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Uber Freight
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Logistics platform connecting carriers with shippers
Uber Freight
Work Here?
Logistics platform connecting carriers with shippers
About Uber Freight
Industries
Data & Analytics
Automotive & Transportation
Enterprise Software
Company Size
5,001-10,000
Company Stage
Series A
Total Funding
$500M
Headquarters
Chicago, Illinois
Founded
2017
Overview
Uber Freight operates a digital logistics marketplace that connects shippers needing to move goods with carriers with available truck capacity. It streamlines the process of booking, managing, and paying for freight shipments through a single platform, serving a range of customers from small businesses to large enterprises. The platform matches shipments with carriers, offers dynamic pricing, and provides visibility, routing, and payment features to simplify transportation management. Unlike traditional brokers, Uber Freight leverages a large, integrated network and real-time data to enable fast, transparent transactions with scalable capacity. The company's goal is to make freight shipping faster, more transparent, and cost-efficient by bringing demand and carrier capacity together in one digital marketplace.
Simplify's Take
What believers are saying
- Q1 2026 revenue hit $1.34B, up $47M YoY from enterprise demand.
- $500M funding in 2025 valued Uber Freight at $3.3B for expansion.
- AI and decades of data optimize routing across thousands of shipper networks.
What critics are saying
- Transplace integration fails within 12-24 months, stranding $2.25B capital.
- XPO and J.B. Hunt poach 65,000 carriers in 12-18 months via superior economics.
- Waymo Via autonomous trucks displace 20% carrier volume by 2028.
What makes Uber Freight unique
- Uber Freight's digital platform eliminates brokers via instant load booking and AI pricing.
- Post-Transplace acquisition, it merges 65,000 carriers with advanced shipper TMS.
- Hybrid model blends marketplace commissions with SaaS tools and managed services.
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Funding
Total Funding
$500M
Above
Industry Average
Funded Over
1 Rounds
Industry standards
Benefits
Health Insurance
Dental Insurance
Vision Insurance
401(k) Company Match
Parental Leave
Short- and Long-Term Disability Coverage
Life Insurance
Financial and Mental Wellness Benefits
Performance Bonus
Company Equity
Hybrid Work Options
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 0%2 year growth
↑ 1%International Business Times is the leading provider of business news and financial news from the US and around the world.
Uber Freight, Uber's shipping and logistics arm, raised $500 million in Series A preferred stock financing, led by Greenbriar, valuing the business at $3.3 billion. Uber remains the majority stakeholder. The funding will aid market expansion and product innovation. Uber Freight connects shippers with nearly 65,000 carriers and serves several Fortune 500 companies. The company is headquartered in Chicago and recently launched new enterprise software solutions.
The combination of trusted services and technology solutions will reduce friction across the supply chain and enable a new era of logistics management. Uber Freight, a subsidiary of Uber Technologies, Inc. (NYSE: UBER), today announced that it has completed the acquisition of Transplace from TPG Capital for approximately $2.25 billion in an all-cash transaction. As partial financing for this transaction, Abu Dhabi Growth Fund (ADG), D1 Capital, and GCM Grosvenor invested $550 million in Uber Freight. The transaction brings together Uber Freight’s vast network of digitally-enabled carriers with Transplace’s trusted shipper technology and operational solutions, ultimately creating one of the world’s leading logistics technology platforms to meet the rapidly evolving needs of shippers and carriers alike. “Logistics is going through a historic transformation. Unprecedented volatility, increasing supply chain complexities, and escalating shipping costs are driving shippers to modernize
Uber heeft zijn divisie voor autonome voertuigen nu officieel verkocht aan Aurora Innovation, een club veteranen van Google, Tesla en Uber.
Uber Canada has announced its services are now available in Halifax, Nova Scotia as of December 3rd.
Uber Freight is Hiring for 34 Jobs on Simplify!
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About Uber Freight
Industries
Data & Analytics
Automotive & Transportation
Enterprise Software
Company Size
5,001-10,000
Company Stage
Series A
Total Funding
$500M
Headquarters
Chicago, Illinois
Founded
2017
Uber Freight is Hiring for 34 Jobs on Simplify!
Find jobs on Simplify and start your career today