uShip, an Austin, Texas- and Amsterdam, The Netherlands-based online shipping marketplace and freight automation software provider, closed a $25M Series D funding.
The round was led by DB Schenker, a large logistics company and existing uShip partner. Last July, DB Schenker and uShip announced a five-year agreement worth tens of millions to create “Drive4Schenker”, an online trucking platform, powered by uShip PRO, its enterprise freight automation technology.
The company, which has raised $50M to date, plans to use the funds to accelerate development of its logistics software platform for key business segments, including high-volume enterprise shippers and small and midsize businesses (SMB) shipping less-than-truckload (LTL) freight.
Led by Mike Williams, CEO, uShip is an online shipping, transport and freight marketplace that enables individuals to enterprises, and any business with freight, to price-search, book and ship anything they want to move—locally or globally.
From cars to cranes, freight to furniture, and beyond, uShip’s platform enables 800,000 feedback-rated service providers to compete for business.
uShip operates globally in 19 countries.