Loadsmart

Loadsmart

Helps shippers move their freight fast and carriers keep trucks full.

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Late VC
Total Funding000k
More about Loadsmart
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Loadsmart is a cutting-edge logistics technology platform that revolutionizes the way shippers, carriers, and brokers manage their supply chains. By leveraging advanced data science, engineering expertise, and top-notch customer support, Loadsmart offers a seamless integration that allows users to book freight instantly, access real-time pricing, and tap into intermodal capacity (using multiple forms of transportation like trucks, trains, and ships).

The company primarily serves shippers (businesses that need to move goods), carriers (companies that transport goods), and brokers (intermediaries who connect shippers with carriers). Loadsmart operates in the logistics and transportation market, focusing on optimizing the entire freight procurement process. This includes services like Full Truckload (FTL), Port Drayage (transporting goods over short distances), and multimodal shipping.

Loadsmart's business model is built around providing technology solutions that streamline logistics operations. They make money by offering a suite of services that include instant freight booking, real-time pricing, and managed transportation services. These services help clients optimize dispatch, reduce overhead costs, and scale their fleets efficiently. For example, shippers can price 1,000 lanes (routes) in just one minute, match their contracted lanes with the best available carriers, and run mini bids easily through a single, user-friendly tool.

Additionally, Loadsmart offers specialized apps for both iOS and Android, making it easy for users to manage logistics on the go. Their platform also supports TMS (Transportation Management System) integrations, providing data insights and mode optimization to ensure that freight is moved in the most efficient, transparent, and automated way possible.

In summary, Loadsmart is transforming the logistics industry by providing innovative, data-driven solutions that make freight management more efficient and cost-effective.

Keywords: logistics, technology, freight, shippers, carriers, brokers, real-time pricing, intermodal, managed transportation, data insights.

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Investments by Loadsmart

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NavTrac
ACQUISITION by Loadsmart Sep 2023
Kamion
ACQUISITION by Loadsmart Nov 2021
Opendock
ACQUISITION by Loadsmart Nov 2021