Tech Company Financing Transactions
Parade Funding Round
Parade, based in San Francisco, raised $17 million from I Squared Capital, 9Yards Capital and Earthshot Ventures.
Transaction Overview
Company Name
Announced On
9/14/2023
Transaction Type
Venture Equity
Amount
$17,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to develop and enhance more products that accelerate freight brokers' ability to transact freight at scale, including the use of Generative AI to turn conversations into freight bookings, and to expand and deepen its integration ecosystem with new and existing partner transportation management systems (TMS), load boards, rating benchmarks, visibility platforms, and compliance solutions.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
1160 Battery St. 100
San Francisco, CA 94111
USA
San Francisco, CA 94111
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Parade, founded in 2015, is headquartered in San Francisco, CA. It was founded with the vision of changing the way freight is moved. For too long, logistics parties have been underserved with few technological advancements. Parade is changing that storyline, continuously innovating to deliver the digital transformation that logistics teams deserve.
Management Team
Title
Name
Email & Social
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We report on every notable VC transaction. VC investment data records reported here come from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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