# ClockWork Logistics Systems

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/clockwork-logistics-systems

- Industry: Software
- Headquarters: Newark, US
- Website: www.clockworkdelivery.com
- Total disclosed funding: $8.5M
- Latest round: Seed (Sep 8, 2021)
- Investors on record: 6

## About

Based in New Jersey, US, and founded in 2017, ClockWork Logistics Systems, Inc. operates as a developer of a cloud-based digital delivery platform used for the connection of global shippers and independent carriers. The company was co-founded by its current CEO Rob Haney, along with Sascha Peyer. In September 2021, the company raised USD 5.5 million in seed funding led by its returning investor Newtown Partners, with participation from other returning investors Estes Final Mile, Vineta Ventures, and Newark Venture Partners, and new investor PSA UnboXed.

The company's platform digitizes the logistics processes, maintains the existing truck carrier network, supply chain with real-time updates, and automates the supply chain procedures with real-time updates. It also provides a mobile application used to integrate with the clients' existing system.

The seed funding will be used by ClockWork Logistics Systems to fund its plan to expand its business reach and operations.

## Funding rounds

- Seed, Sep 8, 2021, $5.5M — NVP Capital, Newtown Partners, PSA unboXed, Estes Express Lines, Vineta Ventures
- Seed, Jul 26, 2021, $3M — Newtown Partners, Estes Express Lines, Vineta Ventures
- Seed, Jun 5, 2018 — Maersk Growth

## Investors

- Maersk Growth (https://capitalatlas.ai/funds/maersk-growth) — Seed
- Newtown Partners (https://capitalatlas.ai/funds/newtown-partners) — Seed
- Estes Express Lines — Seed
- Vineta Ventures (https://capitalatlas.ai/funds/vineta-ventures) — Seed
- NVP Capital — Seed
- PSA unboXed (https://capitalatlas.ai/funds/psa-unboxed) — Seed
