Curri Raises 42M in Series B Funding

Curri, a Los Angeles, CA-based provider of a logistics platform for the industrial supply chain, raised 42m in Series B funding.

The round was led by Bessemer Venture Partners with participation from existing backers Initialized Capital, Brick & Mortar Ventures, Rainfall Ventures, and others.

The company intends to use the funds to

  • Accelerate product innovation by continuing to enhance the platform with new features and functionalities that improve the user experience for customers and drivers.
  • Improve operational efficiency by investing in processes and infrastructure to improve its operational efficiency and reduce costs.
  • Expand Sales and Marketing efforts, increasing their efforts for new customer acquisition.

Co-founded in 2018 by Matthew Lafferty & Brian Gonzalez, Curri provides an end-to-end logistics platform for businesses to manage their industrial supply chain. By offering logistics services and a nationwide elastic fleet, Curri helped their customers move over $1 billion worth of supplies across the United States last year enabling companies like Ferguson, Winsupply, Sherwin-Williams, Graybar, Johnstone Supply, and United Rentals to quickly and securely deliver complex loads ranging from heavy machinery to lighter loads such as pipes, pallets, large appliances, and water heaters.