What is Logixboard?
Logixboard, founded in 2016 by brothers Juan and Julian Alvarez, is a technology company addressing inefficiencies in the freight forwarding industry. The company's genesis stemmed from firsthand experience with manual processes and customer experience challenges within international freight forwarding. Logixboard's core mission is to leverage technology to create people-first businesses, aiming to revolutionize the freight forwarding customer experience through digital transformation. The company's focus on technology as the future of freight forwarding positions it as a key player in modernizing the logistics sector.
How much funding has Logixboard raised?
Logixboard has raised a total of $45M across 2 funding rounds:
Series A
$13M
Series B
$32M
Series A (2021): $13M with participation from Techstar Ventures, Founders' Co-op, Redpoint Ventures, F-Prime Capital Partners, and Social Leverage
Series B (2022): $32M led by Founders' Co-op, Insight Partners, Social Leverage, Redpoint Ventures, and F-Prime Capital Partners
Key Investors in Logixboard
Founders' Co-op
Founders' Co-op is a seed-stage venture capital fund based in Seattle, focused on investing in ambitious technical founding teams tackling complex enterprise problems. They primarily serve pre-product and pre-revenue companies in the Pacific Northwest, leveraging their extensive network to identify promising startups.
Insight Partners
Insight Partners is a global venture capital and private equity firm that invests in high-growth technology and software companies. They are known for their operational expertise and extensive network, supporting portfolio companies through their growth stages.
Social Leverage
Social Leverage is a partnership that invests in exceptional entrepreneurs in the technology space, bringing entrepreneurial expertise, relationships, and marketing experience to help grow great companies and build great products.
What's next for Logixboard?
The substantial enterprise-level funding and recent strategic investment indicate that Logixboard is poised for significant scaling and further product development. This capital infusion will likely be directed towards expanding its technological capabilities, enhancing its market reach, and potentially exploring new verticals within the broader logistics and supply chain ecosystem. The company's trajectory suggests a continued focus on innovation and operational efficiency, aiming to solidify its position as a leader in technology-driven freight forwarding solutions.
See full Logixboard company page
