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Telegraph, A Leader In Railway Logistics, Announces $10M In Series A Funding

PRIVATEDec 06, 2022

Amount Raised

$10 Million

Round Type

Series A

ChicagoTransportationSupply Chain ManagementLogistics

Investors

8VCConstruct CapitalExtra Credit VenturesMotivate Venture CapitalYards CapitalSlow VenturesCrosslink Capital

Description

Telegraph, a Chicago-based leader in building next-generation software for the freight rail industry, today announced $10.1 million in Series A funding. The latest round of funding was led by Crosslink Capital with participation from Slow Ventures, 9 Yards Capital, Motivate Venture Capital, and Extra Credit Ventures, as well as returning investors Construct Capital, 8VC, and BoxGroup. The funds will be used for hiring across all roles to enable expansion of the existing offering and growth of new platform features and functionality.

Quick answer

Telegraph raised $10 Million in a Series A round, dated December 6, 2022. Investors: 8VC, Construct Capital, Extra Credit Ventures, Motivate Venture Capital, Yards Capital, Slow Ventures and Crosslink Capital. Telegraph is based in Chicago, Illinois, United States.

How much did Telegraph raise?
Telegraph raised $10 Million in a Series A round on December 6, 2022.
Who invested in Telegraph?
8VC, Construct Capital, Extra Credit Ventures, Motivate Venture Capital, Yards Capital, Slow Ventures and Crosslink Capital are named as investors in this round.
What does Telegraph do?
Telegraph's cloud-based operating system uses cutting-edge technology to bring instant visibility and seamless logistics to the freight rail supply chain.
Where is Telegraph based and how big is it?
Telegraph is based in Chicago, Illinois, United States.

Source: Fundz verified event record.

Who else raised in Transportation and Supply Chain Management around the same time

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

  • Jumppoint raised $6.5M (Series A) on January 12, 2023.
  • Frayt Technologies raised $6.4M on December 19, 2022.
  • ISEE raised $40M (Series B) on November 17, 2022.
  • GoodShip raised $2.4M (Seed) on October 31, 2022.
  • Outrider raised $73M (Series C) on January 19, 2023.
  • ESP Technology & Logistics raised $5M (Series A) on January 16, 2023.

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Company Information

Company

Telegraph

Location

Chicago, Illinois, United States

About

Telegraph's cloud-based operating system uses cutting-edge technology to bring instant visibility and seamless logistics to the freight rail supply chain.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Telegraph 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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