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Arrive Logistics Closes $25 Million Equity Financing

Jun 18, 2019 - PR Newswire

PR Newswire

 Arrive Logistics, a leading technology-powered freight brokerage, announced today the closing of a $25 million Series B equity financing, led by the company's existing investors, Lead Edge Capital.

Founded in 2014, Arrive Logistics has grown to more than 800 employees with offices in Chicago, Chattanooga, Tenn. and Austin, Texas. In 2019 the company expects revenue of $600 million, as total loads shipped have increased by 100 percent year-over-year. The company has earn...