
Transfix
Founded Year
2013Stage
Series F - II | AliveTotal Raised
$118.5MLast Raised
$40M | 5 mos agoRevenue
$0000Mosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
+10 points in the past 30 days
About Transfix
Transfix develops an online freight marketplace platform designed to connect shippers with truck drivers. Its platform, Transfix Intelligent Freight Platform, connects shippers to carriers, many-to-many freight matching, and the visibility needed to help make their supply chains more efficient and environmentally responsible. The company was founded in 2013 and is based in New York, New York.
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ESPs containing Transfix
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The digital freight marketplaces market match shippers with available carriers via online platforms. Effectively matching supply with demand helps avoid capacity constraints and bottlenecks, which are common in the highly fragmented trucking industry. These marketplaces provide a digital platform where shippers can post their freight requirements and carriers can bid or offer their transportation …
Transfix named as Highflier among 15 other companies, including Uber Freight, Parade, and Loadsmart.
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Research containing Transfix
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Transfix in 1 CB Insights research brief, most recently on Nov 10, 2021.
Expert Collections containing Transfix
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Transfix is included in 2 Expert Collections, including Supply Chain & Logistics Tech.
Supply Chain & Logistics Tech
5,324 items
Companies offering technology-driven solutions that serve the supply chain & logistics space (e.g. shipping, inventory mgmt, last mile, trucking).
Artificial Intelligence
10,958 items
Companies developing artificial intelligence solutions, including cross-industry applications, industry-specific products, and AI infrastructure solutions.
Latest Transfix News
Nov 21, 2023
New all-in-one centralized tool allows shippers to launch an RFP in minutes New York, NY /PRNewswire/ - Transfix, Inc. ("Transfix") announced today the launch of RFP Manager, a new tool designed to streamline the often manual and time-consuming RFP and freight procurement process by allowing shippers to complete every step, from sourcing to settlement, all in one place. RFP Manager, the newest feature on the Transfix Shipper App, features a centralized dashboard with automated bid management and acceptance workflows combined with powerful analytics capabilities, empowering shippers to partner with their selected carriers at a fair market price, all while reducing the time it typically takes to run an RFP or mini-bid. Through RFP Manager's digitalized and automated processes, shippers can now launch an RFP in minutes and invite brokers and carriers to participate in the bidding. Carriers can then access the RFP through their own portal link sent via email and easily submit their bid. Once the bidding window is closed, shippers can compare carrier bids, get visibility into lane-level pricing insights, and make data-driven award decisions. From there, transportation professionals can immediately begin executing freight in one seamless process – all inside the Transfix Shipper App. "The RFP process has long been outdated and in need of an innovative overhaul," said Jonathan Salama, Co-founder and CEO of Transfix. "I'm incredibly excited to bring a product to the market that empowers both shippers and their suppliers and sets a new bar for freight procurement solutions." "Market research and a robust beta program were key development milestones that delivered crucial insights and learnings," said Savar Sareen, Senior Product Manager at Transfix. "As a result, we recognized - and prioritized - the importance of building a product that not only streamlined the RFP process but allowed shippers to feel confident running RFPs more frequently to address the volatility in the market." RFP Manager is a new tool available, free of charge, to all shippers through the Transfix Shipper App. For more information please visit https://transfix.io/rfp-manager . About Transfix Transfix drives modern supply chain impact at scale with the Transfix Intelligent Freight Platform™. By combining enterprise-grade, machine-learning technology with intuitive software and dedicated supply chain experts, Transfix is enabling organizations to deliver with high performance and high reliability, drive long-term strategy and capacity planning, take empty miles off the road, and optimize their networks, at scale. Today, Transfix connects shippers to nearly 30,000 carriers with real-time, many-to-many freight matching and the visibility they need to make their supply chains more efficient and environmentally responsible. Learn more at Transfix.io . Source: Transfix Copyright 2023 PR Newswire. All Rights Reserved This website uses cookies to ensure you get the best experience on our website. Learn more Got it!
Transfix Frequently Asked Questions (FAQ)
When was Transfix founded?
Transfix was founded in 2013.
Where is Transfix's headquarters?
Transfix's headquarters is located at 11 Park Pl, New York.
What is Transfix's latest funding round?
Transfix's latest funding round is Series F - II.
How much did Transfix raise?
Transfix raised a total of $118.5M.
Who are the investors of Transfix?
Investors of Transfix include Canvas Ventures, New Enterprise Associates, G Squared, Lerer Hippeau, Alpaca VC and 9 more.
Who are Transfix's competitors?
Competitors of Transfix include TruKKer, Convoy, Loadsmart, NEXT Trucking, CargoX and 7 more.
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Compare Transfix to Competitors

Cargomatic focuses on the logistics and supply chain industry. It offers services such as drayage, intermodal, less-than-truckload (LTL), full-truckload (FTL), and white glove delivery, connecting shippers with a marketplace of professional drivers to ensure goods delivery. The company primarily serves sectors such as automotive, beverages, clothing and apparel, electronics, furniture, home improvement, and retail. It was founded in 2013 and is based in Long Beach, California.

NEXT Trucking is a FreightTech company operating in the trucking and shipping industry. The company offers a digital freight marketplace and a mobile application, providing shippers with access to carriers, real-time tracking, and reduced fees, while enabling drivers to find loads that fit their schedules. It primarily serves the shipping industry. It was founded in 2015 and is based in Torrance, California.

CargoX develops a web and mobile-based marketplace connecting the trucking industry. It acts as a broker, matching freight with trucks through geo-localisation technology. It is used by transportation companies and truck drivers to find available freight trucks. It enables truck owners and operators to make use of excess capacity and avoid empty return trips. The company was founded in 2013 and is based in Sao Paulo, Brazil.
EmergeTMS is a company that focuses on freight procurement, operating within the logistics and supply chain industry. The company offers a platform that provides services such as procurement management, freight execution, intelligence embedding, and integrations with existing freight systems. These services aim to streamline the procurement process, from bid to delivery, for businesses. EmergeTMS was formerly known as Vantage Freight, LLC. It was founded in 2017 and is based in Scottsdale, Arizona.

Flock Freight provides a freight carrier network. The company utilizes technology to pool multiple shipments into one truckload. Flock Freight was formerly known as AuptiX. The company was founded in 2015 and is based in Encinitas, California.

MiCarga is a cargo logistics platform, featuring a marketplace where cargo-generators can find transporters and additional services to cover their transportation needs.
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