Loadsmart raises $90 million for AI that matches shippers with truck transportation
November 26, 2020
Loadsmart, a New York-based startup that leverages AI and hundreds of data sources to automate truckload booking, today announced a $90 million round at a valuation “north of $400 million.” The funding comes after the 300-person startup experienced 250% revenue growth between January and November and expanded its offerings to support rail transportation.
Roughly 80% of all cargo in the U.S.