# Loadar

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

- Industry: Software
- Headquarters: Belfast, UK
- Website: www.loadar.com
- Total disclosed funding: $3.9M
- Latest round: Seed (Nov 8, 2024)
- Investors on record: 2

## About

Based in Belfast, UK, and founded in 2022, Elvstone Holdings Limited, trading under the name Loadar, operates as a provider of a platform designed to automate and optimize transport procurement and management. It leverages technology to streamline the processes involved in selecting, managing, and coordinating transportation services. In December 2024, Loadar raised EUR 3.8 million in seed funding led by Frontline Ventures, with participation from Techstart Ventures.

Loadar focuses on improving the way transport procurement and management work by offering an online system that connects shippers with the trusted carriers. The firm main products include tools that help with collaboration, automate logistics tasks, and provide real-time updates on transport operations. The company platform allows shippers to manage procurement, track shipments, handle pricing and contracts, and improve communication with carriers using features like load tracking and reports. Loadar's services are used by businesses in logistics, freight, and supply chain management in regions such as North America, Europe, and parts of Asia.

The company plans to use the December 2024 funding to introduce its freight procurement and management platform to the U.S. market and expand its team.

## Funding rounds

- Seed, Nov 8, 2024, $3.9M — Frontline, Techstart Ventures

## Investors

- Frontline (https://capitalatlas.ai/funds/frontline) — Seed
- Techstart Ventures (https://capitalatlas.ai/funds/techstart-ventures) — Seed