Parade secures $17M from I Squared Capital for AI endeavors
Anthony Sutardja, co-founder and CEO of Parade, told FreightWaves the new capital will go toward AI and RFP tools.
Anthony Sutardja, co-founder and CEO of Parade, told FreightWaves the new capital will go toward AI and RFP tools.
Brokerages can go digital without losing the human element that makes them unique.
Through digital quoting, Parade makes it easy to see if reps are taking advantage of every quote and improving margins.
Parade’s leading software learns from every carrier interaction received to better match brokers with the right carriers.
“There’s no other solution out there that has done this,” said Parade CEO and co-founder Anthony Sutardja. “We have really led the way in defining digital bidding and digital booking across our partner capacity networks.”
Parade’s capacity management solution integrates seamlessly with Tai’s TMS system to help freight brokerages
Parade garners impressive support from both Silicon Valley and Freight Alley.
Truckload capacity management platform Parade plans to grow its team, expand its capabilities and add third-party partners to increase its value to customers.
To discuss the need for automation and AI-driven solutions to reduce inefficiencies and increase flexibility, FreightWaves is partnering with Parade for a one-hour webinar on Thursday, December 2 at 2 p.m. ET. Featured speakers include Parade’s Head of Product Lindsay Watt, and our guest speaker FreightSaver’s CEO, Ryan Renne.
The desktop and mobile versions of the carrier portal will launch in mid-July, while the app will be released later in Q3.
The webinar series will run on April 2, 2020 from 10:00 a.m.-600 p.m. EDT, with a 10-minute introduction session at 9:45 a.m.
Charley Dehoney has written about the growth of digital freight brokerages and what they bring to the market and the industry.