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Venture Capital News: Loadsmart Secures $200M Series D Financing

2022-02-01
CHICAGO, IL, Loadsmart, a leading freight technology company, today announced it has closed a $200 million round of Series D financing.
The round was led by SoftBank Latin America Fund, part of the SoftBank Group, with participation from Series C investor funds and accounts managed by BlackRock, rail transportation supplier CSX Corporation (Nasdaq: CSX), and global active asset manager Janus Henderson Group. The significant cash infusion now values the company at $1.3 billion, more than three times its Series C valuation just over one year ago.

Transforming the future of freight, Loadsmart leverages technology and logistics data to build efficiency around how freight is priced, booked and shipped. Pairing comprehensive logistics technology with deep-seated freight industry expertise, Loadsmart fuels business growth, simplifies operations and increases efficiency for carriers and shippers alike. For more information, please visit: https://loadsmart.com. Move more with less.
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