Loadsmart

Loadsmart

Logistics technology platform for freight management

About

Loadsmart offers a logistics technology platform that enables shippers, carriers, and brokers to manage their supply chains efficiently. Users can book freight instantly and access real-time pricing while utilizing various transportation methods like trucks, trains, and ships. The platform stands out by providing a user-friendly interface that allows quick pricing and matching of routes with carriers, along with mobile apps for on-the-go management. Loadsmart's goal is to simplify freight management and reduce costs through data-driven solutions.

Company Stage

Series D

Employees

201-500

Industries

Data & Analytics, Automotive & Transportation

Total Funding

$334.3M

Headquarters

New York City, New York

Founded

2014


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Simplify's Take

What believers are saying

  • Loadsmart's acquisition of NavTrac enhances its computer vision capabilities.
  • The partnership with e2open expands Loadsmart's reach to over 45,000 carrier partners.
  • Loadsmart's inclusion in the Inc. 5000 list highlights its rapid growth.

What critics are saying

  • The logistics market is highly competitive with numerous established players.
  • Economic downturns can impact freight demand and Loadsmart's revenue.
  • Technological disruptions could challenge Loadsmart's current platform offerings.

What makes Loadsmart unique

  • Loadsmart offers instant freight booking and real-time pricing for shippers.
  • The platform integrates TMS for efficient, transparent, and automated freight management.
  • Loadsmart's FreightIntel AI provides actionable transportation insights for shippers.

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Growth & Insights
Headcount

6 month growth

-4%

1 year growth

-11%

2 year growth

-32%

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