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§ Private Profile · Austin, TX, USA
A freight brokerage and 3PL company connecting shippers and carriers for nationwide goods delivery using proprietary technology.
Founded in 2014 by Matt Pyatt and Eric Dunigan, Arrive Logistics is an Austin, Texas-based third-party logistics and freight brokerage firm that connects commercial shippers with a nationwide network of motor carriers. The company utilizes its proprietary ARRIVEnow software platform to automate supply chain operations, optimize freight routing, and facilitate approximately 5,000 daily truckloads across a network of over 70,000 carrier partners. Operating across nine physical offices with a workforce of 2,000 employees, the enterprise generated $1.8 billion in annual revenue in 2023, following a peak of $2.35 billion in 2022. The brokerage has secured more than $300 million in total funding from institutional investors including ATL Partners, Temasek, British Columbia Investment Management Corporation, and Lead Edge Capital. The B2B platform serves corporate shippers across the United States and Mexico, including major consumer brands like Nutrabolt.
Arrive Logistics has raised $325.0M across 2 funding rounds.
Arrive Logistics has raised $325.0M in total across 2 funding rounds.
Arrive Logistics has raised $325.0M across 2 funding rounds. Most recently, it raised $300.0M Other Equity in April 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Apr 28, 2021 | $300M Venture Round | Paul Teske | Baupost Group, British Columbia Investment Management Corporation, Temasek | Announced |
| Jun 18, 2019 | $25M Series B | Nimay Mehta | — | Announced |
Arrive Logistics has raised $325.0M in total across 2 funding rounds.
Arrive Logistics's investors include Paul Teske, Baupost Group, British Columbia Investment Management Corporation, Temasek, Nimay Mehta.