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To bring the open deck shipper into the digital age.
The transportation market is worth over $700 Billion in North American. Most capital investments, however, have gone into digital brokerages and technology companies with focuses on dry van, temperature controlled and drayage segments.
EXO Freight offers a digital freight marketplace for open deck shipping, an underserved segment that represents roughly 20% of the transportation market. Open deck transportation - how you transport large and oddly shaped loads - is a complex and specialised businesses, which has meant shippers and carriers have struggled to grow and scale operations. EXO has created a Shipper, internal TMS and Carrier management portal, enabling a digital workflow that caters to open deck shipping’s specific needs.
Initially receiving funding as part of Y Combinator’s program, the same funding body who gave Monzo, Stripe and Airbnb their industry starts, EXO Freight has since closed series A funding, with which it will accelerate the growth of its network. With the company’s new investor relationships, growth and scale is inevitable.
Kirsty
Company Specialist at Welcome to the Jungle
May 2022
$15m
SERIES A
This company has top investors
Kurtis Tryber
(CEO)Previously co-founded Freewaytax.com and Power Only Transit. Experience as Head of Customer Development for Parade.