Fundz

Gofreight Raises $28M To Become The “Shopify Of Freight Forwarding”

PRIVATENov 14, 2022

Amount Raised

$28 Million

Round Type

Funding Round

Los AngelesE CommerceFintech

Investors

Red Building CapitalCornerstone VenturesMucker CapitalPalm Drive CapitalLFX Venture PartnersFlex Capital And Headline

Description

Unicorn Flexport is revolutionizing the world of logistics, serving as a freight forwarder with software that enables customers to manage their shipments. But there are still thousands of smaller freight forwarders, many running on outdated ERP software or spreadsheets. A startup called GoFreight wants to help them compete by providing the “Shopify of freight forwarding,” with backend software that makes their operations run more smoothly, and a frontend that lets them set up a storefront and provide quotes in a few minutes.

Quick answer

GoFreight raised $28 Million in a Funding Round round, dated November 14, 2022. Investors: Red Building Capital, Cornerstone Ventures, Mucker Capital, Palm Drive Capital, LFX Venture Partners and Flex Capital And Headline. GoFreight is based in Los Angeles, California, United States.

How much did GoFreight raise?
GoFreight raised $28 Million in a Funding Round round on November 14, 2022.
Who invested in GoFreight?
Red Building Capital, Cornerstone Ventures, Mucker Capital, Palm Drive Capital, LFX Venture Partners and Flex Capital And Headline are named as investors in this round.
What does GoFreight do?
GoFreight is the #1 cloud-based, all-in-one, software for the global freight forwarding industry.
Where is GoFreight based and how big is it?
GoFreight is based in Los Angeles, California, United States.

Source: Fundz verified event record.

Who else raised in E Commerce and Fintech around the same time

Companies in the same sectors as GoFreight that raised within 45 days of this round, from Fundz verified event records.

  • Shift4 Payments raised $4M (Seed) on December 19, 2022.
  • WeGift raised $31M (Series B) on November 15, 2022.
  • Shift4 Payments raised $7.9M on October 31, 2022.
  • Kudos raised $7M (Seed) on October 20, 2022.
  • REGO Payment Architectures raised $10M (Series B) on October 13, 2022.
  • FlapKap raised $3.6M (Seed) on October 12, 2022.

Who to call at GoFreight, and when

A new round usually means GoFreight is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day GoFreight raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at GoFreight, from your own LinkedIn network

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Company Information

Company

GoFreight

Location

Los Angeles, California, United States

About

GoFreight is the #1 cloud-based, all-in-one, software for the global freight forwarding industry. It simplifies the complexities of running all aspects of a freight forwarding business into a single platform, including shipment booking, forwarding operations, security filings, real-time visibility, customer-facing applications, accounting, and payment processing. GoFreight has helped numerous freight forwarders increase their revenue by 98%, profit by 178%, and saved 34% fines per shipment on average.

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GoFreight raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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