GlobalTranz is a Phoenix, Arizona–based technology-enabled 3PL that leverages proprietary platforms CommandCenter and CarrierRate to provide freight management services. Its offerings include Less-Than-Truck Load (LTL), Truckload (TL), supply chain management, and domestic air/expedited shipping via a “click and ship” environment. Led by CEO Andrew Leto, the company combines software and freight services to manage shipping operations. GlobalTranz completed a $40M Series C to support continued operational growth. The company intends to use the funds to continue to grow operations and scale its services. GlobalTranz is a Phoenix, Arizona-based logistics management firm founded in 2003. It operates a network of sales agents that serve local to national accounts using its proprietary Transportation Management System, CarrierRate.com. The CarrierRate.com system is designed to optimize the flow and storage of merchandise as goods and materials move within the supply chain. The company is led by CEO Andrew Leto. GlobalTranz closed a $10M first institutional round of financing led by Volition Capital and intends to use the proceeds for working capital and growth investments across different verticals. As part of the financing, Volition Capital's Larry Cheng will join the board and Sean Cantwell will serve as an observer.

Total raised

$50M

Funding rounds

2

Latest round

Series C

Latest activity

Sep 2014