Boa Logistics
Acquisition in 2022
Boa Logistics is a freight management company founded in 2010 and headquartered in Culver City, California. It specializes in the logistics of perishable temperature-controlled freight, catering primarily to medium-sized businesses. The company offers a comprehensive range of services, including refrigerated trucking, warehousing, cold storage, drayage and port pick-ups, as well as rail and global forwarding services. By providing access to a diverse network of carriers, Boa Logistics effectively meets the temperature-controlled less-than-truckload (LTL) transportation needs of its customers across the United States. The company's focus on mission-critical movements underscores its commitment to delivering reliable and efficient logistics solutions.
Axbio Inc. is a biotechnology company based in Shenzhen, China, focused on developing and manufacturing advanced technology for genetic sequencing and molecular diagnostics. Founded in 2016, Axbio produces a variety of genome extraction kits for different sample types, including stool, blood, saliva, and bacteria. The company's offerings also include sequencing and diagnostic systems, disposable biochips, and reagents. Axbio's innovative platform utilizes semiconductor nanotechnology and microfluidics, allowing for high-throughput sequencing and diagnostics. This technology supports a range of applications, from low-cost handheld devices for bedside diagnostics to fully automated laboratory instruments, facilitating services such as early cancer screening, rapid pathogen detection, and drug development. Currently, Axbio is operating in stealth mode as it continues to enhance its product offerings and industrial solutions.
Byrd is a logistics company that operates a fulfillment network designed to connect online merchants with an international warehouse system. This enables retailers to provide advanced shipping options globally without the need to establish their own logistics infrastructure. The company’s platform seamlessly integrates with major e-commerce systems, allowing retailers to enhance their service offerings and improve customer proximity. Byrd's technology-driven solution facilitates real-time stock tracking and first-mile shipping services, including item pick-up and packaging, accessible via a mobile application. This comprehensive approach aims to support both private and business customers in efficiently managing their shipping needs.
Greenscreens AI
Seed Round in 2022
Greenscreens.ai is a developer of AI-driven freight software aimed at enhancing the profitability of third-party logistics providers (3PLs). By utilizing machine learning and proprietary datasets, the company offers tools that enable users to confidently and efficiently price loads, ultimately increasing broker margin contributions. Its software provides real-time benchmarking and market predictions, allowing users to adapt to changing market trends quickly. This approach not only improves operational productivity but also reduces the time and uncertainty associated with pricing and booking loads. Through its innovative solutions, Greenscreens.ai helps clients identify missed revenue opportunities and empowers teams to operate at their highest effectiveness.
Electric Miles
Seed Round in 2022
Electric Miles is a software-as-a-service company specializing in electric vehicle (EV) charging management solutions. The platform acts as a central nervous system for manufacturers, installers, electricity suppliers, and EV fleets, optimizing grid usage with its intelligent charging capabilities. By utilizing artificial intelligence and machine learning, Electric Miles creates efficient charging schedules that consider low tariffs, vehicle journey needs, and carbon footprint reduction. This enables EV drivers to save on energy costs while promoting environmentally friendly practices. The platform also offers features such as smart charge services for asset owners and remote support for manufacturers and installers, facilitating an easy installation and commissioning process. Additionally, Electric Miles generates revenue for charge point operators through its Demand Response Platform, which allows charging stations to participate in National Grid and Distribution System Operator schemes, thereby enhancing grid stability.
Everest Transportation Systems
Private Equity Round in 2021
Everest Transportation Systems is a high-growth freight brokerage specializing in over-the-road surface transportation, primarily serving the food and beverage industry. The company offers a range of logistics services, including palletizing, storage, loading, and temperature-controlled inventory management. These capabilities allow clients to maintain their inventory in a safe, dry, and secure environment while ensuring cost-effectiveness. With its unique approach to freight brokerage, Everest Transportation Systems is well-positioned to meet the demands of its clients and enhance operational efficiency in the logistics sector.
