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About MyCarrier
Industries
Data & Analytics
Automotive & Transportation
Enterprise Software
Company Size
51-200
Company Stage
Series B
Total Funding
$29.2M
Headquarters
Scottsdale, Arizona
Founded
2017
Overview
MyCarrier offers an intuitive web platform for LTL/FTL shippers, featuring advanced tracking and reporting technologies to improve visibility and accuracy, ultimately enabling shippers to secure competitive rates.
Simplify's Take
What believers are saying
- Raised $22M to expand platform offerings and invest in R&D.
- Adoption of AI-driven predictive analytics optimizes route planning and reduces costs.
- Utilization of IoT devices enables real-time tracking and monitoring of shipments.
What critics are saying
- Increased competition from digital freight platforms like Convoy and Uber Freight.
- Potential integration challenges with Curant's payment technology could disrupt services.
- Economic downturns could reduce shipping volumes from SMBs, MyCarrier's main customers.
What makes MyCarrier unique
- MyCarrier offers direct control over shipping needs with carriers for SMBs.
- The platform provides a full order-to-payment LTL freight shipping system.
- MyCarrier's integration with Curant enhances its payment technology capabilities.
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Funding
Total Funding
$29.2M
Below
Industry Average
Funded Over
2 Rounds
Industry standards
Growth & Insights and Company News
6 month growth
↑ 3%1 year growth
↑ 4%2 year growth
↑ 8%Founded in 2016 by Scheid and CEO Michael Bookout, MyCarrier has received $36.3 million in funding from investors including NewRoad Capital Partners, Greycroft and Lerer Hippeau, according to Crunchbase.
MyCarrier said this week it had acquired Curant to provide a full order-to-payment LTL freight shipping system.
Shipping and logistics remain profitable tech ventures. At least, that appears to be the case with the closing of MyCarrier’s Series B today. A startup with a freight shipping platform for small- and mid-sized shippers, MyCarrier raised $22 million in a venture round led by NewRoads Capital with participation from Greycroft and Lerer Hippeau. CEO Michael Bookout indicated that the new cash will go toward expanding and accelerating MyCarrier’s platform offerings and investing in its product, R&D and go-to-market teams. “From the beginning, our vision and approach were based on strong partnering, working hand-in-hand with carrier partners and customers to streamline the carrier and shipper experience to create exceptional business and customer outcomes,” he said in a press release
MyCarrier, a software company with a less-than-truckload transportation management system for small and midsize shippers, announced Tuesday morning that it had raised an $8 million Series A venture capital round led by Greycroft and Lerer Hippeau.
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About MyCarrier
Industries
Data & Analytics
Automotive & Transportation
Enterprise Software
Company Size
51-200
Company Stage
Series B
Total Funding
$29.2M
Headquarters
Scottsdale, Arizona
Founded
2017
There are no jobs for MyCarrier right now.
Find jobs on Simplify and start your career today