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Freightify, a SaaS platform for FREIGHT RATE MANAGEMENT, has secured $12 million in a Series A round of investment, which was headed by Sequoia Capital India and included contributions from TMV and Alteria Capital. Previous investors Nordic Eye Venture Capital and Motion Ventures are also participating in the round. The investment round includes a combination of loans and equity.<br>
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Search here ... From Sequoia Capital India, Freightify secures $12 million Home - Fund Raising - From Sequoia Capital India, Freightify secures $12 million Fund Raising February 3, 2023 Freightify, a SaaS platform for FREIGHT RATE MANAGEMENT, has secured $12 million in a Series A round of investment, which was headed by Sequoia
Capital India and included contributions from TMV and Alteria Capital. Previous investors Nordic Eye Venture Capital and Motion Ventures are also participating in the round. The investment round includes a combination of loans and equity. Through its portfolio of exclusive products, Freightify asserts that it is enabling the digital transformation of freight forwarders. The business previously raised $2.5 million in 몭nance, increasing the total amount raised to $14.5 million. Future Planning Due to its development aspirations, it will utilise the cash to improve product offerings, add new functionality, boost brand recognition worldwide, create channel relationships, extend its sales presence globally, and reinforce marketing. Additionally, the business will spend money on hiring. Staff Sayings The CEO of Freightify, Raghavendran Viswanathan, stated, their objective is to democratise technology for freight forwarders. They work to address these problems by providing them and their clients with a live pricing platform that displays prices in real-time on a single screen, similar to those used by passengers to compare fares. The company’s 몭eld salespeople have extensive knowledge of the freight sector, and product and engineering teams are highly trained and capable of delivering a solid product roadmap. He said they are establishing a powerful marketing operation. They have been pleased by the company’s shared aim to democratise technology for the freight forwarding ecosystem, according to existing Freightify investor and manager Ib Drachmann. They are pleased to see Freightify expanding on such a large scale, acquiring new logos throughout the globe, and enhancing the capabilities of its platform. Due to this, they are supporting Freightify even more.
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