Work Here?
MyCarrier
Work Here?
Transportation management system for shipping logistics
MyCarrier
Work Here?
Transportation management system for shipping logistics
About MyCarrier
Industries
Automotive & Transportation
Enterprise Software
Company Size
51-200
Company Stage
Series B
Total Funding
$30M
Headquarters
Scottsdale, Arizona
Founded
2017
Overview
MyCarrier has created a transportation management system (TMS) that streamlines the shipping process for businesses. The platform acts as a central hub where shippers can manage their freight and connect with a network of carriers. Users can easily compare quotes from various carriers, book shipments, and track their progress in real-time, which enhances visibility and control over their supply chain. The user-friendly interface allows for straightforward navigation and shipment management. MyCarrier operates on a software-as-a-service (SaaS) subscription model, providing a consistent revenue stream while allowing for ongoing improvements to the platform. The company primarily targets small and medium-sized businesses that may lack the resources to create their own logistics solutions, aiming to empower these businesses to compete effectively in the logistics industry.
Simplify's Take
What believers are saying
- Integration of AI can enhance MyCarrier's route optimization and cost efficiency.
- Blockchain technology can improve transparency and security in MyCarrier's freight management.
- Rising demand for real-time data analytics can enhance MyCarrier's tracking features.
What critics are saying
- Emerging TMS platforms with lower costs could erode MyCarrier's market share.
- Rapid AI advancements may outpace MyCarrier's current technological capabilities.
- Curant acquisition may lead to integration challenges affecting service delivery.
What makes MyCarrier unique
- MyCarrier offers a user-friendly TMS for small and medium-sized businesses.
- The platform provides real-time tracking and freight quoting capabilities.
- MyCarrier's SaaS model ensures continuous platform updates and improvements.
Help us improve and share your feedback! Did you find this helpful?
Funding
Total Funding
$30M
Below
Industry Average
Funded Over
2 Rounds
Industry standards
Growth & Insights and Company News
6 month growth
↑ 1%1 year growth
↑ 2%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.
There are no jobs for MyCarrier right now.
Find jobs on Simplify and start your career today
About MyCarrier
Industries
Automotive & Transportation
Enterprise Software
Company Size
51-200
Company Stage
Series B
Total Funding
$30M
Headquarters
Scottsdale, Arizona
Founded
2017
There are no jobs for MyCarrier right now.
Find jobs on Simplify and start your career today