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Emerge is a technology-driven company focused on transforming the freight and logistics industry through innovative procurement solutions. Their platform, which includes features like Emerge AI and…

Emerge is a technology-driven company focused on transforming the freight and logistics industry through innovative procurement solutions. Their platform, which includes features like Emerge AI and…
What they do: Freight procurement and transportation spend management platform (contract & spot procurement, AI optimization, carrier marketplace)
Scale: Claims 55,000+ shippers and carriers and $20B+ flowed through marketplace
Founders / HQ: Co-founded by Andrew Leto (CEO) and Michael Leto (President); headquartered in Scottsdale, Arizona
Funding: Reported total funding ~$172.5M (last disclosed round 2021); Series A $20M in Feb 2020 led by NewRoad Capital Partners
Freight procurement, transportation spend management, and carrier matching for shippers
2017
Logistics / Freight Technology
$20,000,000
Participants included Greycroft and 9Yards Capital
“Backed by institutional investors including NewRoad Capital Partners, Greycroft, 9Yards Capital, and lists additional partners such as Tiger Global”
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