About Echo Global Logistics
Echo Global Logistics is a company based in Chicago (United States) founded in 2005 by Bradley Keywell was acquired by TJC in September 2021.. Echo Global Logistics has raised $17.3 million across 1 funding round from investors including NEA, Commonwealth Capital Ventures and Z47. Echo Global Logistics has completed 8 acquisitions, including Comcar Logistics, Command Transportation and Fastmore Logistics. Echo Global Logistics operates in a competitive market with competitors including Transfix, uShip, Uber Freight, BlackBuck and TruKKer, among others.
- Headquarter Chicago, United States
- Founders Bradley Keywell
- Stage Public
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Echo Global Logistics, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$17.3 M (USD)
in 1 rounds
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Latest Funding Round
$17.3 M (USD), Series D
Aug 09, 2006
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Investors
NEA
& 3 more
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Employee Count
Employee Count
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Investments & Acquisitions
Comcar Logistics
& 7 more
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Acquired by
TJC
(Sep 10, 2021)
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Sales and Marketing
109 people
Operations Team
53 people
Leadership Team
46 people
Product Management Team
30 people
Software Development Team
21 people
Finance and Accounting
17 people
Data Analysis and Operations Team
10 people
Human Resources and Administration
9 people
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Funding Insights of Echo Global Logistics
Echo Global Logistics has successfully raised a total of $17.3M through 1 strategic funding round. The most recent funding activity was a Series D round of $17.3 million completed in August 2006. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series D — $17.3M
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First Round
First Round
(09 Aug 2006)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2006 | Amount | Series D - Echo Global Logistics | Valuation | New Enterprise Associates |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Echo Global Logistics
Echo Global Logistics has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include NEA, Commonwealth Capital Ventures and Z47. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital investments are offered to startups by NEA.
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Founded Year | Domain | Location | |
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Tech & offline focused VC firm investing in early & growth stage startups in the US
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Founded Year | Domain | Location | |
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Venture capital investment firm
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Echo Global Logistics
Echo Global Logistics has strategically engaged in corporate development activities, having acquired 8 companies. Notable acquisitions include Comcar Logistics, Command Transportation and Fastmore Logistics. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Managed freight transportation services for LTL and FTL are provided.
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2014 | ||||
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Freight services are connected via a mobile booking platform.
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2010 | ||||
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Logistics and transportation services are provided in the United States.
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2005 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Echo Global Logistics
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Echo Global Logistics Comparisons
Competitors of Echo Global Logistics
Echo Global Logistics operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Transfix, uShip, Uber Freight, BlackBuck and TruKKer, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Offers a marketplace providing on-demand load matching and freight booking services
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| domain | founded_year | HQ Location |
Global online marketplace for freight and vehicle shipping is facilitated.
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| domain | founded_year | HQ Location |
Trucking carriers are matched with shippers via an online marketplace.
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| domain | founded_year | HQ Location |
Fleet operators are connected with truckers through a digital marketplace.
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| domain | founded_year | HQ Location |
Trucking services are booked via an online marketplace platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Echo Global Logistics
Frequently Asked Questions about Echo Global Logistics
When was Echo Global Logistics founded?
Echo Global Logistics was founded in 2005 and raised its 1st funding round 1 year after it was founded.
Where is Echo Global Logistics located?
Echo Global Logistics is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Is Echo Global Logistics a funded company?
Echo Global Logistics is a funded company, having raised a total of $17.3M across 1 funding round to date. The company's 1st funding round was a Series D of $17.3M, raised on Aug 09, 2006.
What does Echo Global Logistics do?
Echo Global Logistics was founded in 2005 and is headquartered in Chicago, United States. Operations focus on the logistics sector, where technology-enabled transportation and supply chain management services are delivered. Solutions encompass all transport modes, including less-than-truckload, full-truckload, and intermodal, to support enterprise clients across various geographies.
Who are the top competitors of Echo Global Logistics?
How many acquisitions has Echo Global Logistics made?
Echo Global Logistics has made 8 acquisitions, including Comcar Logistics, Command Transportation, and Fastmore Logistics.
Who are Echo Global Logistics's investors?
Echo Global Logistics has 4 investors. Key investors include NEA, Commonwealth Capital Ventures, Z47, and TJC LP.
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