Parade Raises $12.7M in Series A Funding
- Parade, a San Francisco, CA-based provider of a carrier access and truckload capacity management platform software for freight brokers, raised $12.7M in Series A funding
- The round was led by Menlo Ventures with participation from Greenhawk Capital, Jones Capital, Jones Capital, The House Fund, Oriza Ventures, and leaders in supply chain & freight tech leaders
- The company intends to use the funds to accelerate digital adoption, expand capabilities, grow its team, and strengthen connectivity with its third-party partner ecosystem
- Over the past year, the company has brought to market its core product: Capacity Management for freight brokers
- Customers include major freight brokerages like Armstrong Transport Group, Schneider, and Worldwide Express
