Emerge
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 Marketplace, helps shippers optimize their freight spend and streamline procurement processes. With over 55,000 shippers and carriers and more than $20 billion flowed through their marketplace, Emerge is positioned as a leader in freight procurement, offering advanced tools and integrations to enhance efficiency and reduce costs.
Emerge
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 Marketplace, helps shippers optimize their freight spend and streamline procurement processes. With over 55,000 shippers and carriers and more than $20 billion flowed through their marketplace, Emerge is positioned as a leader in freight procurement, offering advanced tools and integrations to enhance efficiency and reduce costs.
TL;DR
Sector: Freight & logistics procurement marketplace
Users / Network: 55,000+ shippers and carriers
Transaction Volume: $20B+ flowed through marketplace
Recent funding: Series B (Sep 23, 2021), ~$130M reported
Founded: 2017
Company Overview
Problem Domain
Freight procurement and truckload logistics inefficiency
Founded
2017
Industry
Logistics / Freight Tech
Funding Track Record
$20,000,000
Series A reported Feb 4, 2020; participation from Greycroft and 9Yards Capital noted.
$130,000,000
Series B reported on Sep 23, 2021 with participation from existing backers including New Road Capital Partners and Greycroft.
Investor Signal
“Backed by institutional investors including 9Yards Capital, Tiger Global Management, The Spruce House Partnership, NewRoad Capital Partners, and Greycroft”