Freightera Logistics, a Vancouver, Canada-based online marketplace for comparing freight costs and booking freight shipping services, received a seven-figure investment from Decathlon Capital Partners.
The exact amount of the deal was not disclosed.
The company intends to use the funds to accelerate sales growth and add new functionality to its online platform while expanding customer service capabilities.
Led by founder and CEO Eric Beckwitt, Freightera provides a marketplace that features rail services and SmartWay carriers committed to energy efficiency and reducing their carbon footprint.
The Freightera vision is to offer a better way to ship freight, the best way — easy, best priced, accessible and green.
The B2B freight service is now used by over 9,000 manufacturers, wholesalers, distributors and other businesses shipping freight in the US, Canada and US-Canada cross-border.