LOS ANGELES, CA, GoFreight has announced that it raised $23 million in a Series A funding.
The round was co-led by Flex Capital and Headline. The round includes participation from LFX Venture Partners, Palm Drive Capital, and existing investors like LA-based Mucker Capital, Cornerstone Ventures, and Red Building Capital.
GoFreight is the #1 cloud-based, all-in-one, software for the global freight forwarding industry. It simplifies the complexities of running all aspects of a freight forwarding business into a single platform, including shipment booking, forwarding operations, security filings, real-time visibility, customer-facing applications, accounting, and payment processing. GoFreight has helped numerous freight forwarders increase their revenue by 98%, profit by 178%, and saved 34% fines per shipment on average.
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