Tech Company Financing Transactions
Flock Freight Funding Round
Flock Freight closed a $50 million Series B funding round on 2/26/2020. Investors included GLP, SignalFire and private investors.
Transaction Overview
Company Name
Announced On
2/26/2020
Transaction Type
Venture Equity
Amount
$50,000,000
Round
Series B
Investors
GLP (Lead Investor) (Alan Yang)
SignalFire (Lead Investor) (Chris Farmer)
Proceeds Purpose
With this funding round, Flock Freight will expand FlockDirect, its hubless pooling product that utilizes proprietary algorithms to pool multiple less-than-truckload (LTL) and partial-truckload (PTL) freight shipments so they can be shipped via full truckload service, into a mid-market and enterprise-level solution for businesses across the country.
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.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Oren Zaslansky
Chief Financial Officer
Peter Price
VP - Engineering
Luis Saenz
VP - Marketing
Jeffrey Lerner
VP - Operations
Peter Frys
VP - Sales
Kevin McMaster
VP - Sales
Justin Turner
Browse more venture capital transactions:
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