Earlier this week, Chicago-based Loadsmart, the provider of a logistics technology platform that enables shippers, carriers, and brokers to efficiently manage an automated supply chain, said it has secured $200 million in Series D financing.
The company said it this financing was spearheaded by lead investor SoftBank Latin America Fund, which is part of the Softbank Group, as well as participation from Series C investor BlackRock, Class I railroad CSX, and global active asset manager Janus Henderson Group. Loadsmart officials said that with this round of financing, the company is now valued at $1.3 billion, a sum that more than triples its Series C valuation compared to a year ago at this time. To date, the company has raised $346.4 million through these four rounds and other forms of financing, according to a company spokesman.
What’s more, in addition to CSX, some of Loadsmart’s backers are comprised of other brand name freight transportation investors, including: Maersk,…