Forager is a venture-backed technology company in Chicago that provides cross-border solutions to the logistics industry. Its core product is SCOUT by Forager, launched in October 2019, described as the industry’s first comprehensive cross-border pricing and booking portal that can instantly book, track, and manage loads between the US, Mexico, and Canada with exception management from a multilingual operations team. The company announced an update to SCOUT in Spring 2020 and plans additional products later in 2020. Forager intends to ramp up engineering and product hiring and add logistics experts to accelerate product development. The company has made key executive appointments, including Marc Kiven as President and Eric Lunt joining the board, and has been named to FreightWaves’ "FreightTech 100" and other startup watch lists. As of this financing, Forager has raised a total of $14.5 million since launch. Forager is launching ForagerSCS.com, a technology platform that brings on-demand pricing and capacity to cross-border freight between the U.S., Mexico and Canada. The customer portal provides instant pricing, booking for cross-border loads, and regular tracking updates. To support the product build and technology strategy, Forager appointed Matt Weber as CTO to lead product innovation and an experienced development team. CEO Matt Silver framed the platform as a way to better manage historically opaque cross-border processes. The company recently rebranded by dropping "Logistics" from its name and introducing a new logo and URL to reflect its mission. Forager is venture-backed and closed a $3.25M Seed round to support growth and the technology launch. The company announced the updates from Chicago.

Total raised

$13M

Funding rounds

2

Latest round

Series A

Latest activity

Mar 2020