The company intends to use the capital to extend the development, sales and marketing of its commercial freight platform (including its new “PRO” platform, currently in private beta, which allows business shippers and freight brokers to build their own carrier networks, as well as efficiently manage and automate their shipping operations), and mobile apps, as well as to expand its global presence (mainly in Latin America and Europe).
In conjunction with the funding, Maritza Liaw, Partner at KPCB, will join uShip’s Board of Directors.
Led by Matt Chasen, CEO and founder, the company operates a transportation marketplace that primarily serves the freight, household goods and vehicle shipping markets. It enables consumers and businesses to compare and book upfront quotes, name their own price or receive auction-style bids from thousands of customer-reviewed Transportation Service Providers, ranging from independent owner-operators to large freight carriers and brokers.
uShip is now localized in 18 countries and regions on five continents.