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Redpoint Ventures led a $13 million Series A investment round of Logixboard, a customer experience platform for freight forwarders. The investment round supports Logixboard s mission to create an Amazon-like experience for freight forwarders and their customers, increasing visibility and transparency. Other investment participants include Social Leverage, F-Prime Capital, Founders Co-op, Techstars Ventures and more.
Without the help of solutions like Logixboard freight forwarding customers are forced to hunt down updates via text, email, or phone calls. Additionally, freight forwarders are experiencing an uptick in request for proposals (RFP) that specify the need for a digital platform for managing their shipments.