SAN FRANCISCO, CA, Portex, the single, intuitive tool where shippers can handle everything related to freight management in one place, announced today $6.25 million in seed funding.
The round was led by Footwork and joined by Cowboy Ventures. Existing investors Susa Ventures and Base 10 also participated in the round.
Portex is an easy-to-use freight procurement and management software that helps shippers organize and save time on all logistics-related workflows across their existing carriers in one place.
Shippers of all sizes can centralize FTL, LTL, or international spot quotes and bids into one view, communicate across all their existing brokers/carriers via automated workflows and instant chat, view live shipment status, track carrier performance, and review pricing trends via auto-generated reports. By using Portex shippers have eliminated hundreds of emails and often 20+ hours of weekly manual tasks.
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