Matson logistics tracking startup, Logistic Growth, announces $1.5M Series A
Logistic Growings, a logistics tracking company, has raised a $1 million Series A round led by B2B VC Andreessen Horowitz.
Logistic Growth uses machine learning and artificial intelligence to track logistics companies and processes.
It was founded in April of 2018 and has a total of 1,500 employees.
The company is currently seeking a funding round.
The round was led by Andreessen Ventures, Sequoia Capital, and Andreessen.
The round is also led by Bill Gates Foundation.
Logistics tracking is used in a number of industries including shipping, logistics, and warehousing.
The use of machine learning in these fields is becoming increasingly common.