MyCarrier, a Scottsdale, Ariz.-based tech-enabled transportation management platform designed to innovate the shipment workflow process and provide shipping data transparency, closed an $8m Series A funding round.
The round was co-led by Greycroft and Lerer Hippeau, with participation from Andrew Leto, Founder and CEO of Emerge.
The company intends to use the funds to continue to invest in technology.
Co-founded in 2017 by Chris Scheid and Michael Bookout, MyCarrier provides a platform that streamlines the freight shipping process to offer customers direct access to carriers for shipping needs, bypassing intermediaries and eliminating system contracts. Through the connectivity of modern and dynamic APIs, the company gives customers the ability to compare rates and shipments, identify shipping commitments and exceptions, and track deliveries. The platform connects directly with over 99% of freight revenues to digitize and streamline the freight shipment process for both shippers and carriers.
MyCarrier’s platform has attracted the top technology forward collaborators including Old Dominion Freight Line, Saia LTL Freight, ArcBest, and more.