VeriTread Secures $2.5 Million
Summary
Transportation startup VeriTread announced it has raised $2.5 million in financing from Sumitomo Corporation of Americas. VeriTread is an online shipping exchange service that facilitates heavy-haul solutions via an online marketplace. The VeriTread marketplace provides a venue for shipping customers and service providers to engage in secure online negotiation and commerce. The marketplace offers a suite of decision tools that empower members to make more informed transportation decisions. VeriTread’s goal is to help high volume members build, manage, and optimize their internal transportation programs.
Funding
Amount
$2.5M
Total raised
Date
September 1, 2017
Announcement date
Investors
-
Lead investors
Company
http://www.veritread.com
Funded company
Classifications
industries
No industries detected
applications
Accounting and Taxes
AskAI Classifications
Labels
Logistics Software
Transportation Management Software
Freight Brokerage Platform
Linked Companies
VeriTread LLC
$1M to $5M