project44 Secures $45M in Funding to Expand its Advanced Visibility Platform

October 3, 2018

project44 Secures $45M in Funding to Expand its Advanced Visibility Platform

Business Wire – October 1, 2018

project44, the leader in advanced visibility for shippers and third-party logistics firms, today announced it has completed a financing round of $45 million led by Sapphire Ventures.

project44 loads up $45M for new hires and product enhancements

Andreas Rekdal – Built in Chicago – October 1, 2018

One of Chicago’s fastest-growing startups just doubled its funding in one fell swoop. project44, whose technology helps companies keep track of the stuff they ship around the world, announced on Monday that it has raised $45 million in new funding.

Convoy, project44 Ride Ramp-Up in Freight Tech Investment

Eric Johnson – Journal of Commerce – October 1, 2018

project44’s latest investment is a big bet by investors in the company’s ability to separate itself from a pack of other visibility providers in the domestic freight market.

Chicago Logistics Startup project44 Raises $45M

Jim Dallke – Chicago Inno – October 1, 2018

Chicago startup project44 just raised another big round of funding to grow its logistics tech platform, announcing Monday that it has raised $45 million in new capital led by Silicon Valley VC firm Sapphire Ventures.

project44 Raises $45 Million From New, Existing Investors

John Pletz – Crain’s Chicago Business – October 1, 2018

The Chicago-based tech firm is part of a wave of investment rushing into logistics-technology companies, as Amazon has raised the stakes for retailers and b-to-b suppliers with expectations of ever-faster delivery times.

project44 Gets $45 Million in Funding for Freight Tech Expansion

Erica E. Phillips – Wall Street Journal – October 1, 2018

Supply-chain technology company project44 has raised $45 million in venture-capital funding to accelerate a global expansion effort launched earlier this year.

project44 Raises $45 Million in Funding for Freight Tech Expansion

Tech Startups – October 1, 2018

project44, the Chicago-based supply-chain technology startup has raised$45 million $45 million in venture-capital funding to accelerate a global expansion effort launched earlier this year.

Pro Rata

Dan Primack – Axios – October 1, 2018

project44, a Chicago-based shipping logistics platform, raised $45 million in VC funding led by Sapphire Ventures at a valuation just south of $500 million.

Logistics Startup project44 Raises A $45M Series C

Jason D. Rowley – Crunchbase News – October 1, 2018

With over $90 million in total outside venture funding, project44 is now the shipping, logistics, or supply chain management startup with the highest amount of VC backing operating in Chicago today.

project44 Raises $45 Million to Grow its Predictive Visibility Platform for Shippers

Paul Sawers – Venture Beat – October 1, 2018

project44, a real-time “visibility” platform that lets companies such as logistics firms track their shipments of goods, has raised $45 million in a round of funding led by Sapphire Ventures.

project44 Aims to Revamp Transportation’s Data Networks with Latest Funding Round

Michael Angell – FreightWaves – October 1, 2018

project44 announced it’s raised $45 million in new funding as the company seeks to automate how carriers and shippers book, track and manage their freight.

project44: Democratizing the Amazonification of Shipping

Kevin Diestel – Sapphire Ventures – October 1, 2018

Who better to lead a company to disrupt a trillion-dollar industry than a team who has done it before. That is why we are so excited to join Jett McCandless (CEO) and team with our newest Series C investment in project44.

project44 Secures $45 Million in Funding

Food Logistics – October 1, 2018

project44 has completed a financing round worth $45 million led by Sapphire Ventures. The money will be used to grow the project44’s success in the transportation visibility market by funding continued growth in North America, supporting new product initiatives in advanced visibility and driving international expansion.

project44 Racks Up $45 mln

Iris Dorbian – PE Hub Network – October 1, 2018

Chicago-based project44, an advanced visibility platform for shippers and third-party logistics firms, has secured $45 million in funding.

project44 lands $45 million in venture funds to reinforce growth in API network

DV Velocity – October 1, 2018

Logistics technology vendor project44 said today it has landed $45 million in financing—just six months after collecting a $35 million round—and plans to spend the new capital to reinforce its growth in the transportation visibility market.

Term Sheet — Tuesday, October 2

Polina Marinova – Fortune – October 2, 2018

project44, a Chicago-based advanced visibility platform for shippers and third-party logistics firms, raised $45 million in funding. Sapphire Ventures led the round.

Online freight-tracking service gets $45 million in funding

Paul Demery – Digital Commerce 360 – October 2, 2018

Just six months ago, project44 received $35 million in venture capital to grow out its cloud-based technology, it received a fresh round of $45 million, bringing its running total to $90 million.

Logistics Tech Company project44 Secures $45M in Funding

FinSMEs – October 2, 2018

project44 (p44), a Chicago, IL-based provider of an advanced visibility platform for shippers and third-party logistics firms, completed a financing round of $45m.

project44 Secures $45M in Funding to Expand its Advanced Visibility Platform

American Entrepreneurship Today – October 3, 2018

project44 (p44), the leader in advanced visibility for shippers and third-party logistics firms, today announced it has completed a financing round of $45 million led by Sapphire Ventures, a leading venture capital firm that partners with category-leading growth technology companies.

project44 Raises an Additional $45 Million in New Financing Round

Jeff Berman – Logistics Management – October 4, 2018

Earlier this week, Chicago-based project44 announced it has completed a $45 million financing round, which was spearheaded by Sapphire Ventures.

Q&A: Collaboration, consensus key to successful supply chain transformation

William B. Cassidy – JOC – October 8, 2018

JOC.com senior editor William B. Cassidy sat down with project44 President Tommy Barnes at Transform 2018. Barnes says end-to-end visibility will make supply chains more efficient if shippers collaborate with partners.


« Back to Headlines