Uber Freight

Uber Freight

Logistics platform connecting carriers with shippers

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.

About Uber Freight

Simplify's Rating
Why Uber Freight is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

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

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Simplify's Take

What believers are saying

  • Q1 2026 Freight revenue rose to $1.334 billion, ending a two-year decline.
  • Uber Freight says enterprise demand stayed strong while competitors pulled back in tight markets.
  • AI agents and Insights AI can deepen switching costs inside shipper workflows.

What critics are saying

  • Freight posted a $30 million Q1 2026 operating loss, despite revenue growth.
  • FreightWaves reported 2026 layoffs in digital brokerage, signaling shrinking core demand.
  • If enterprise customers consolidate around C.H. Robinson or RXO, Uber Freight loses relevance.

What makes Uber Freight unique

  • Uber Freight pairs a carrier marketplace with Transplace's enterprise managed transportation software.
  • Its 2025 AI logistics network spans 45 sources and 20 million delivered shipments.
  • A 2026 CPO hire from Amazon, Convoy, and Dandy strengthens product depth.

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Funding

Total Funding

$500M

Above

Industry Average

Funded Over

1 Rounds

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Above Average

Industry standards

$15M
$8.2M
Discord
$15M
Canva
$30M
Kalshi
$500M
Uber Freight

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

Headcount

6 month growth

0%

1 year growth

1%

2 year growth

1%
Yahoo Finance
Jul 28th, 2026
Uber Freight hires Amazon and Convoy veteran as CPO to boost AI-driven logistics platform

Uber Freight has appointed Amir Pelleg as chief product officer to advance its AI-driven transportation management platform. Pelleg brings over 25 years of experience leading product, engineering and operations teams at companies including Amazon, Convoy and Dandy. The appointment reflects Uber Freight's focus on technology that helps customers make faster decisions and reduce supply chain complexity. Pelleg said AI can connect fragmented data across disconnected systems, enabling more proactive network management. He emphasised that effective products must address actual customer problems rather than simply deploy new technology. Pelleg cited fragmentation as a major obstacle facing modern supply chains, with data often siloed across different systems. San Francisco-based Uber Technologies operates three platforms: Uber ride-hailing, Uber Freight logistics, and Uber Eats delivery services.

Yahoo Finance
May 6th, 2026
Uber Freight revenue rises $47M year-on-year as operating loss narrows to $30M

Uber Freight reported its first year-on-year revenue increase in two years, rising to $1.34 billion from $1.26 billion in the first quarter. The digital broker recorded an operating loss of $30 million for the quarter. This marks the first time Uber reported its three segments—Mobility, Delivery and Freight—on an operating income basis rather than EBITDA. Previous quarters showed operating losses of $26 million, $40 million and $18 million for the second, third and fourth quarters of 2024, respectively. CEO Rebecca Tinucci attributed the revenue growth to strong enterprise demand and managed transportation performance, noting the company maintained service levels whilst competitors pulled back during market tightening. Uber Freight has only achieved positive EBITDA twice since inception, both in 2022.

FinancialContent
Nov 14th, 2025
International Business Times

International Business Times is the leading provider of business news and financial news from the US and around the world.

Built In SF
Apr 8th, 2025
Uber Freight Raises $500M, Valued $3.3B

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.

Uber Technologies, Inc.
Dec 23rd, 2022
Uber Freight Completes Acquisition of Transplace

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

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