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.
- Website
- loadsmart.com
- 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
Investors
Ranked
6th among 306 active competitors
Employee Count
522 as on Aug 31, 2026
Legal entities associated with Loadsmart
Loadsmart is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
LOADSMART, INC. CIN: 32090434724 , United States, Active | Jun 22, 2023 | - | - | - |
LoadSmart OÜ CIN: 16744033 , Estonia, Active | May 22, 2023 | €1M - €10M (As on Dec 31, 2023) | 1 (As on Sep 30, 2024) |
Sign up to download Loadsmart's company profile
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:
Filter 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 | - | - |
View details of Loadsmart's funding rounds and investors
Loadsmart's founders and board of directors
Founder? Claim ProfileThe founders of Loadsmart is Felipe Capella. Felipe Capella is the CEO of Loadsmart.
Here are the details of Loadsmart's key team members:
- Felipe Capella: Co-Founder & CEO of Loadsmart.
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 |
View details of Loadsmart's Founder profiles and Board Members
Loadsmart's employee count trend
Loadsmart has 522 employees as of Aug 26. Here is Loadsmart's employee count trend over the years:
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
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:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Convoy 2015, Seattle (United States), Acquired | Digital freight network platform for the trucking industry | $828M | 74/100 | |
2nd | 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 | CloudTrucks 2019, San Francisco (United States), Series B | Provider of web-based payment management solutions for the transportation industry | $142M | 72/100 | |
4th | Truckstop.com 1995, New Plymouth (United States), Acquired | Online load board integrated with freight management functionalities | - | 68/100 | |
5th | Trucker Path 2013, San Francisco (United States), Acquired | Freight marketplace and assistance app for truckers | $21.5M | 68/100 | |
6th | Loadsmart 2014, New York City (United States), Series D | Online marketplace for booking trucking services | $384M | 67/100 | |
7th | uShip 2003, Austin (United States), Series D | Online marketplace connecting customers with carriers for large item transport | $54.4M | 67/100 | |
8th | Echo Global Logistics 2005, Chicago (United States), Acquired | Supply chain management serivces for enterprises | $17.3M | 67/100 | |
9th | RunBuggy 2016, Ontario (United States), Series B | Marketplace for car shippers and haulers | $71M | 67/100 | |
10th | Transfix 2012, New York City (United States), Series F | Provider of freight technology solutions for brokers and third-party logistics | $125M | 65/100 |
Looking for more details on Loadsmart's competitors? Click here to see the top ones
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) |
See all acquisitions by Loadsmart
Reports related to Loadsmart
Here is the latest report on Loadsmart's sector:
News related to Loadsmart
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
•
•
Loadsmart Reaches Operating Profitability and Forecasts All-Time Record Gross Profit for the YearGlobeNewswire•Oct 17, 2024•Loadsmart
•
ShipperGuide TMS Named a Leader in the G2 Grid® for Transportation Management SystemsGlobeNewswire•Sep 30, 2024•Loadsmart
•
•
General Insulation Company Achieves 18% LTL Savings with LoadsmartGlobeNewswire•May 16, 2024•Loadsmart, General Insulation Company
•
Breakthrough Transportation Logistics Startup Loop Announces $35 Million Series BBusiness Wire•Oct 03, 2023•Loop, J.P. Morgan Asset Management, Index Ventures, Gillig Corporation and 2 others
•
Loadsmart Acquires Computer Vision Startup NavTracSilicon Valley Journals•Sep 28, 2023•Loadsmart, NavTrac
•
Loadsmart Introduces artificial intelligence in its Freight Management PlatformAmerican Journal of Transportation•Jun 20, 2023•Loadsmart
•
Are you a Founder ?
FAQs about Loadsmart
Explore our recently published companies
- Credibility On Tap - Unfunded company
- CV Pro Tools - Springfield based, Unfunded company
- TracyAI - Dijon based, 2025 founded, Unfunded company
- Brivato - Stockholm based, 2025 founded, Unfunded company
- Nkonnect Global Ventures - Hanamkonda based, 2025 founded, Unfunded company
- Mystrymind - Mumbai based, 2025 founded, Unfunded company
