Loadsmart

Loadsmart provides an online portal that handles booking, insurance legislation, and health and safety regulations all within an integrated platform. This digital integration leads to parties receiving instant and guaranteed shipping, offering full financial coverage in the event of any discrepancies.

The startup has raised significant amounts of funding, most recently in a 2022 Series D Round which saw the company achieving a valuation in excess of $1 billion. It has used this funding to expand its partnership network and to fuel its acquisitions strategy. In the longer term the company's focus on organic growth will stand it in good stead as it will allow it to avoid aggressive pricing structures which would make it difficult to achieve profitability given thge razor-thin margins in the freight industry.