Echo Global Logistics
Latest round
- Series D
Last raised
- Aug 2006
Total raised
- $17M
Investors
- 1
About Echo Global Logistics
Based in Illinois, US, Echo Global Logistics, Inc. is a freight transportation arrangement company that was founded in 2005 by Erik Lefkofsky and Brad Keywell. In October 2009, Echo Global Logistics, Inc.7 million shares at USD 14 per share on the Nasdaq Global Market under the ticker symbol ECHO. As of September 2021, the company has expanded with offices across the USA, employing more than 2,500 staff members, with Doug Waggoner as its CEO. In the same month, Echo Global Logistics, Inc.3 billion. Echo Global Logistics, Inc. mainly operates as a business process outsourcing services provider that utilizes technology to provide transportation and supply chain management services. The company has a self-service web portal and mobile app that leverages artificial intelligence, machine learning, and advanced load matching algorithms to quote, book, and track LTL (Less than truckload freight shipping) shipments as well as manage invoices.51 billion in revenue. It mainly generates revenue through the sale of brokerage and transportation management services. Following the agreement in September 2021 to be taken private by The Jordan Company, Echo Global Logistics, Inc. intends to use the private equity firm's additional financial resources and expertise to continue the company's technology and data science platform development.
Who invested in Echo Global Logistics
1 investor across 1 round
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Funding rounds
Series D
Aug 9, 2006
Amount
$17M
Investors
Questions about Echo Global Logistics
Who invested in Echo Global Logistics?
Echo Global Logistics has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Echo Global Logistics raised?
Echo Global Logistics has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Echo Global Logistics last raise money?
Echo Global Logistics's most recent round on record is a Series D, in Aug 2006.
What does Echo Global Logistics do?
Based in Illinois, US, Echo Global Logistics, Inc.
Where is Echo Global Logistics headquartered?
Echo Global Logistics is headquartered in Chicago, US.
Which VCs invest in companies like Echo Global Logistics?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back outsourcing companies at Echo Global Logistics's stage. Their profiles are linked below.
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