StageSeries A - II | Alive
Last Raised$500K | 3 yrs ago
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Missing: Forager Logistics's Product & Differentiators
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Expert Collections containing Forager Logistics
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Forager Logistics is included in 1 Expert Collection, including Supply Chain & Logistics Tech.
Supply Chain & Logistics Tech
Companies offering technology-driven solutions that serve the supply chain & logistics space (e.g. shipping, inventory mgmt, last mile, trucking).
Latest Forager Logistics News
Feb 1, 2022
Acquisition Enables Arrive to Offer Cross-Border Platform and Services in Canada and Mexico News provided by Share this article Share this article AUSTIN, Texas, Feb. 1, 2022 /PRNewswire/ -- Arrive Logistics , a multimodal transportation and technology company, announced today that it has acquired Forager Group's cross-border business and proprietary platform. The acquisition enables Arrive to strengthen its cross-border services and technology offerings in Canada and Mexico, further executing the company's strategy to expand its service portfolio. "Forager Group's team of cross-border specialists and industry leading technology are excellent additions to our business," said Matt Pyatt, Founder and CEO of Arrive Logistics. "By integrating Forager's cross-border platform into our transportation management system, Arrive can continue to deliver and expand services to Forager's customers while providing new capabilities to our existing partners. Through the network, expertise, and technology of both organizations, Arrive will scale our cross-border footprint into an industry leader." This acquisition will equip Arrive to deliver better visibility into cross-border shipping, leveraging purpose-built technology to generate value and provide a one-stop-shop freight experience. Increases in cross-border trade, in-sourcing and near-sourcing are expected to continue to rise over the next five years which point to a growing need for these specialized capabilities within the logistics space. "Arrive Logistics provides the scale and capital needed to grow Forager's existing cross-border business," noted Matt Silver, founder and CEO of Forager Group, Inc. "We look forward to continuing to support Forager's customers leveraging Arrive's team and technology. Arrive is one of the industry leaders in domestic truckload, and our shared philosophy in company culture and how we prioritize ease of doing business for our partners made this acquisition a natural fit." The new capabilities further strengthen Arrive's leadership position as a fast-growing transportation company while fulfilling the company's goal of expanding its breadth of services and driving strong growth. To find out more about Arrive Logistics, please visit www.arrivelogistics.com . About Arrive Logistics Arrive Logistics is a leading multimodal transportation and technology company delivering unparalleled service and custom strategic solutions. With over 1,500 employees, 4,000 customers, and 50,000 carriers in its network, Arrive is one of the largest firms in the 3PL industry, having surpassed $1.6 billion in 2021 revenue. The company has been recognized as a top workplace in Austin by Built in Austin and The Austin Statesman and in Chicago by The Chicago Tribune. Learn more at www.arrivelogistics.com . About Forager Group Founded by freight industry veteran Matt Silver in 2018, Forager is a cross-border logistics technology company that ships truckload freight between the U.S., Mexico, and Canada. Press Contact:
Forager Logistics Frequently Asked Questions (FAQ)
When was Forager Logistics founded?
Forager Logistics was founded in 2018.
Where is Forager Logistics's headquarters?
Forager Logistics's headquarters is located at 1046 W Kinzie St #300, Chicago.
What is Forager Logistics's latest funding round?
Forager Logistics's latest funding round is Series A - II.
How much did Forager Logistics raise?
Forager Logistics raised a total of $14.6M.
Who are the investors of Forager Logistics?
Investors of Forager Logistics include Proeza Ventures, Industrious Ventures, Purple Arch Ventures, Chicago Ventures, Soma Capital and 7 more.
Who are Forager Logistics's competitors?
Competitors of Forager Logistics include Nuvocargo.
Compare Forager Logistics to Competitors
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Beacon is a supply chain finance firm that provides real-time data of cargo delivery and a marketplace view of global shipping costs and prices
Logixboard is a white-labeled customer experience software that helps logistics service providers increase sales and retain customers. It connects directly to an internal software and can be launched in less than three weeks with very little effort from a team. The company was founded in 2016 and is based in Seattle, Washington.
Zencargo is a digital freight forwarder and logistics provider. Its platform allows customers to book, manage and keep track of their international freight as well as use analytics to drive supply chain decisions.
Nowports is a digital freight forwarder that ships ocean containers to and from Latin America. Its offerings help facilitate the import and export processes of Latin American companies. The company serves exporters and importers that facilitate trade with Latin America. It was founded in 2018 and is based in Monterrey, Mexico.
Avancargo is an on-demand platform for booking freight transport and connecting shippers with drivers.
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