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Oway raises $4M to revolutionize the freight industry with a decentralized Uber-like model.

Aug 22, 202512 days ago

Amount Raised

$4 Million

Round Type

seed

San FranciscoLogisticsTransportation

Description

Oway has successfully secured $4 million in funding to innovative its freight service model. The company aims to disrupt the traditional freight industry by implementing a decentralized approach similar to popular ride-sharing services. This funding will be utilized to enhance their platform and expand operations. Investors are excited about the potential for growth in this sector.

Company Information

Company

Oway

Location

San Francisco, California, United States

About

Oway is a rideshare freight platform that sells unused space in actively moving trucks at up to 50% off market rates. Trusted by thousands of businesses from multi-billion dollar enterprises to small mom-and-pops, Oway is cheaper, faster, and safer than traditional freight alternatives - while being great for the environment too.

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