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Roadsync Raises $30 Million In Series B Funding Led By Tiger Global

Jun 24, 2021•about 4 years ago

Amount Raised

$30 Million

Round Type

series b

Atlanta

Description

RoadSync, an innovative digital financial platform for the logistics industry, today announces its $30M Series B funding. The round was led by Tiger Global, with participation by current investors Base10 Partners, Hyde Park Venture Partners, and one other new investor, Gaingels. With this raise, RoadSync will continue its automation of the financial systems that fuel the $800B logistics industry, supporting businesses at all points on the supply chain. RoadSync plans to use the new funding to accelerate the development of its expanding product suite and continue recruitment of top talent in product, engineering, operations, and sales.

Company Information

Company

Road Sync

Location

Atlanta, Georgia, United States

About

RoadSync is the digital financial platform for the logistics industry. By removing paper and phone calls from business transactions, RoadSync offers a fast, convenient, and secure way to move and manage money and conduct business, dramatically reducing payment processing time and maximizing revenue collection. RoadSync offers payment products for the entire supply chain – warehouses, trucks/carriers, repair/tow merchants, and brokers – integrating and automating the financial systems fueling the logistics industry. For more information, visit www.roadsync.com.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech