project44: Raises $100M in Funding

  • project44, a Chicago, IL-based global leader in supply chain visibility for shippers and logistics service providers (LSP), closed a Series D financing round of $100M
  • The round was led by Insight Partners with participation from 8VC, Emergence Capital, Omidyar Technology Ventures, Sapphire Ventures, Sozo Ventures, and Underscore VC
  • The company intends to use the funds for global expansion of its multimodal carrier network as well as for new product innovations
  • Led by Jett McCandless, CEO, and founder, project44 is a provider of real-time transportation visibility with more than 400 enterprise customers
  • In 2020, the company signed 135 new customers, as well as numerous customer expansions
  • To date, project44 has raised $241M
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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