Tech Company Financing Transactions

Carpool Logistics Funding Round

Carpool Logistics closed a $12 million Series A funding round on 3/12/2025. Investors included Wavecrest Growth Partners, CarMax and private investors.

Transaction Overview

Company Name
Carpool Logistics
Announced On
3/12/2025
Transaction Type
Venture Equity
Amount
$12,000,000
Round
Series A
Investors

Wavecrest Growth Partners (Lead Investor)

CarMax

private investors (David Metter)

private investors (Devin Daly)

private investors (Michael Quigley)

Proceeds Purpose
The company intends to use the funds to accelerate its growth across multiple fronts: enhancing the technology platform, expanding product development, optimizing logistics capabilities, and scaling sales and marketing efforts to drive customer acquisition and market expansion.

Company Information

Company Status
Private & Independent
Industry
Transportation
Mailing Address
3423 Piedmont Rd NE 250
Atlanta, GA 30305
USA
Phone
(404) 445-6597
Website
www.carpoollogistics.com
Email Address
[email protected]
Overview
Carpool Logistics is an automotive logistics company that leverages technology to optimize vehicle shipping. Our marketplace connects vehicle shippers with auto haulers that have available space on their truck. We see logistics as a complex puzzle and focus on developing smarter tools to solve the riddle.
Profile
Carpool Logistics LinkedIn Company Profile
Social Media
Carpool Logistics Company Twitter Account
Company News
Carpool Logistics News
Facebook
Carpool Logistics on Facebook
YouTube
Carpool Logistics on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Michael Malakhov
  Michael Malakhov LinkedIn Profile  Michael Malakhov Twitter Account  Michael Malakhov News  Michael Malakhov on Facebook
Co-Founder
Terrence Jackson
  Terrence Jackson LinkedIn Profile  Terrence Jackson Twitter Account  Terrence Jackson News  Terrence Jackson on Facebook
Co-Founder
Eric Morris
  Eric Morris LinkedIn Profile  Eric Morris Twitter Account  Eric Morris News  Eric Morris on Facebook
Co-Founder
Joe Norton
  Joe Norton LinkedIn Profile  Joe Norton Twitter Account  Joe Norton News  Joe Norton on Facebook

 

 

Browse more venture capital transactions:

Prev: 3/12/2025: Amperon venture capital transaction
Next: 3/12/2025: Dance venture capital transaction

 

Share this article

 

About Database of VC Transactions

Our team works diligently to report on tech company VC transactions. VC transactions reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 

Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary

 

Copyright © 2001-2025. Gaebler Ventures. All rights reserved.