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Logixboard Raises $13M Series A from Redpoint Ventures to Power the Future of Modern Freight Forwarding
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SEATTLE, April 28, 2021 /PRNewswire/
Logixboard, the modern customer experience platform for freight forwarders, closed a $13M investment led by Redpoint Ventures, with continued participation from Social Leverage, F-Prime Capital, Founders Co-op, Techstars Ventures, and others.
Freight forwarders that handle the logistics of shipping trillions of dollars worth of the most high-cost, stakes, and volume goods such as vaccines, medical supplies, and machinery parts, have long lacked a modern digital platform for managing their customer s experience.
Logixboard s platform allows freight forwarders to offer the same digital experience and level of shipment transparency to their customers that they have become accustomed to from consumer shipment trackers offered by the likes of Amazon, Wayfair, and Chewy. Without the help of solutions like
Total funding: $110 million, according to Crunchbase.
What it does: Clubhouse is an audio-only social app where users meet up in chat rooms to listen to talks, hear comedy stand-up routines, and partake in a slew of other audio-focused activities.
Why VCs like it: Clubhouse launched about a year ago, joining a crop of fast-growing startups that have boomed during the pandemic. Its app offers another way for at-home consumers to socialize in groups while in-person gatherings are on hold.
Clubhouse remains invite-only, but the company already has millions of users. It s raised over $100 million from investors like Andreeson Horowitz.
The company has faced some growing pains as it wrestles with content-moderation issues that arise from live audio content. Its app was recently banned in China after it became a hub for political dissent. It also faces new competition as big tech platforms like Twitter and Facebook are working on their own Clubhouse-copycat products.