Logixboard Secures a $13 Million Series A Funding from Redpoint Ventures to Fuel the Future of Modern Freight Forwarding
Logixboard, Redpoint Ventures | April 29, 2021
Logixboard, the cutting edge client experience stage for cargo forwarders, shut a $13M speculation drove by Redpoint Ventures, with proceeded with cooperation from Social Leverage, F-Prime Capital, Founders Co-operation, Techstars Ventures, and others.
Cargo forwarders that handle the coordinations of transportation trillions of dollars worth of the most significant expense, stakes, and volume merchandise like immunizations, clinical supplies, and apparatus parts, have since quite a while ago did not have a cutting edge computerized stage for dealing with their client's experience.
Logixboard's foundation permits cargo forwarders to offer a similar advanced encounter and level of shipment straightforwardness to their clients that they have gotten acquainted with from purchaser shipment trackers offered by any semblance of Amazon, Wayfair, and Chewy. Without the assistance of arrangements like Logixboard cargo sending, clients are compelled to chase down refreshes through text, email, or calls. Furthermore, cargo forwarders are encountering an uptick in demands for proposition (RFP) that determine the requirement for an advanced stage for dealing with their shipments.
More than 80% of business transporters anticipate that online shipping visibility should be an essential capacity offered by their cargo forwarder so they can all the more precisely settle on store network choices and smooth out partner correspondences.
Promoting its obligation to turning into the business standard for an across-the-board client experience the executives' stage for cargo forwarders, Logixboard as of late dispatched its ETA highlight to help offer more straightforwardness into an expected season of appearance changes. The organization likewise plans to utilize the new financing to keep fabricating extra mixes and items that will offer expanded partner correspondence and constant perceivability, just as new capacities, for example, in-stage citing and appointments.
Logixboard is the main technology organization giving coordinations specialist co-ops (LSPs) with the capacity to give their clients an elite advanced encounter. Organizations worldwide influence our white-named stage to give transporters continuous perceivability into their shipments, share basic archives, send messages, see the investigation, and that's just the beginning. Logixboard assists LSPs with smoothing out tasks and separate themselves in the market to win new business and enjoyment clients.
About Redpoint Ventures
Redpoint has cooperated with visionary founders to make new business sectors and rethink existing ones since 1999. Redpoint puts resources into new businesses across the seed, early, and development stages, and is glad to have sponsored more than 538 organizations—including Snowflake, Looker, Kustomer, Twilio, 2U, DraftKings, Duo Security, HashiCorp, Stripe, Root Insurance, HomeAway, Heroku, Netflix, and Sonos—with 167 IPOs and M+A exits. Redpoint oversees $5.8 billion across different assets.