Loadsmart has pushed its total funding to $34.7m following a $21.6m series A round co-led by Maersk Growth, Connor Capital and Chromo Invest.

US-based freight services marketplace Loadsmart has secured $21.6m in a series A round co-led by Maersk Growth, the corporate venturing vehicle for shipping, transport and energy group AP Moller – Maersk.

Transport-focused investment firm Connor Capital and alternative investment manager Chromo Invest co-led the round with Maersk. The funding was raised alongside the formation of a strategic partnership with Oaktree Capital Management.

Loadsmart uses artificial intelligence technology to broker freight shipments, enabling shippers to rapidly organise truck deliveries. It guarantees…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.