LinkedIn automations are now retired. TexAu V3 is on the way, be the first to know when it launches.

Get updates

How Much Did Loadsmart Raise? Headquarters, Funding & Key Investors

Loadsmart, a logistics technology company founded in 2014, has raised $384 million across several rounds, including a $250 million Series D in February 2022 led by SoftBank Latin America Fund with participation from Janus Henderson Investors, BlackRock, and CSX Corporation. With a $1.3 billion valuation, Loadsmart operates an AI-driven freight platform connecting shippers and carriers. The company’s end-to-end digital solutions enhance transportation efficiency, manage dock scheduling, and optimize route planning for global supply chains through real-time data and automation.

    Loadsmart is a Chicago-based logistics technology company offering digital freight booking and trucking solutions. With $384 million in total funding and a valuation of $1.3 billion, it connects shippers and carriers through its AI-powered platform. The company simplifies logistics by providing real-time shipment visibility, dock scheduling, and route optimization tools to enhance supply chain efficiency.

    What Is Loadsmart and What Does It Do?

    Loadsmart, founded in 2014 by Felipe Capella and Ricardo Salgado, is headquartered in Chicago, Illinois, United States.

    With a team of 501-1,000 employees, Loadsmart operates as a digital freight platform revolutionizing logistics and trucking operations.

    The company enables instant freight booking, shipment tracking, and real-time rate generation while offering managed transportation and AI-based optimization. Loadsmart’s integrated ecosystem supports shippers, carriers, and brokersensuring efficient freight management and full truck utilization.

    How Much Funding Has Loadsmart Raised?

    1. *Series D*
      • Amount Raised: $250M
      • Date: February 2022
      • Lead Investors: SoftBank Latin America Fund, Janus Henderson Investors
      • Motivation: To expand AI-driven logistics solutions and strengthen digital freight automation capabilities.\
    2. *Series C*
      • Amount Raised: $90M
      • Date: November 2020
      • Lead Investors: BlackRock, Chromo Invest, TFI International, Maersk
      • Motivation: To scale Loadsmart’s carrier network and develop enterprise-level TMS features.\
    3. *Series B*
      • Amount Raised: $19M
      • Date: September 2019
      • Lead Investors: Maersk Growth, Connor Capital
      • Motivation: To expand the customer base and improve digital brokerage operations.\
    4. *Series A*
      • Amount Raised: $21.6M
      • Date: October 2018
      • Lead Investors: Connor Capital, Maersk Growth, Oaktree Capital Management
      • Motivation: To refine automation tools and integrate machine learning into logistics operations.\
    5. *Conventional Debt*
      • Amount Raised: $10.1M
      • Date: June 2017
      • Motivation: To support working capital and operational expansion.\
    6. *Seed & Early Stage*
      • Amount Raised: $3M
      • Date: December 2014
      • Motivation: To develop Loadsmart’s core digital freight booking platform.

    Total Funding Raised: $384 Million

    Current Valuation: $1.3 Billion (as of February 2022)

    Latest Funding Date: February 2022

    Key Investors

    1. SoftBank Latin America Fund

    • Details: A regional investment arm of SoftBank Group investing in technology-focused startups across Latin America.
    • Investment Focus Areas: Technology, logistics, digital marketplaces.
    • Notable Investments: Rappi, Loggi, QuintoAndar.

    2. BlackRock

    • Details: A global investment management firm with diverse holdings across equities, fixed income, and alternative assets.
    • Investment Focus Areas: Technology, logistics, infrastructure, financial services.
    • Notable Investments: Uber, Airbnb, Palantir Technologies.

    3. Janus Henderson Investors

    • Details: A global asset manager providing active investment strategies to institutional and retail clients.
    • Investment Focus Areas: Equities, fixed income, and alternative assets.
    • Notable Investments: Tesla, Amazon, Alphabet Inc.

    Where Is Loadsmart’s Headquarters?

    Loadsmart is headquartered in Chicago, Illinois, United States, a key logistics and transportation hub with strong infrastructure and access to major freight corridors. The location supports Loadsmart’s mission to optimize North American supply chains while connecting shippers and carriers more efficiently.

    What’s Next for Loadsmart?

    Loadsmart is poised for significant growth through strategic partnerships with major logistics players, including Maersk and CSX. The company aims to enhance its AI-powered freight management platform further and expand it across Latin America and Europe. With access to over 680,000 trucks and $2 billion worth of freight per quarter, Loadsmart’s next phase will focus on automation, predictive analytics, and sustainable logistics innovation.

    Get Investor & Funding Insights with TexAu

    TexAu helps sales and business teams uncover detailed fundraising information on companies like Loadsmart. Use the platform to research investors, track funding rounds, and gather actionable insights to strengthen prospecting and business strategy.

    Sign Up for Free on TexAu and start uncovering detailed funding insights that give your business a competitive edge.

    Start your 14-day free trial today, no card needed

    TexAu updates, tips and blogs delivered straight to your inbox.