Flock Freight raises $60M in Series E funding to enhance its shared truckload model, led by ONeil Strategic Capital.
May 14, 2025•7 months ago
Amount Raised
$60 Million
Round Type
series e
Investors
Glp Capital PartnersSignal FireSusquehanna Private Equity InvestmentsO Neil Strategic Capital
Description
Flock Freight has announced a $60 million Series E funding round, reinforcing its commitment to shared truckload technology. The funding, led by ONeil Strategic Capital and joined by investors such as Susquehanna Private Equity Investments, SignalFire, and GLP Capital Partners, underscores Flock Freight's determination to optimize freight efficiency. The Series E funding will support Flock Freight's initiatives to hire top technologists and expand integration capabilities. Dean Carlson from Susquehanna International Group will join Flock Freight's board to assist in its growth.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech