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FourKites Lands $100M Series D Investment

2021-03-24
CHICAGO, IL, FourKites has closed on a $100 million investment round led by Thomas H. Lee Partners.
FourKites has closed on a $100 million investment round led by THL, which was joined by strategic investors Zebra Technologies, Volvo Group Venture Capital, and Qualcomm Ventures.

FourKites is re-shaping the logistics industry for real-time transparency and efficiency. FourKites provides comprehensive real-time tracking and supply chain visibility solutions across transportation modes and digital platforms. Using FourKites, the shipper, the broker, and the carrier can share the same, real-time truck location and shipment status information -- from more than 45 onboard GPS/ELD systems used by fleets to individual owner-operator smartphones and flip phones. Bypassing phone calls and EDI, FourKites saves time and money across the transportation spectrum. Best of all, nothing falls through the cracks.
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