Logixboard Raises $4.2M in Seed Funding

Interior large warehouse with freight stacked high.Logixboard, a Seattle, WA-based digital partner for freight forwarders, raised $4.2m in seed funding.

The round was led by Social Leverage, with participation from F-Prime Capital, Founders’ Co-op, Techstars Venture Fund, Liquid 2 VC, Bragiel Brothers, and Tom Gonser, the Founder of Docusign. In conjunction with the funding, Social Leverage Partner, Gary Benitt, has joined Logixboard’s Board.

The company intends to use the funds to expand its platform and accelerate product innovation.

Led by Julian Alvarez, CEO, Logixboard provides a web-based end-to-end customer engagement platform for freight forwarders to give real-time visibility to their customers. Existing customers, like Transborder SAS, have processed millions of dollars in shipments using Logixboard.

With the new financing, the company will accelerate its vision of becoming the digital system of engagement for the global freight forwarding industry, automating quote and booking processes, deriving data insights, and building data integrations to other critical systems across the industry.

Logixboard, a recent graduate of Techstars, has offices in Bogota, Colombia.

FinSMEs

22/10/2019

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