Newtrul Raises $5M To Improve Freight Matching And Create Mission- Critical Software
Amount Raised
$5 Million
Round Type
Funding Round
Description
For decades, nothing has changed with how trucking companies book shipments. The industry is highly fragmented, making finding the right supplier an outdated, highly manual, time-consuming process. Historically, it has been difficult for technology companies to successfully integrate into Transportation Management Systems (TMS) to consolidate shipments, and while the concept of freight aggregation debuted about five years ago, it is in its infancy, and only about 5 percent of today's loads are booked digitally.
Quick answer
NEWTRUL raised $5 Million in a Funding Round round, dated October 31, 2022. NEWTRUL is based in Chicago, Illinois, United States.
- How much did NEWTRUL raise?
- NEWTRUL raised $5 Million in a Funding Round round on October 31, 2022.
- What does NEWTRUL do?
- In today's environment, it seems like every shipper, broker and TMS provider have their unique ways of connecting to carriers.
- Where is NEWTRUL based and how big is it?
- NEWTRUL is based in Chicago, Illinois, United States.
- Who are the decision-makers at NEWTRUL?
- Fundz holds 1 contact at NEWTRUL, including the Co-founder & CEO. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Transportation and Logistics around the same time
Companies in the same sectors as NEWTRUL that raised within 45 days of this round, from Fundz verified event records.
- PCS Software raised an undisclosed amount on September 21, 2022.
- Cargobase raised an undisclosed amount (Funding Round) on September 20, 2022.
- Leta raised $3M (Seed) on November 22, 2022.
- Ofload raised $60M (Funding Round) on November 14, 2022.
- K1x raised $15M (Funding Round) on December 15, 2022.
- CtrlStack raised $5.2M (Seed) on December 15, 2022.
Who to call at NEWTRUL, and when
A new round usually means NEWTRUL is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day NEWTRUL raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at NEWTRUL, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at NEWTRUL. With Fundz connected, it knows.
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Fundz sees it the moment NEWTRUL raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
NEWTRUL raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
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