
Estes Final Mile
3901 West Broad Street, Richmond, VA, 23230, United States
Overview
Estes has provided top-quality transportation solutions since 1931. Throughout the years, high integrity and an unwavering commitment to their customers have guided their growth from a small, one-man operation to one of the top 25 carriers in the industry.
- Total investments
- 2
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 0
Sector focus
- Transportation
Investment portfolio
- Clockwork Logistics Systems
Participated · Seed · Sep 2021
Clockwork Logistics Systems provides a cloud and mobile POD data logistics platform that automates tendering, dispatch and delivery processes and extends existing operating systems to truck carriers and drivers. The platform captures precise Proof of Delivery data in the delivery moment and is used to digitize complex deliveries including port drayage, LTL, expedited air and final mile. The company manages approximately 1.2 million shipments annually across North America, Brazil, Singapore, Taiwan, Thailand, China, Japan, Korea, Europe and Africa. Led by founder and CEO Rob Haney, Clockwork aims to expand operations and broaden its business reach using the newly raised capital. The product integrates with carriers and drivers to improve data quality and operational visibility for customers. The company intends to deploy the seed proceeds to scale operations and geographic coverage. SensorTransport provides digital tracking, proof of delivery and condition monitoring by combining a smartphone app with low-cost Bluetooth IoT sensors. The sensors log data throughout the cargo journey and are automatically read at delivery using drivers' existing smartphones, which act as an IoT gateway. All captured sensor and shipment data are uploaded to a cloud-based platform and accessed through an online dashboard called the Command Console. The company offers digitized delivery at a disruptive price of less than one euro per shipment. Top brands and leading freight forwarders are already customers, and a Global 3PL customer praised the solution for ensuring only perfect goods enter the market. The company has opened a satellite office in New Jersey and says fresh capital will be deployed primarily into sales and product development.
- HopDrive
Participated · Seed · Jan 2021
Social Auto Transport operates a gig‑economy platform that enables auto dealers, repair shops, fleets, and rental agencies to move vehicles on demand. The platform provides a nationwide marketplace for reliable short‑haul services including sales inventory moves, operational relocations, and concierge pickup and delivery. Led by co‑founder and CEO Nick Mottas, the company aims to remove the expense, time burden, and liability of performing these services with in‑house staff. The company currently operates in Richmond, Charlotte, and Philadelphia and is expanding its market footprint monthly. Social Auto intends to use new funding to expand across the U.S., beginning with Philadelphia and Atlanta launches mentioned in the announcement.
Team
No current team members are available.