Tech Company Financing Transactions
Arrive Logistics Funding Round
Arrive Logistics, based in Austin, received $25 million from Lead Edge Capital and private investors.
Transaction Overview
Company Name
Announced On
6/19/2019
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Series B
Investors
Lead Edge Capital (Lead Investor)
Proceeds Purpose
Proceeds from this financing will be used to fund our growth, accelerate investments in our proprietary technology and further build our team.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
4407 Monterey Oaks Blvd. 150
Austin, TX 78749
USA
Austin, TX 78749
USA
Phone
Website
Email Address
Overview
Industry experts Matt Pyatt and Eric Dunigan started with an idea, creating a modern freight brokerage fueled by a robust carrier side, best in class technology and a passion for customer service. In order to truly serve both shippers and carriers Arrive decided early on to aggressively invest in what drives results. On July 14, 2014 Arrive was Born.
Management Team
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We do our best to document every notable VC transaction. VC investment data records reported here are sourced from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.
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