What is Vector?
Vector operates a sophisticated yard management platform engineered to enhance coordination and efficiency across complex logistics operations. By unifying shippers, carriers, and receivers through a robust digital system, the company significantly improves communication, provides critical visibility, and strengthens operational control within distribution and transportation environments. Vector's technology is designed to ensure that freight and logistics activities are executed with precision, guaranteeing that the right load reaches its intended destination punctually, thereby optimizing supply chain performance.
How much funding has Vector raised?
Vector has raised a total of $12.3M across 2 funding rounds:
Series A
$12M
Debt
$350K
Series A (2019): $12M with participation from Goldcrest Capital
Debt (2020): $350K led by PPP
Key Investors in Vector
Goldcrest Capital
Goldcrest Capital is an investment firm that appears to focus on providing capital for companies within the financial services sector, potentially including lending and brokerage operations.
What's next for Vector?
With the recent infusion of enterprise-level capital, Vector is strategically positioned for accelerated growth and further platform development. The company is expected to leverage this investment to expand its market reach, enhance its technological capabilities, and potentially explore new verticals within the logistics and supply chain sector. This funding round signals a pivotal moment for Vector, enabling it to solidify its position as a leader in yard management solutions and drive greater efficiency across the broader logistics ecosystem.
See full Vector company page