Freight shipping marketplace operator Fleet will put the proceeds from the series A round, which was led by Lufthansa and backed by UPS, into recruitment and product development.

US-based freight shipping marketplace operator Fleet has closed a $10m series A round led by air carrier Lufthansa’s freight subsidiary, Lufthansa Cargo, which included logistics firm UPS.

The round also featured venture capital firms UP2398, Hunt Technology Ventures, VC fund 1517 Fund and existing investors Placid Ventures, Latam Partners, GrowthX Fund, NFQ, Telegraph Hill Capital and David S. Hunt, the founder of Hunt Technology Ventures.

Founded in 2014, Fleet has built an online logistics and shipping marketplace that allows…

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