Fundz

Newtrul Raises $5M To Improve Freight Matching And Create Mission- Critical Software

PRIVATEOct 31, 2022

Amount Raised

$5 Million

Round Type

Funding Round

ChicagoSoftwareTransportationLogisticsSaaS

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 The industry is highly fragmented, making finding the right supplier an outdated, highly manual, time-consuming process.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

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Company Information

Company

NEWTRUL

Location

Chicago, Illinois, United States

About

In today's environment, it seems like every shipper, broker and TMS provider have their unique ways of connecting to carriers. The problem? Carriers, particularly mid sized fleets, aren't willing participants. Fleet managers don't want their drivers downloading mobile applications, but they also don't have the time to log into 75+ different portals. Today, the carrier with 20+ trucks in their fleet, spends more time sourcing a shipment than a broker does a truck! Through integrations with our clients, we pull in available shipment data and provide a metasearch engine for carriers to search, bid or book and execute. This not only makes it easier on the carrier, but the shippers and brokers reap the benefits of a lower cost to serve. Its a win-win-win!

AI made execution free. Knowing first is the whole game now.

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

1 contact
Verified contactsEd S., Co-founder & CEO hidden hidden hiddenSee plans and pricing
Predictive Intelligence
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ML-powered predictions for NEWTRUL's next move

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NEWTRUL 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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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.