MyCarrier

MyCarrier

Web platform for competitive shipping rates

About

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.

Company Stage

Series B

Employees

51-200

Industries

Data & Analytics, Automotive & Transportation, Fintech

Total Funding

$29.2M

Headquarters

N/A

Founded

2017


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Simplify's Take

What believers are saying

  • The recent $22 million Series B funding will accelerate platform expansion and product development, promising robust growth.
  • MyCarrier's focus on R&D and go-to-market teams indicates a commitment to innovation and market penetration.
  • The backing from prominent investors like NewRoad Capital Partners, Greycroft, and Lerer Hippeau reflects strong financial health and investor confidence.

What critics are saying

  • The competitive logistics and shipping tech market could pressure MyCarrier to continuously innovate to maintain its edge.
  • Rapid expansion and integration of new technologies like Curant's payment system may pose operational challenges.

What makes MyCarrier unique

  • MyCarrier focuses on small- and mid-sized shippers, a niche often underserved by larger logistics platforms.
  • The acquisition of Curant allows MyCarrier to offer a comprehensive order-to-payment LTL freight shipping system, enhancing its service portfolio.
  • Strong partnerships with carrier partners and customers enable MyCarrier to streamline the shipping experience, setting it apart from competitors.

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Growth & Insights
Headcount

6 month growth

2%

1 year growth

4%

2 year growth

35%

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