Ofload

company

About

Ofload provides an end-to-end freight management platform to connect carriers with large shippers.

Details

Last Funding Type
Series A
Last Funding Money Raised
$20M
Industries
B2B,Freight Service,Logistics,Software,Supply Chain Management
Founded date
May 24, 2019
Number Of Employee
51 - 100
Operating Status
Active
Legal Name
Digital Services Australia IV Pty Ltd
Also Known As
Loadsmile

Ofload is a digital road freight platform that fully tackles inefficiencies. Ofload connects road freight to thousands of reliable carriers and manage it through technology. This means less waste and more data.

Ofload manages end-to-end logistics fulfillment through technology, connects carriers with shippers helping shipments to be delivered quickly and affordably by taking up what would have been empty space in delivery vehicles, allowing businesses to have visibility of their shipments.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
8
$27.30M $60M
Ofload has raised a total of $27.30M $60M in funding over 2 rounds. Their latest funding was raised on Nov 15, 2022 from a Series B round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Nov 15, 2022 Series B $40M 5 Jungle Ventures Detail
Nov 15, 2022 Debt Financing $20M 1 Mars Growth Capital Detail
Dec 7, 2021 Series A $20M 5 King River Capital Detail
Jan 13, 2021 Convertable Note $1.50M 1 Detail
Jan 13, 2021 Convertable Note $1.50M 1 Detail

Investments

Number of Investments
Number of Lead Investments
4
0
Ofload has made 4 investments. Their most recent investment was on Oct 1, 2019, when Atom Finance raised $10.60M.
Date Company Name
Round Money Raised Industry Lead Investor
Oct 1, 2019 Atom Finance
Series A $10.60M Education
Sep 25, 2019 Laika
Seed $2.95M Compliance
Sep 16, 2019 Beekeeper
Series B $45M Enterprise Software
Jul 18, 2019 The Org
Seed $2.50M Communities

Investors

Number of Lead Investors
Number of Investors
5
10
Ofload is funded by 10 investors. Jungle Ventures and Mars Growth Capital are the most recent investors.
Investor Name Lead Investor Funding Round
Jungle Ventures Yes Series B
Mars Growth Capital Yes Debt Financing
Rocket Internet Yes Pre-seed
Bay Grove Series B
Foundamental Series B
King River Capital Series B
Maersk Growth Series B
Flexport Series A
Global Founders Capital Series A
Flash Ventures Seed

Employee Profiles

Number of Employee Profiles
2
Ofload has 2 current employee profiles, including Executive Jack Shi
Executive
Executive