Uber subsidiary that connects carriers and shippers – attracts $500 million in investment
Uber Freight is the logistics arm of Uber that helps truck drivers connect with shipping companies.
Separated from Uber in August 2018 as an Uber subsidiary that connects 400,000 truck drivers with 1,000+ shippers who need shipment by applying Uber model.
Uber attracts $3.3 billion worth of investment in preferred stock of Uber Freight, which is not yet profitable despite good prospects, but maintains its majority shareholder position.
Uber Freight
Uber Freight is a logistics and supply chain management firm that provides a mobile application that helps truck drivers connect with shipping companies.
Uber Freight empowers drivers and shippers to connect in a transparent, fair, and sustainable way to create a lasting logistics infrastructure for society.
With its technology, greater transparency, and more opportunities, both shippers and carriers win.
General Information
- Headquarters : San Francisco, CA
- Founders : Bill Driegert, Brian Cristol, Charlie Bergevin, John Stauffer
- Categories : Apps, Logistics, Mobile Apps, Supply Chain Management
- Founded : 2017
- Contact : freight@uber.com
Funding
- Investor: Greenbriar
- Funding Rounds (1) - $500M
- Oct 2, 2020 Series A / $500M
Source: uberfreight
👉• Web: https://www.uberfreight.com/
👉• Video: Uber Freight - YouTube
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