MyCarrier is a technology company.
MyCarrier has raised $33.0M across 2 funding rounds.
MyCarrier has raised $33.0M in total across 2 funding rounds.
MyCarrier has raised $33.0M in total across 2 funding rounds.
MyCarrier's investors include 01 Ventures, Corazon Capital, Hustle Fund, Lerer Hippeau, Motivate Ventures, Plug & Play Ventures, Alex Rodriguez.
MyCarrier is a Scottsdale, Arizona-based technology company founded in 2017 that builds a SaaS transportation management system (TMS) focused on less-than-truckload (LTL) and full truckload (FTL) shipping.[1][2][3] It serves small and medium-sized businesses (SMBs), 3PLs, and shippers across North America by providing a web-based platform for real-time quoting, instant dispatching, live tracking, invoice auditing, and carrier payments, solving inefficiencies in freight management like manual processes, lack of visibility, and middleman markups.[1][2][5] The platform connects users directly to major carriers, automating the end-to-end shipping process from order to invoice, with strong growth including 16.5k+ daily shipments, 350k+ monthly shipments, 7k+ monthly customers, and $110m+ monthly platform revenue; it has raised $30M total funding, reaching Series B stage.[1][5]
MyCarrier was co-founded in 2017 (with some sources noting 2016) by CEO Mike Bookout and President/COO & CPO Chris Scheid, alongside CTO John Hess, with a leadership team including CFO Taylor Mitchell, VP of Network Sales Bobby Russell, and VP of Marketing Rebecca Jasch.[3][4] The idea emerged from recognizing pain points in LTL shipping, where shippers faced outdated manual operations, limited carrier visibility, and broker inefficiencies; the founders aimed to deliver innovative software streamlining carrier-shipper experiences for better business outcomes.[2][4] Early traction built through direct carrier partnerships and integrations, leading to Series B funding of $22M about three years ago (total $30M raised), recognition as a FreightTech Top 25 company for two years, and expansions like Curant payment tech integration in 2024.[1][3]
MyCarrier rides the FreightTech wave, capitalizing on digital transformation in logistics amid e-commerce growth, supply chain disruptions, and demand for efficient LTL/FTL management in a $1T+ North American freight market.[1][2] Timing aligns with post-pandemic shipping surges and automation needs, where outdated processes waste time and money; market forces like rising fuel costs, carrier capacity constraints, and SMB digitization favor direct-access platforms over brokers.[1][5] It influences the ecosystem by empowering SMBs and 3PLs with carrier-direct tools, reducing leaks in freight spend, and fostering innovations like API integrations (e.g., P44 Freight API), earning CB Insights leadership ranking among peers like Motive and Parade.[1]
MyCarrier's momentum—evidenced by scaling to $110M+ monthly platform revenue and workforce expansion—positions it for accelerated growth in FreightTech, potentially through further carrier partnerships, international expansion, or AI-enhanced analytics.[1][3][5] Trends like real-time supply chain visibility, sustainable logistics, and embedded fintech (e.g., recent Curant integration) will shape its path, amplifying influence as SMBs consolidate TMS providers amid consolidation in the space.[3] As a Series B leader, expect acquisitions, deeper enterprise penetration, or IPO pursuit, solidifying its role in transforming LTL shipping from fragmented to streamlined. This builds on its core promise: direct connections automating freight for exceptional outcomes.[2][4]
MyCarrier has raised $33.0M across 2 funding rounds. Most recently, it raised $22.0M Series B in September 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Sep 1, 2022 | $22.0M Series B | 01 Ventures, Corazon Capital, Hustle Fund, Lerer Hippeau, Motivate Ventures, Plug & Play Ventures, Alex Rodriguez | |
| Mar 1, 2021 | $11.0M Series A | 01 Ventures, Corazon Capital, Hustle Fund, Lerer Hippeau, Motivate Ventures, Plug & Play Ventures, Alex Rodriguez |