Freightpay provides a payments platform that digitizes payments and connects remittance data to reduce AR/AP errors and streamline finance operations for the global supply chain. The company targets customers in global logistics, third-party logistics providers, and freight forwarders. Co-founded by Joe Magee and Brandon Brotsky, Freightpay automates reconciliations and discrepancy workflows between shippers and carriers. The company says its platform enables finance teams to transact more efficiently and improve cash flow. Freightpay intends to use the new funds to enhance its ability to help customers improve cash flow and streamline financial operations by digitizing payments, reconciliations, and discrepancies.

Total raised

$2M

Funding rounds

1

Latest round

Equity

Latest activity

Mar 2022