Autosled, an automotive digital logistics marketplace, has confirmed the closing of a $5 million Series A round. Leading the round was Lyndon Rive, who co-founded Solarcity.

Joining Rive in the Series A investment was Andrew Leto, founder of freight procurement marketplace Emerge. Leto invested through Arcturus Venture, his single family investment office that specializes in supporting tech enabled startups within the transportation and logistics sectors. Following Rive and Leto in this round was Dave Baggett, current CEO of Inky Technology and former COO and co-founder of ITA software, an airfare pricing engine platform acquired by Google in 2010 (now Google Travel). A group of individuals from the Georgetown Angel Investor Network, represented by Marc Suhlam, also participated in the round. This funding brings Autosled's total capital raised to more than $7 million.