Fundz

Portex raised $6.25 million in a seed round led by Footwork to develop AI technologies for freight management tailored for small to mid-sized companies.

PRIVATESep 05, 2024

Amount Raised

$6.25 Million

Round Type

Seed

San FranciscoSoftwareLogisticsSaaS

Investors

Base 10Susa VenturesCowboy VenturesFootwork

Description

Portex announced $6.25 million in seed funding to enhance its AI-focused product development aimed at automating freight management. The round was led by Footwork, with participation from Cowboy Ventures, Susa Ventures, and Base 10.

Quick answer

Portex raised $6.25 Million in a Seed round, dated September 5, 2024. Investors: Base 10, Susa Ventures, Cowboy Ventures and Footwork. Portex is based in San Francisco, California, United States.

How much did Portex raise?
Portex raised $6.25 Million in a Seed round on September 5, 2024.
Who invested in Portex?
Base 10, Susa Ventures, Cowboy Ventures and Footwork are named as investors in this round.
What does Portex do?
Portex is an innovative platform designed to streamline freight management for small- to mid-sized companies.
Where is Portex based and how big is it?
Portex is based in San Francisco, California, United States.
Who are the decision-makers at Portex?
Fundz holds 1 contact at Portex. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Logistics and SaaS around the same time

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

  • BackOps.ai raised $2M (Pre-Seed) on October 16, 2024.
  • Mentora raised $300K (Pre-Seed) on October 19, 2024.
  • GoMetro raised $191K (Pre-Seed) on October 17, 2024.
  • Wrksense raised $899K (Pre-Seed) on October 16, 2024.
  • Alchemyst AI raised $300K (Pre-Seed) on October 16, 2024.
  • Vendorvue raised $1.5M (Seed) on October 16, 2024.

Who to call at Portex, and when

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

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Company Information

Company

Portex

Location

San Francisco, California, United States

About

Portex is an innovative platform designed to streamline freight management for small- to mid-sized companies. It centralizes communication and processes related to freight, making tasks more efficient and reducing costs significantly. The software is broker-agnostic, allowing shippers to connect with multiple carriers based on their needs. By utilizing AI, Portex enhances product development and improves operational efficiencies.

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