Mothership is a technology company.
Mothership has raised $76.0M across 1 funding round.
Mothership has raised $76.0M in total across 1 funding round.
Mothership has raised $76.0M in total across 1 funding round.
Mothership's investors include Acrew Capital, Alt Capital, Andreessen Horowitz, Benchmark, Bow Capital, Elefund, Fifth Wall, Greylock, OMERS Ventures, Quiet Capital, Sapphire Ventures, Susa Ventures.
Mothership is a technology company founded in 2017 that builds a digital freight marketplace modernizing less-than-truckload (LTL) and same-day shipping in the logistics industry.[1][2][5] It serves e-commerce, retail, 3PLs, legacy LTL carriers, and businesses needing reliable freight delivery, solving pain points like unreliable service, high costs, and lack of transparency through AI-driven route optimization, predictive dispatch, real-time tracking, and pre-negotiated rates.[1][2][4] The platform delivers 97% on-time pickups and deliveries, 10x lower claims, and 40% lower rates, with strong growth evidenced by $76M in total funding (latest Seed VC round), over 83,000 customers, 1 million AI-processed orders by early 2025, and expansion to nationwide coverage.[2][3][4]
Mothership was founded in 2017 by CEO Aaron Peck in Austin, Texas (with early roots noted in Los Angeles and California), initially under the name Bolt before rebranding to Mothership Technologies, Inc.[2][3][5] Peck's team developed proprietary in-house technology to address the antiquated freight industry's inefficiencies, starting with a platform connecting shippers to nearby trucks for instant bookings, real-time tracking, and same-day local transit.[1][3] Early traction came from AI agents delivering over 1 million price quotes and processing 1 million orders by March 2025, culminating in a pivotal $76M funding round from investors like Benchmark, WestCap, and Bow Capital to scale nationwide.[2][3]
Mothership rides the wave of AI-driven logistics transformation, capitalizing on e-commerce growth and supply chain digitization post-pandemic, where demand for same-day and reliable LTL shipping has surged.[1][2][4] Timing is ideal amid market forces like rising freight volumes, labor shortages, and legacy carriers' inefficiencies, positioning Mothership to capture share in a $800B+ U.S. trucking market through tech that outpaces traditional brokers.[1][2] It influences the ecosystem by empowering 3PLs and carriers with automated routing for higher throughput at lower costs, fostering transparency and affordability while integrating generative AI agents that evolve with advancing models.[2][4]
Mothership is poised for hypergrowth with its $76M war chest fueling nationwide expansion and AI enhancements, potentially dominating on-demand freight as models improve and customer base scales beyond 83,000.[2][3] Trends like generative AI in logistics, e-commerce acceleration, and multimodal tracking will amplify its edge, evolving it from regional disruptor to national leader—much like how it already turned antiquated freight into a seamless, ultra-reliable marketplace.[1][4]
Mothership has raised $76.0M across 1 funding round. Most recently, it raised $76.0M Venture Round in May 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| May 1, 2022 | $76.0M Venture Round | Acrew Capital, Alt Capital, Andreessen Horowitz, Benchmark, Bow Capital, Elefund, Fifth Wall, Greylock, OMERS Ventures, Quiet Capital, Sapphire Ventures, Susa Ventures, UpHonest Capital, WestCap, Adrian Aoun, Charlie Songhurst |