry. Fast-forward to 2020 and Uber for X is a movement that has already come and gone.

While it may seem that Uber Freight and Convoy have cornered the digital freight...

https://s29755.pcdn.co/news/commentary-how-cargomatic-started-the-digital-brokerage-boom