E-commerce funding platform 8fig raises $140M
E-commerce funding platform 8fig has raised $140 million to help online sellers expand their profitability and market reach.
E-commerce funding platform 8fig has raised $140 million to help online sellers expand their profitability and market reach.
“We are a data company that happens to be applying our data points to solving problems in supply chain,” says Dray Alliance co-founder and CEO Steve Wen.
“This is the largest amount of funding that has been dedicated to building a complete business management solution for trucking entrepreneurs and we are excited to be leading the charge here,” says CloudTrucks CEO Tobenna Arodiogbu.
“While the front end of commerce has seen significant innovation over the past decade, much of the back end of the supply chain is built on disparate systems and manual processes,” says an Orderful investor.
“Meeting customers where they need us most has been a relentless focus of the team since inception,” says the co-founder and CEO of Bolt Logistics.
The e-commerce-as-a-service provider gets a raise, led by Oak HC/FT.
“There was a large amount of venting and frustration coming from their trading desks as they would wait hours for updates on what inventory was available to buy or sell.”
“With this investment, we’re able to add even greater resources to the pursuit of our mission: to make our customers’ supply chains their competitive advantage.”
“With insurance costs and driver turnover skyrocketing over the past several years, our mission is to help fleets overcome these challenges and create a safety culture that is not only valued by their drivers but also their insurance providers,” said co-CEO of Idelic.
Slync.io, a Dallas-based operating system for global logistics, announced the close of its $60 million Series B funding round.
Dolly has raised $7.5 million in Series B funding, which is expected to expedite Dolly’s entrance into new markets and also help grow its operational and technical teams.
FreightWaves has closed $20 million in Series B funding from large strategic investors including Hearst Ventures, Prologis Ventures, and Revolution Ventures
Zoovu solves issues that consumers face with massive inventory lists on ecommerce platforms, by asking relevant questions and displaying only the curated items that match the preferences of the consumer.
Beijing-based startup Geek+ is a pioneer of AI-enabled logistics robots for warehouses, and is powering technological transformation of the logistics industry.
The company provides location-specific, short-term weather forecasts by utilizing hyper-sensing technologies like wireless communication networks instead of depending solely on government radar.