Everest Transportation Systems
Acquisition in 2021
Everest Transportation Systems is a high-growth freight brokerage specializing in over-the-road surface transportation, primarily serving the food and beverage industry. The company offers a range of logistics services, including palletizing, storage, loading, and temperature-controlled inventory management. These capabilities allow clients to maintain their inventory in a safe, dry, and secure environment while ensuring cost-effectiveness. With its unique approach to freight brokerage, Everest Transportation Systems is well-positioned to meet the demands of its clients and enhance operational efficiency in the logistics sector.
Parcel Perform
Series A in 2021
Parcel Perform is a leading delivery experience platform that enhances the logistics operations of modern e-commerce enterprises. By offering a scalable software-as-a-service (SaaS) solution, it enables businesses to create unique end-to-end customer journeys through powerful data integrations, real-time parcel tracking, delivery notifications, and logistics performance reports. The platform processes over 100 million parcel updates daily and integrates with more than 900 carriers, making it a versatile tool for tracking shipments globally. Parcel Perform also features a self-service tracking dashboard and a consumer-friendly tracking service, allowing merchants to provide continuous updates to their customers about shipment statuses. The company is at the forefront of leveraging machine learning and artificial intelligence in e-commerce logistics, exemplified by its innovative 'Date of Arrival' prediction engine. It has established itself as a preferred partner for leading brands, marketplaces, and carriers across various sectors worldwide.
Bringg is a leading delivery management platform that specializes in optimizing last-mile delivery operations for over 800 customers worldwide. The company offers a cloud-based solution that digitizes and automates logistics processes, allowing organizations to develop tailored delivery models that meet their specific needs. With access to a vast network of more than 250 delivery providers, Bringg enables businesses to provide versatile delivery options, utilizing both in-house drivers and external partners such as third-party logistics (3PL) providers and gig economy drivers. This flexibility not only reduces delivery costs but also enhances customer experience by ensuring fast and convenient service. Bringg's clientele includes prominent brands such as H&M, Burger King, and AutoZone, highlighting its capability to support major enterprises in transforming delivery into a key growth driver.
ReverseLogix
Series A in 2021
ReverseLogix is a developer of a cloud-based platform specifically designed to automate reverse logistics for retail, e-commerce, manufacturing, and third-party logistics (3PL) organizations. This end-to-end, centralized returns management system streamlines the entire after-sales care process, enabling businesses to efficiently manage returns, repairs, and warranties. The ReverseLogix platform enhances the customer returns experience, accelerates workflows for employees, and provides comprehensive insights into returns data. By integrating seamlessly with existing supply chain systems such as Customer Relationship Management, ReverseLogix supports both B2B and B2C operations, helping organizations to scale effectively while improving profitability.
Greenscreens AI
Series A in 2020
Greenscreens.ai is a developer of AI-driven freight software aimed at enhancing the profitability of third-party logistics providers (3PLs). By utilizing machine learning and proprietary datasets, the company offers tools that enable users to confidently and efficiently price loads, ultimately increasing broker margin contributions. Its software provides real-time benchmarking and market predictions, allowing users to adapt to changing market trends quickly. This approach not only improves operational productivity but also reduces the time and uncertainty associated with pricing and booking loads. Through its innovative solutions, Greenscreens.ai helps clients identify missed revenue opportunities and empowers teams to operate at their highest effectiveness.
Liftit S.A.S., founded in 2016 and based in Bogotá, Colombia, is a B2B logistics company that operates a cargo transportation platform. This platform connects providers of cargo transportation services with companies or individuals who need these services. It serves as a marketplace for shippers requiring delivery of various goods, such as home items, electronics, and construction materials, to independent truck drivers capable of fulfilling those needs. Liftit's technology aims to optimize, measure, analyze, and solve problems in the logistics industry by monitoring operations in real-time and tracking services from order placement to dispatch.
