Transfix

Transfix

Logistics platform connecting shippers and carriers

About

Transfix connects shippers and carriers in the freight brokerage market through its platform. It utilizes artificial intelligence and machine learning to match shippers with a network of over 425,000 vetted carriers, addressing the unpredictability of shipping full truckload freight. The platform provides real-time visibility, workflow automations, and insightful dashboards, helping clients manage their logistics effectively. Unlike traditional brokers, Transfix positions itself as a trusted logistics partner, combining human expertise with technology to offer competitive pricing and superior service. The company is also committed to sustainability, ensuring that freight is moved securely and efficiently while being responsible to its customers, employees, and the environment.

Company Stage

Series F

Employees

201-500

Industries

Data & Analytics, AI & Machine Learning

Total Funding

$248.1M

Headquarters

New York City, New York

Founded

2013


Simplify Jobs

Simplify's Take

What believers are saying

  • Partnerships with SONAR and DAT enhance Transfix's data-driven pricing platform.
  • Transfix's focus on software solutions post-brokerage sale strengthens its tech capabilities.
  • The launch of Transfix Shield addresses freight fraud, enhancing industry trust.

What critics are saying

  • Increased competition from platforms like Uber Freight may pressure Transfix's market share.
  • The sale of its brokerage unit to NFI may impact service quality and relationships.
  • Dependence on third-party data solutions could pose risks if partnerships face disruptions.

What makes Transfix unique

  • Transfix uses AI-driven freight matching to optimize logistics operations.
  • The company offers real-time visibility and workflow automations for shippers and carriers.
  • Transfix emphasizes sustainability and responsibility in its logistics solutions.

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Growth & Insights
Headcount

6 month growth

-33%

1 year growth

-40%

2 year growth

-40%

Benefits

Competitive base salaries

Thriving employee resource groups

401(k)

Equity awards

Learning and development opportunities

Generous vacation and time off policies

Competitive health and life benefits

Commuter and childcare benefits

Zero-premium base medical plan

12-week paid parental leave

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