Happy Returns, the in-person return logistics provider for online purchases, has been acquired by Paypal. Terms of the transaction were not disclosed.
Logistics
Curri Raises $6M for its Last-Minute Delivery Service for Construction Materials
Any construction project has various moving parts that need to be carefully coordinated so that projects are completed on time and on budget. More often than not, there are delays resulting from one facet of the project that ripples into the entire timeline. Curri tackles the availability of building materials with its on-demand delivery service that empowers building materials suppliers to meet the demanding needs of their customers. The company’s platform lets suppliers and distributors select from Curri’s fleet of cars, trucks, flatbeds, or vans operated by gig workers, paying for the appropriate last-mile delivery vehicle based on actual usage similar to ride-sharing. This relieves the supplier of having to maintain an in-house fleet, leading to optimized shipping costs as the last-mile delivery portion is the single most expensive part of the supply chain for building materials. LA TechWatch caught up with Growth Marketing Manager Alice Warnier to learn more about bringing tech-powered logistics to the construction industry, the company strategic plans, and latest funding from investors that include Brick & Mortar Ventures, Initialized Capital, and Rainfall Ventures.
Swoop Raises $3.2M to Make Booking Group Transportation as Easy as Ordering an Uber
Anyone who has ever been in charge of organizing a group trip is familiar with all the planning that goes into it, and executing the most basic plans like how to get from point A to point B can kickstart a flurry of activity that includes hours of Google searches and phone calls with various vendors. Swoop makes it as easy as ordering an Uber with its group transportation booking platform that digitizes mom-and-pop group chauffeur operators. CRO and Cofounder Peter Evenson shares more insight on how Swoop is bringing SaaS to a historical paper and pencil industry, the company’s future plans, and recent funding round.
Dray Alliance Raises Another $10.2M to Remove Bottlenecks in the Multi-Billion Dollar Drayage Industry
The ports logistics market is estimated to be at $50B per annum and Dray Alliance is focused on bringing technology to this market that’s traditionally been run with paper and pencil and if sophisticated – a spreadsheet. Dray Alliance’s signature app seamlessly connects truckers and shippers to bring an Uber-like efficiency to the drayage industry. With the […]
Reinventing The Wheel, Autonomously
Logistics in America is one of the fastest-growing private sectors of the economy, generating more than $1.6 trillion of spending (or close to 10% of GDP) in supply chain, transportation, and distribution investments.
Amalgam Cements the Future of Blockchain through Its Massive Partnership with The LA Clippers
There has been a lot of speculation about how blockchain and cryptocurrency will infiltrate the masses, and Amalgam may just be the solution. This LA startup just entered into a partnership with the LA Clippers and the Staples Center, so Clippers fans now have the option to buy concession food through Amalgampay, which instantly converts […]
NEXT Trucking Raises Another $97M to Play Matchmaker for the Freight Industry
Technology built for the trucking industry has traditionally been overlooked and the process of freight planning can be time- consuming, slow, prone to human error with details that have traditionally been relayed using handwritten notes. NEXT Trucking has reinvented the way in which shippers and truckers do business, through its technology platform, by managing the details of […]
Shipsi Raises $1.9M to Bring Online Retailers the Power of Instant Delivery
Amazon has set the precedent for shipping methods, and now every consumer expects instant delivery, so how can online retailers meet these new consumer expectations? Shipsi is the frictionless solution that provides an “Instant Delivery” option that integrates into any existing websites checkout page. Shipsi partners with last-mile delivery networks, so consumers can receive their online […]
This LA Startup Just Raised $5M to Solve The Toughest Problem in The Emerging Cannabis Industry
Cannabis has been around for thousands of years, yet the modern supply chain infrastructure for it is severely lacking, so WAYV bridges that gap by introducing the first-ever supply chain logistics platform and integrated marketplace for cannabis. This platform connects licensed brands to licensed retailers and has various management functions such as detailed order tracking and […]
Dray Alliance Raises $1.1M to Digitize The Container Industry
The US container industry is estimated to be ~$10B but it still operates utilizing archaic, outdated methods. LA startup Dray Alliance changes that by digitizing the container industry with its on-demand platform that allows shippers to instantaneously find drivers for freight shipments. Integrated with AI functionalities, Dray Alliance provides full transparency and information so that drivers can […]
Momentum IoT Raises $3.1M to Build The Most Sophisticated GPS for Fleet Management
Named a “Mobile IoT Innovator” by GSMA (the global system for mobile communications), Momentum IoT completely changes the fleet management industry through its cloud-managed telemetrics tracking solutions. This product was created to help small and mid-sized fleet managers, that have anywhere from 10-100 vehicles, locate and manage their trucks, trailers, heavy and light equipment to […]