Rose Rocket, a Toronto, Canada-based SaaS startup, raised $25 million in Series A funding to scale its trucking-focused transportation management software (TMS).
The funding round was co-led by Lee Fixel of Addition Capital and Mo Koyfman of Shine Capital, with participation from Ripple Ventures, Scale-Up Ventures, Kevin Mahaffey, Funders Club, and Y-Combinator.
Company: Rose Rocket Inc.
Raised: $25.0M
Round: Series A
Funding Month: October 2021
Lead Investors: Lee Fixel and Mo Koyfman
Additional Investors: Ripple Ventures, Scale-Up Ventures, Kevin Mahaffey, Funders Club, and Y-Combinator
Company Website: http://www.roserocket.com/
Software Category: Transportation management software (TMS)
About the Company: Rose Rocket was founded in 2015 and has been helping transportation companies improve their communication efforts ever since. The platform improves the efficiency of trucking operations by changing how customers, freight movers, and systems communicate with each other.
Source: https://gritdaily.com/rose-rocket-get-ready-to-scale-its-trucking-operating-software-after-raising-25-mln-in-series-a-funding/