# SmartHop

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

- Industry: Software
- Headquarters: Miami, US
- Website: www.smarthop.com
- Total disclosed funding: $47M
- Latest round: Series B (Jan 6, 2022)
- Investors on record: 9

## About

Based in Florida, US, and founded in 2018 by Guillermo Garcia, Joaquin Brillembourg, and Miguel Sucre, SmartHop, Inc. operates as a developer of a freight dispatching and planning platform designed to make logistics easy and affordable. SmartHop empowers freight companies and drivers with the tools to optimize their loads, plan smarter routes, and grow their businesses. Co-founder and CEO, Guillermo Garcia worked as a pet food delivery driver and turned it into a 500-person trucking company in his native Venezuela before immigrating to the US. He attended Columbia business school, built a small carrier service in Miami, and eventually launched SmartHop in 2018.   

The company's platform uses machine learning technology to modernize the traditional dispatching model and features performance tracking, digital booking, and customized load suggestions and automates the route planning and dispatching decision-making process. In February 2021, the company received a series A funding led by Union Square Ventures. The company has grown its team and network, adding a number of trucking and logistics veterans, and announcing key partnerships with logistics players including Loadsmart, Redwood Logistics, and Parade.

The company will use the financing from its Series A round to continue investing in its full-service dispatching platform, to grow its team, and to seek strategic partnerships that enable small trucking companies to make smarter decisions that boost revenues and give them more control of their business.

## Funding rounds

- Series B, Jan 6, 2022, $30M — Union Square Ventures, Greycroft, Sozo Ventures, Alumni Ventures Group, Everywhere Ventures, Equal Ventures, Ryder Ventures, Las Olas Capital Advisors
- Series A, Feb 10, 2021, $12M — Union Square Ventures, Greycroft, Equal Ventures, Ryder Ventures, Las Olas Capital Advisors
- Seed, Jul 21, 2020, $4.5M — Greycroft, Techstars, Everywhere Ventures, Equal Ventures, Las Olas Capital Advisors
- Seed, Jul 15, 2019 — TechStars, Techstars, Everywhere Ventures

## Investors

- TechStars (https://capitalatlas.ai/funds/techstars) — Seed
- Everywhere Ventures (https://capitalatlas.ai/funds/everywhere-ventures) — Seed, Series B
- Greycroft (https://capitalatlas.ai/funds/greycroft) — Seed, Series A, Series B
- Equal Ventures (https://capitalatlas.ai/funds/equal-ventures) — Seed, Series A, Series B
- Las Olas Capital Advisors (https://capitalatlas.ai/funds/las-olas-capital-advisors) — Seed, Series A, Series B
- Union Square Ventures (https://capitalatlas.ai/funds/union-square-ventures) — Series A, Series B
- Ryder Ventures (https://capitalatlas.ai/funds/ryder-ventures) — Series A, Series B
- Sozo Ventures (https://capitalatlas.ai/funds/sozo-ventures) — Series B
- Alumni Ventures Group (https://capitalatlas.ai/funds/alumni-ventures-group) — Series B