12.9 C
London
Sunday, May 26, 2024
HomeBusinessZuum Transportation: Raises $12.58M in Seed Funding

Zuum Transportation: Raises $12.58M in Seed Funding

Date:

  • Zuum, an Irvine, CA-based platform that automates freight for shippers, brokers, carriers, and drivers, raised $8.58m in second seed funding
  • Zuum announced the recent close bringing total raise to $12.58m to date
  • The company intends to use the funds to expand operations and its business reach
  • Since 2016, the solution has grown to deliver thousands of loads per month for more than 235 shippers, including several Fortune 500 companies
  • Freight booked on an integrated logistics platform, matching shippers with pre-vetted carriers
  • Automated bidding, dispatch, track & trace, workflow automation, digital document management, accounting, and predictive reports

Related stories

FE fundinfo snaps up wealth management fintech Dericon

Acquisition Details:Acquirer: FE fundinfo, a UK-based financial...

LGT in Liechtenstein taps Finastra for instant payments

Partnership Announcement:Entities Involved: LGT (private banking and...

Spanish paytech PayRetailers acquires Transfeera to drive Brazilian expansion

Overview:Acquirer: Spanish paytech PayRetailers. Target: Transfeera, a Brazilian...

Santander and Iberpay in Spain join EPC’s OCT Inst scheme as inaugural participants

Overview:Participants: Spanish banking giant Santander and payment services...

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories

spot_img