Loadsmart

Loadsmart is an on-demand digital freight platform on a mission to help shippers and carriers move more with less. Follow Visit website.

Loadsmart is a place to receive instant quotes, book a truck in seconds, and track your shipment from pickup to delivery.

Loadsmart was founded in 2014 by Ricardo Salgado, alongside with Felipe Capella. The company is headquartered in Chicago, Illinois.

 

Loadsmart leverages technology to build efficiency around how freight is priced, booked and shipped. The company introduced the first transparent instant pricing and booking experience for truckload shippers in the U.S., and created the first API framework for its distribution.

 

Loadsmart has expanded beyond full truckload (FTL) shipments to other modes that include less than truckload (LTL), partial truckload, and rail. The company also offers software solutions, such as freight procurement software (RFP Guide), a trucking ERP system (Kamion) and a leading standalone dock appointment solution for warehouses (OpenDock).

 

Loadsmart's carrier network has grown to more than 680,000 trucks, its freight procurement software processes hundreds of millions of dollars in freight, and 600,000 dock appointments have been scheduled through its software in the past month alone. 

 

Loadsmart is backed by BlackRock, SoftBank Latin America Fund, Maersk Growth, CSX Corporation, Connor Capital, Janus Henderson Group, Chromo Invest, TFI International, Ports America, and others. The company raised $200M in Series D round on Feb 01, 2022. This brings Loadsmart's total funding to $346.4M to date. The latest round mints Loadsmart a unicorn with a valuation of $1.3B post-money.

 

 

  • Year founded: 2014
  • Funding Info: $346.4M over 6 Rounds (Latest Funding Type: Series D)
  • Yearly Revenue: NA
  • Employee Size: 501-1,000
  • Business Valuation: Valued at $1.3B as of Feb 01, 2022
  • City/Town: Chicago
  • State: Illinois
  • Country: United States
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