Flock Freight raises $60M in Series E funding to enhance its shared truckload model, led by ONeil Strategic Capital.
Flock Freight raises $60M in Series E funding to enhance its shared truckload model, led by ONeil Strategic Capital.
05/14/25, 12:56 PM
Location
encinitasMoney raised
$60 million
Industry
logistics
transportation
Round Type
series e
Investors
Glp Capital Partners, Signal Fire, Susquehanna Private Equity Investments, O Neil Strategic Capital
Flock Freight has announced a $60 million Series E funding round, reinforcing its commitment to shared truckload technology. The funding, led by ONeil Strategic Capital and joined by investors such as Susquehanna Private Equity Investments, SignalFire, and GLP Capital Partners, underscores Flock Freight's determination to optimize freight efficiency. The Series E funding will support Flock Freight's initiatives to hire top technologists and expand integration capabilities. Dean Carlson from Susquehanna International Group will join Flock Freight's board to assist in its growth.
Company Info
Location
encinitas, california, united states
Additional Info
Flock Freight is a logistics technology company that focuses on optimizing freight efficiency through its innovative Shared Truckload (STL) model. This model allows shippers to pay only for the space they use, leading to better service and lower costs. The company utilizes an AI-powered optimization engine to enhance load efficiency, making it a leader in the FreightTech sector. Flock Freight is committed to advancing its technology to create a more sustainable freight industry.