Investments
5Portfolio Exits
2Latest Andrew Leto News
May 10, 2022
FreightWaves Emerge CEO Andrew Leto on a key advantage in the logistics world 1 minute read Emerge President George Abernathy (left) chats with Emerge CEO Andrew Leto (right) during The Future of Supply Chain event. (Photo: Jim Allen/FreightWaves) This fireside chat recap is from Day 1 of FreightWaves’ Future of Supply Chain live event being held in Rogers, Arkansas. For more information and content from the event, click here . FIRESIDE CHAT TOPIC: Working with multiple partners can pay off in the logistics world. SPEAKER: Andrew Leto, CEO of Emerge, with George Abernathy, president of Emerge. BIO: Leto has been in the logistics industry since 2003 when he founded GlobalTranz after serving five years in the U.S. Navy. Having built a reputation for providing some of the best technology in the industry, GlobalTranz quickly became one of the top 10 Truckload and LTL brokers in the U.S. with more than $1 billion in sales. Leto also founded 10-4 Systems, a truckload and visibility platform that was sold to Trimble in 2016. KEY QUOTES FROM ANDREW LETO “You should be adding as many capacity partners as you can.” “Shippers that have more brokers pay the least amount on their spot market. It’s just how it is.” “The industry’s still dark. The capacity’s still dark.” Register today for the Future of Supply Chain #FOSC22 The leading voices in supply chain are coming to Rogers, Arkansas, on May 9-10. *limited term pricing available.
Andrew Leto Investments
5 Investments
Andrew Leto has made 5 investments. Their latest investment was in Onward as part of their Seed VC on November 11, 2021.
Andrew Leto Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
11/21/2021 | Seed VC | Onward | $4.7M | Yes | 5 | |
7/22/2021 | Angel | |||||
3/23/2021 | Series A | |||||
11/16/2018 | Series C | |||||
6/28/2016 | Series A |
Date | 11/21/2021 | 7/22/2021 | 3/23/2021 | 11/16/2018 | 6/28/2016 |
---|---|---|---|---|---|
Round | Seed VC | Angel | Series A | Series C | Series A |
Company | Onward | ||||
Amount | $4.7M | ||||
New? | Yes | ||||
Co-Investors | |||||
Sources | 5 |
Andrew Leto Portfolio Exits
2 Portfolio Exits
Andrew Leto has 2 portfolio exits. Their latest portfolio exit was MapAnything on April 17, 2019.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
4/17/2019 | Acquired | 3 | |||
Date | 4/17/2019 | |
---|---|---|
Exit | Acquired | |
Companies | ||
Valuation | ||
Acquirer | ||
Sources | 3 |
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