Tech Company Financing Transactions
Flock Freight Funding Round
Flock Freight, based in Solana Beach, scored $113.5 million from SoftBank Vision Fund, GLP and GV.
Transaction Overview
Company Name
Announced On
12/2/2020
Transaction Type
Venture Equity
Amount
$113,500,000
Round
Undisclosed
Investors
Proceeds Purpose
Flock Freight will use the funding to accelerate developments for the company's algorithmic pooling technology, which transforms existing less-than-truckload (LTL) and truckload (TL) shipping processes.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
240 S Cedros Ave. 200
Solana Beach, CA 92075
USA
Solana Beach, CA 92075
USA
Phone
Website
Email Address
Overview
Flock Freight, the only hubless business-to-business freight logistics company, is transforming the freight industry. With its proprietary pooling technology and algorithms, Flock Freight eliminates terminals and optimizes underutilized supply.
Management Team
Title
Name
Email & Social
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