Tech Company Financing Transactions
PortPro Funding Round
Avenue Growth Partners participated in a $12 million Series A capital raise for PortPro. The round was announced on 1/26/2023.
Transaction Overview
Company Name
Announced On
1/26/2023
Transaction Type
Venture Equity
Amount
$12,000,000
Round
Series A
Investors
Avenue Growth Partners (Lead Investor) (Ryan Russell)
Proceeds Purpose
The company will use the funds to Expand Technology Solutions for Drayage Carriers.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
78 John Miller Way 2115
Kearny, NJ 07302
USA
Kearny, NJ 07302
USA
Phone
Undisclosed
Website
Email Address
Overview
Meet PortPro's drayOS 2. The latest and most premier operating system for drayage carriers. Developer of a transportation management system designed to assist container drayage carriers and customer support teams. The company's platform offers a range of features including a customer management system, AI-based order entry, geofencing, driver information management, truck and container tracking, billing and settlements through system-generated documentation and more, enabling customers to receive load status updates, access documentation and have visibility over their containers.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Michael Mecca
Chief Marketing Officer
Angela Earl
Chief Technical Officer
Srinivasa Sarma
VP - Engineering
Dharmesh Khunt
VP - Sales
Daniel Baca
Browse more venture capital transactions:
Prev: 1/26/2023: Tetra Pharm Technologies venture capital transaction
Next: 1/26/2023: iSeller venture capital transaction
Share this article
News on VC Transactions
We do our best to report on every notable VC transaction. VC investment data records on this site are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs