Loadsmart Raises $200 Million In Series D Financing, Reaching $1.3 Billion Valuation
Feb 01, 2022•over 3 years ago
Amount Raised
$200 Million
Round Type
series d
Description
Loadsmart, a leading freight technology company, today announced it has closed a $200 million round of Series D financing led by SoftBank Latin America Fund, part of the SoftBank Group, with participation from Series C investor funds and accounts managed by BlackRock, rail transportation supplier CSX Corporation (Nasdaq: CSX), and global active asset manager Janus Henderson Group. The significant cash infusion now values the company at $1.3 billion, more than three times its Series C valuation just over one year ago.
Funding Insights
Based on industry dataTech investment trends
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