Transfix, a NYC-based provider of an intelligent freight platform, raised $40M in Series F funding.
The round was led by New Enterprise Associates, G Squared, with participation from Canvas.
The company intends to use the funds to enhance its financial position, and support a path to profitability.
Led by CEO Jonathan Salama, Transfix Drives provides an intelligent transportation platform that combines enterprise-grade machine learning technology with software and dedicated supply chain experts to enable organizations to deliver long-term strategies and capacity planning, eliminating empty miles off the road and optimizing their networks at scale.
Today, Transfix connects shippers to nearly 30,000 carriers with real-time, many-to-many freight matching and the visibility they need to make their supply chains more efficient and environmentally responsible.
FinSMEs
19/10/2023