# EmergeTech

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/emergetech

- Industry: Software
- Headquarters: Scottsdale, US
- Website: http://www.emergemarket.com
- Total disclosed funding: $165M
- Latest round: Series B (Sep 21, 2021)
- Investors on record: 5

## About

Based in Arizona, US, and founded in 2017 by co-CEOs and brothers Michael and Andrew Leto, EmergeTech, LLC trading under the name Emerge Transportation operates as a developer of a web-based transportation management platform designed to assist freight professionals to visualize, source, and communicate. The brothers previously founded freight brokerage GlobalTranz in 2003, with a valuation of USD 1.55 billion before it merged with Worldwide Express in June, and visibility provider 10-4 Systems in 2012, which was acquired by Trimble in 2017. In September 2021, the company raised USD 130 million in Series B funding co-led by 9Yards Capital, Tiger Global Management, and The Spruce House Partnership. Emerge uses a real-time transportation management system for tracking shipments, reporting, creation, and sending of price quotes, and communication with customers, enabling companies to curb disorganization and get real-time visibility when they move products across the country.

## Funding rounds

- Series B, Sep 21, 2021, $125M — Greycroft, Tiger Global Management, NewRoad Capital Partners, Spruce House Investment Management, 9Yards Capital
- Series A, Jan 3, 2020, $20M — Greycroft, NewRoad Capital Partners, 9Yards Capital
- Seed, Nov 15, 2018, $20M — Greycroft

## Investors

- Greycroft (https://capitalatlas.ai/funds/greycroft) — Seed, Series A, Series B
- NewRoad Capital Partners (https://capitalatlas.ai/funds/newroad-capital-partners) — Series A, Series B
- 9Yards Capital (https://capitalatlas.ai/funds/9yards-capital) — Series A, Series B
- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series B
- Spruce House Investment Management — Series B