Uber Freight

Uber Freight

About

Company Stage

Series A

Employees

5,001-10,000

Industries

Automotive & Transportation, Enterprise Software

Total Funding

$486.4M

Headquarters

Chicago, Illinois

Founded

2017


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Simplify's Take

What believers are saying

  • Acquisition of Transplace increases Uber Freight's market share and operational efficiency.
  • Investment from Abu Dhabi Growth Fund indicates confidence in Uber Freight's growth.
  • Focus on core businesses post-autonomous division sale strengthens Uber Freight's resources.

What critics are saying

  • Competition from digital freight startups like Convoy and Loadsmart is intensifying.
  • Rising fuel costs are impacting freight operations' profitability.
  • Driver shortages could affect Uber Freight's service reliability.

What makes Uber Freight unique

  • Uber Freight's acquisition of Transplace enhances its logistics technology leadership.
  • Strong financial backing from major investors boosts Uber Freight's growth potential.
  • Integration of Transplace's technology with Uber Freight's network offers innovative supply chain solutions.

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Growth & Insights
Headcount

6 month growth

0%

1 year growth

3%

2 year growth

2%

Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Company Match

Parental Leave

Short- and Long-Term Disability Coverage

Life Insurance

Financial and Mental Wellness Benefits

Performance Bonus

Company Equity

Hybrid Work Options

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