Platform Science
Series B in 2020
Platform Science develops and integrates hardware solutions, software solutions, and Internet of Things (IoT) infrastructure tailored for the transportation industry. The company's flagship product is an enterprise-grade IoT fleet management platform designed to enhance logistics processes. This platform provides core telematics functionality, including applications for compliance, safety, and productivity, while supporting dynamic hardware configurations and partner integrations. Additionally, Platform Science offers fleet management apps aimed at managing compliance, improving driver experience, and maximizing productivity. Founded in 2014, the company is headquartered in La Jolla, California, and operates as a subsidiary of Daimler Trucks North America LLC.
Bringg is a leading delivery management platform that specializes in optimizing last-mile delivery operations for over 800 customers worldwide. The company offers a cloud-based solution that digitizes and automates logistics processes, allowing organizations to develop tailored delivery models that meet their specific needs. With access to a vast network of more than 250 delivery providers, Bringg enables businesses to provide versatile delivery options, utilizing both in-house drivers and external partners such as third-party logistics (3PL) providers and gig economy drivers. This flexibility not only reduces delivery costs but also enhances customer experience by ensuring fast and convenient service. Bringg's clientele includes prominent brands such as H&M, Burger King, and AutoZone, highlighting its capability to support major enterprises in transforming delivery into a key growth driver.
AvantStay
Series A in 2018
AvantStay, Inc. is a hospitality company founded in 2016 and headquartered in Los Angeles, California. It specializes in providing rental homes for vacations, offering a curated experience tailored to guests' preferences. The company operates over 450 premier properties across more than 60 cities, focusing on a drive-to market approach. AvantStay utilizes a proprietary technology platform to enhance the booking process and streamline both in-field and remote management. This innovative approach allows guests to browse and book short-term rentals conveniently and affordably. In 2019, AvantStay became one of the initial partners of Homes & Villas by Marriott International, further expanding its reach and service offerings.
DeliveryCircle
Series A in 2018
DeliveryCircle LLC is a technology-driven final-mile delivery service provider, founded in 2013 and headquartered in Newark, Delaware. The company operates across several states including Delaware, Pennsylvania, Maryland, Virginia, New Jersey, and Washington D.C., offering same-day delivery solutions to businesses and consumers alike through its user-friendly application. DeliveryCircle connects clients with a pool of pre-screened local drivers, ensuring reliable and affordable deliveries for both business-to-consumer (B2C), consumer-to-consumer (C2C), and business-to-business (B2B) transactions. The platform stands out for its simple pricing model, scalability, and comprehensive features designed to enhance logistics efficiency and customer satisfaction.
Bringg is a leading delivery management platform that specializes in optimizing last-mile delivery operations for over 800 customers worldwide. The company offers a cloud-based solution that digitizes and automates logistics processes, allowing organizations to develop tailored delivery models that meet their specific needs. With access to a vast network of more than 250 delivery providers, Bringg enables businesses to provide versatile delivery options, utilizing both in-house drivers and external partners such as third-party logistics (3PL) providers and gig economy drivers. This flexibility not only reduces delivery costs but also enhances customer experience by ensuring fast and convenient service. Bringg's clientele includes prominent brands such as H&M, Burger King, and AutoZone, highlighting its capability to support major enterprises in transforming delivery into a key growth driver.
XPO is a logistics services provider focused on freight brokerage, expedited transportation, and freight forwarding. The company leverages relationships with over 22,000 carriers across ground, sea, and air to serve more than 8,500 customers in various sectors, including manufacturing, retail, and life sciences. With operations in 62 locations throughout the United States and Canada, XPO aims to achieve significant growth in truck capacity and enhance service through technological innovation. Following recent spinoffs of its contract logistics and freight brokerage divisions, XPO is transitioning to a pure-play asset-based less-than-truckload (LTL) carrier, with LTL shipping now constituting approximately 60% of its total revenue. The company's European truckload and LTL operations account for the remaining 40%. XPO plans to divest its European trucking division when a suitable buyer is identified, positioning itself to capture a greater share of the logistics market.
EcoSquid, an ecommerce marketplace, enables consumers to remarket or recycle their used cell phones, laptops, and mobility devices. EcoSquid gives consumers access to a broad range of potential buyers, and facilitates the transaction. EcoSquid was acquired by uSell in 2012.