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Repowr Raises $4.2 Million Seed Round To Advance Shared-Asset Visibility Technology For Logistics Companies

Mar 15, 2022•over 3 years ago

Amount Raised

$4.2 Million

Round Type

seed

Birmingham

Description

REPOWR, a collaborative logistics marketplace and digital-leasing platform aiming to bring visibility and value to underutilized transportation equipment, today announced it closed a $4.2 million Seed round. The round was led by Koch Disruptive Technologies (KDT), the growth and venture arm of Koch Industries, Inc., with participation from Perot Jain Alliance, Plug and Play Venture Group, and a number of strategic angel investors.

Company Information

Company

Repowr

Location

Birmingham, Alabama, United States

About

REPOWR is refining the way transportation companies utilize over-the-road equipment by pioneering the world's first connected, collaborative asset-sharing platform. REPOWR's technology equips logistics companies to seamlessly share and manage assets across locations, teams, and networks. For more information, visit repowr.com. SOURCE REPOWR