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The freight service industry is being redefined by technology-focused startups. These companies are tackling challenges in logistics with AI, automation, and data analysis.
This has attracted major investment, with companies like Stord raising $525M for its commerce platform. Even newcomers are well-funded, such as Augment which launched in 2024 with $110M.
Below is our list of 36 Freight Service startups worth keeping an eye on.
Everything you need to raise funding for your startup, including 3,500+ investors, 7 tools, 18 templates and 3 learning resources.
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Get the Sheet for $50List of startup investors in the BioTech, Health, and Medicine industries, along with their Twitter, LinkedIn, and email addresses.
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Get the Sheet for $50Augment builds an autonomous AI assistant to help optimize logistics and freight operations. The platform automates communications and administrative work, including emails, chats, and invoicing, for transportation companies.
Stord created a cloud supply chain to help brands manage their entire logistics network. Their platform unifies warehousing, freight, and fulfillment services, giving businesses a single view of their operations across all sales channels.
GoodShip builds a freight orchestration platform that gives shippers the tools to manage and optimize their transportation networks. Their software helps companies streamline everything from contracts to carrier performance analytics, reducing overall complexity in their logistics operations.
OneRail operates a software-as-a-service platform that helps enterprise shippers automate their final mile delivery. The platform gives businesses access to a national courier network and tools to manage fulfillment from dispatch to proof of delivery.
Kargo provides a smart loading dock platform that uses computer vision and AI to give shippers a real-time view of their freight. Their system captures and analyzes all inbound and outbound shipments to identify errors and automate data entry.
Glīd builds autonomous freight vehicles that can seamlessly switch between road and rail travel. Their technology aims to streamline logistics by eliminating the need for traditional cargo transfers between trucks and trains.
CloudTrucks developed a "business in a box" solution for truck drivers, giving them the tools to operate as a virtual carrier. The platform helps drivers increase their take-home pay by streamlining everything from booking loads to managing compliance and payments.
Shippeo builds a real-time transportation visibility platform to help shippers and logistics services track multimodal shipments. Their system provides predictive data that enables companies to improve supply chain efficiency and anticipate disruptions.
Flock Freight operates a freight technology platform centered on shared truckload shipping. They pool freight from various shippers into a single truck, creating more efficient routes that reduce costs and environmental impact.
Pando created an AI-powered fulfillment cloud to help enterprises digitize and automate their logistics. Their no-code platform optimizes complex supply chain functions, from freight procurement to transportation management.
Those top ten companies are just the beginning of the story. Across the industry, founders are working on fresh ideas to make shipping goods easier for everyone.
The companies below have raised a combined total of over $5 billion, with most focused on logistics. Here are the other startups to watch as they help shape the future of freight.
| Startup | Main Industry | Year Founded | Amount Raised | Last Funding Round |
|---|---|---|---|---|
| Mobility | 2020 | $91.3M | Series B | |
| Enterprise | 2013 | $169M | Series F | |
| Fintech | 2018 | $228.3M | Debt Financing | |
| Logistics | 2013 | $2.7B | Convertible Note | |
| Logistics | 2016 | $335.4M | Debt Financing | |
| Logistics | 2016 | $593.4M | Series D | |
| Fintech | 2018 | $74.4M | Series B | |
| Enterprise | 2018 | $9.5M | Series A | |
| Logistics | 1516 | £458.8M | Grant | |
| Logistics | 2018 | $242.6M | Series C | |
| Enterprise | 2019 | $80.1M | Series B | |
| Mobility | 2014 | $287M | Series H | |
| Logistics | 2017 | $39M | Series B | |
| Logistics | 2020 | $10M | Series A | |
| Logistics | 2020 | $17.5M | Seed | |
| Logistics | 2019 | $15M | Debt Financing | |
| Logistics | 2015 | $8.9M | Venture Round | |
| Logistics | 2021 | $230k | Seed | |
| Logistics | 2013 | €6.5M | Series A | |
| Logistics | 2015 | RUB600M | Series A | |
| Logistics | 2014 | €800k | Corporate Round | |
| Logistics | 2015 | $126.7k | Pre-Seed | |
| Logistics | 1872 | — | — | |
| Mobility | — | — | — | |
| Logistics | 2019 | — | — | |
| Logistics | 2001 | — | — |
