Freight Transportation Company 10-4 Systems Raises $13.9M

10-4 Systems, a Boulder, CO-based provider of supply chain visibility technology to freight carriers, brokers, and shippers, secured $13.9M in Series A financing.

The round was led by GlobalTranz co-founder Andrew Leto. In conjunction with this financing, 10-4 has completed a spin-off from GlobalTranz.

The company will use the funds for product development and customer acquisition.

Founded in 2012 within GlobalTranz and led by Travis Rhyan President and CEO, 10-4 has developed software for freight transportation companies to improve visibility and communication of their inbound and outbound shipments. Its exchange connects carriers, brokers, and shippers to move and track freight in real-time while a lightweight app allows users to have shipment visibility and document capture right on their smart phone.

FinSMEs

27/06/2016

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