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Loadsmart - About the company

Loadsmart is a series D company based in New York City (United States), founded in 2014 by Felipe Capella. It operates as an Online marketplace for booking trucking services. Loadsmart has raised $384M in funding from investors like Maersk Growth, BlackRock and Ports America, with a current valuation of $1.3B. The company has 306 active competitors, including 52 funded and 28 that have exited. Its top competitors include companies like Convoy, Uber Freight and CloudTrucks.

Sectors and market segments that Loadsmart operate in

Loadsmart serves in the Transportation and Logistics Tech market segments.The primary business model of Loadsmart is:

Company Details

Loadsmart is an online marketplace for booking trucking services. Users can generate instant quotes by providing pick-up and delivery addresses and booking a truck. It also provides real-time shipment visibility, access to a curated carrier base, and electronic documentation. Carriers benefit from geo-targeted business as well as a free fleet management solution. The platform is free for shippers and the carriers are charged on a commission basis.
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Registered Address
Harju maakond, Tallinn, Kesklinna linnaosa, Veskiposti tn 2-1002
Key Metrics
Founded Year
2014
Location
New York City, United States
Stage
Series D
Total Funding
$384M in 6 rounds
Latest Funding Round
Post Money Valuation
$1.3B as on Dec 31, 2022
Ranked
Employee Count
522 as on Aug 31, 2026
Investment & Acquisitions
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Loadsmart's funding and investors

Loadsmart has raised a total funding of $384M over 6 rounds. Its first funding round was on Dec 18, 2014. Its latest funding round was a Series D round on Feb 01, 2022 for $250M. 4 investors participated in its latest round. Loadsmart has 24 institutional investors.

Here is the list of recent funding rounds of Loadsmart:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Feb 01, 2022
$250M
Series D
$1.3B
-
Nov 20, 2020
$90M
Series C
$400M
-
Sep 05, 2019
$19M
Series B
-
-
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Loadsmart's founders and board of directors

Founder? Claim Profile
The founders of Loadsmart is Felipe Capella. Felipe Capella is the CEO of Loadsmart.
Here are the details of Loadsmart's key team members:

Loadsmart's Board of Directors

Loadsmart's board has 3 active members. Marcelo Ferreira, Ricardo Salgado and Felipe Capella are independent board members.
Here is the list of Loadsmart's board of directors:
Name
Type
Representing
Status
Duration
Independent board member
-
Current
5y 9m
Independent board member
-
Current
11y 8m
Independent board member
-
Current
5y 9m

Loadsmart's employee count trend

Loadsmart has 522 employees as of Aug 26. Here is Loadsmart's employee count trend over the years:
Employee count trend for Loadsmart
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Loadsmart's Competitors and alternates

Top competitors of Loadsmart include Convoy, Uber Freight and CloudTrucks. Here is the list of Top 10 competitors of Loadsmart, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Convoy
Convoy
2015, Seattle (United States), Acquired
Digital freight network platform for the trucking industry
$828M
74/100
2nd
Logo for Uber Freight
Uber Freight
2017, San Francisco (United States), Series B
Provider of end-to-end logistics and transportation management system solutions
$2.78B
74/100
3rd
Logo for CloudTrucks
CloudTrucks
2019, San Francisco (United States), Series B
Provider of web-based payment management solutions for the transportation industry
$142M
72/100
4th
Logo for Truckstop.com
Truckstop.com
1995, New Plymouth (United States), Acquired
Online load board integrated with freight management functionalities
-
68/100
5th
Logo for Trucker Path
Trucker Path
2013, San Francisco (United States), Acquired
Freight marketplace and assistance app for truckers
$21.5M
68/100
6th
Logo for Loadsmart
Loadsmart
2014, New York City (United States), Series D
Online marketplace for booking trucking services
$384M
67/100
7th
Logo for uShip
uShip
2003, Austin (United States), Series D
Online marketplace connecting customers with carriers for large item transport
$54.4M
67/100
8th
Logo for Echo Global Logistics
Echo Global Logistics
2005, Chicago (United States), Acquired
Supply chain management serivces for enterprises
$17.3M
67/100
9th
Logo for RunBuggy
RunBuggy
2016, Ontario (United States), Series B
Marketplace for car shippers and haulers
$71M
67/100
10th
Logo for Transfix
Transfix
2012, New York City (United States), Series F
Provider of freight technology solutions for brokers and third-party logistics
$125M
65/100
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Loadsmart's Investments and acquisitions

Loadsmart has acquired 3 companies including NavTrac, Opendock and Kamion. Loadsmart has not made any investments as of now.
Here is the list of its acquisitions:
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Sep 28, 2023
Acquisition
2014
Palo Alto (United States)
Nov 05, 2021
Acquisition
2018
Scottsdale (United States)
Nov 05, 2021
Acquisition
2016
Park Ridge (United States)
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Reports related to Loadsmart

Here is the latest report on Loadsmart's sector:

News related to Loadsmart

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Media has covered Loadsmart for 1 event in last 1 year, It was about people movement.
•
Theresa Pham Joins Wayvia as Head of ProductRetail Technology Innovation Hub•Sep 12, 2025•Olo, Amazon, Loadsmart
•
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