RoadSync Raises $30M in Series B Funding

RoadSync

RoadSync, an Atlanta, GA-based digital financial platform for the logistics industry, raised $30M in Series B funding.

The round was led by Tiger Global, with participation from current investors Base10 Partners, Hyde Park Venture Partners, and Gaingels.

The company intends to use the funds to accelerate the development of its product suite and continue recruitment of talent in product, engineering, operations, and sales.

Led by Robin Gregg, CEO, RoadSync provides a digital financial platform that automates the routine business expenses faced by truck drivers and their employers, delivering payments, oversight, and convenience for payers and their vendors. The system offers payment products for the entire supply chain – warehouses, trucks/carriers, repair/tow merchants, and brokers – integrating and automating the financial systems used in the logistics industry.

FinSMEs

25/06/2021