Tech Company Financing Transactions
FreightWaves Funding Round
On 5/24/2021, FreightWaves raised $16 million in funding from Triangle Peak Partners, 8VC and Fontinalis Partners.
Transaction Overview
Company Name
Announced On
5/24/2021
Transaction Type
Venture Equity
Amount
$16,000,000
Round
Undisclosed
Investors
Proceeds Purpose
This additional capital will help us speed investment in the FreightWaves Carbon Intelligence platform, while maintaining a very strong balance sheet for opportunistic investments such as acquisitions and product development.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
1500 Chestnut 106
Chattanooga, TN 37408
USA
Chattanooga, TN 37408
USA
Phone
Website
Email Address
Overview
Freight markets are under attack from digitization, volatility, regulations, and cyclical and secular trends. Market participants need near-time analytics and commentary about the overall market. FreightWaves is a data and content forum that provides market participants with near-time analytics on the state of the freight market and tools that provide actionable outcomes.
Management Team
Title
Name
Email & Social
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We do our best to record funding rounds that are announced publicly. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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