# Uber Freight

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/uber-freight

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.uberfreight.com
- Total disclosed funding: $500M
- Latest round: Series A (Oct 2, 2020)
- Investors on record: 1

## About

Uber Freight LLC is a logistics technology company that connects shippers with carriers, streamlining freight transportation through advanced solutions and real-time tracking capabilities.Uber Freight LLC was founded in 2017 and operates from its headquarters in San Francisco, US. The company specializes in logistics solutions that enhance supply chain efficiency. Founded by Bill Driegert, who has a history in the logistics industry, Uber Freight has made strategic pivots in its business model to adapt to evolving market demands. The firm has secured USD 550 mn in total funding, with the latest round occurring on November 25, 2021, involving investors such as the Abu Dhabi Growth Fund, D1 Capital Partners, GCM Grosvenor, and TPG.Uber Freight offers a comprehensive suite of logistics solutions that include a Transportation Management System (TMS), managed transportation services, and freight management for truckload, less-than-truckload, intermodal, and ocean freight. These solutions cater to a diverse clientele, enabling real-time tracking, upfront pricing, and instant booking, thereby optimizing logistics operations. Additionally, the company provides consulting services in network design, transportation planning, and procurement to assist clients in adapting to market changes.Uber Freight generates revenue primarily from its transportation management services and freight brokerage operations, facilitating business-to-business transactions with shippers and carriers. The service agreements provide shippers access to competitive pricing and reliable capacity across transportation modes. Revenue comes from service fees tied to transportation services, including managed transportation and consulting, leveraging an extensive carrier network to meet diverse client needs.The most recent funding round of USD 550 mn in November 2021 will support Uber Freight's growth initiatives, which include designing new products and expanding into international markets. The company is looking to enhance its technology offerings and plans to target new regions in North America and Europe for expansion. These efforts are aimed at ensuring that Uber Freight can meet the increasing demand for logistics solutions globally.

## Funding rounds

- Series A, Oct 2, 2020, $500M — Greenbriar Equity Group

## Investors

- Greenbriar Equity Group (https://capitalatlas.ai/funds/greenbriar-equity-group) — Series A