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Parade Secures $12.7M Funding To Accelerate Expansion

Parade Secures $12.7M Funding To Accelerate Expansion

02/09/22, 8:00 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgsan francisco
Money raised
$12.7 million
Parade, the leader in carrier access and truckload capacity management platform software for freight brokers, announces securing $12.7M in Series A funding led by Menlo Ventures. The round includes investment from Greenhawk Capital, Jones Capital, and participation from leaders in supply chain & freight tech leaders. The company will use its latest investment to accelerate digital adoption, expand capabilities, grow its team, and strengthen connectivity with its third-party partner ecosystem.

Company Info

Company
Parade
Location
san francisco, california, united states
Additional Info
The company will use its latest investment to accelerate digital adoption, expand capabilities, grow its team, and strengthen connectivity with its third-party partner ecosystem. The platform works by layering on top of a freight broker’s existing systems, such as its Transportation Management System (TMS), to supercharge a freight broker’s capabilities to find availability of trucks, digitally transact loads, and grow business. Parade enables any freight brokerage to go digital by providing tools and infrastructure. About Parade Parade is the leader in software for freight brokers, offering truckload capacity management to drive carrier access and digital transformation.