Freight forwarding software startup Logixboard lands $13M

29 Apr, 2021

Freight forwarding software startup Logixboard lands $13M
Photo by Viktor Forgacs on Unsplash

– Logixboard, a Seattle startup that helps companies manage and control their freight operations, raised a $13m Series A round.
– The round was led by Madrona Venture Group and joined by other investors.
– The company sells a customer engagement platform for the freight forwarding industry.
– The idea is to take a manual process — managing freight shipments by phone, email, Excel, etc. — and instead use software to automate parts of the process while providing data insights.
– The company says it helps customers win — or win back — contracts from Flexport, the freight forwarding startup that was valued at $3.2 billion in 2019.
– Logixboard saw a big bump in customers over the past year as more goods were shipped, ports were congested, and shipping containers were more sparse.

Enterprise Software Freight Service Logistics North America SaaS Shipping Software Transportation
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