Friday, November 8, 2024
14.2 C
New York

project44: Raises $100M in Funding

  • project44, a Chicago, IL-based global leader in supply chain visibility for shippers and logistics service providers (LSP), closed a Series D financing round of $100M
  • The round was led by Insight Partners with participation from 8VC, Emergence Capital, Omidyar Technology Ventures, Sapphire Ventures, Sozo Ventures, and Underscore VC
  • The company intends to use the funds for global expansion of its multimodal carrier network as well as for new product innovations
  • Led by Jett McCandless, CEO, and founder, project44 is a provider of real-time transportation visibility with more than 400 enterprise customers
  • In 2020, the company signed 135 new customers, as well as numerous customer expansions
  • To date, project44 has raised $241M

Hot this week

Banking as a Service: Meaning, Examples, Benefits and Future

The push for open banking has led to a...

What is Fintech?

Fintech: A term used to refer to innovations in...

Best fintech blogs and websites

Fintech (financial technology) has been an interesting part of...

How to buy shares online

Buying shares online in India has come a long...

Is it worth investing in life insurance over 60?

Is it worth investing in life insurance over 60? As...
Exit mobile version