Y Combinator

Freight coordination platform Cartage has raised $3.3 million in a funding round led by Y Combinator. The company, founded by industry veterans, is using AI to streamline logistics without forcing brokers, shippers or carriers to change their preferred communication methods.

Co-founder and Chief Strategy Officer Justin Bailie told FreightWaves that Rose Rocket has seen 47x growth since its last raise in 2021 by focusing on product-led expansion.

“It’s well documented how big this market is and how ripe for disruption this market is,” says Rose Rocket CSO Justin Bailie.

Breakout List curates a list of startups that have a high possibility of success, thus making it easier for startup-inclined people to choose a company they would want to work in.

Proceeds to fund service expansion.