About Emerge
Emerge is a company based in Scottsdale (United States) founded in 2014 by Jack Holmes and Andrew Leto. It operates as a SaaS (Software-as-a-Service) and Two-Sided Marketplace. Emerge has raised $190 million across 4 funding rounds from investors including Tiger Global, Spruce House Investment Management and NewRoad Capital Partners. Emerge offers products and services including ProcureOS, Emerge AI, Emerge Marketplace, and Spot Procurement. Emerge operates in a competitive market with competitors including Echo Global Logistics, Transfix, uShip, Uber Freight and Loadsmart, among others.
- Headquarter Scottsdale, United States
- Founders Jack Holmes, Andrew Leto
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Sectors
Transportation, Automotive & Logistics
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Phone
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Website
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Social
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- Legal Name Emergetech Llc
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$190 M (USD)
in 4 rounds
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Latest Funding Round
$130 M (USD), Series B
Sep 23, 2021
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Investors
Tiger Global
& 4 more
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Employee Count
Not available
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Products & Services of Emerge
Emerge offers a comprehensive portfolio of products and services, including ProcureOS, Emerge AI, Emerge Marketplace, and Spot Procurement.
Freight spend is managed with comprehensive procurement tools.
Procurement efficiency is boosted by predictive analytics tools.
Carrier networks are expanded through a vetted marketplace.
Spot coverage is secured quickly with confident rates.
People of Emerge
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Funding Insights of Emerge
Emerge has successfully raised a total of $190M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $130 million completed in September 2021. 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.
Investors in Emerge
Emerge has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Tiger Global, Spruce House Investment Management and NewRoad Capital Partners.
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Venture and private equity investments are managed with global diversification.
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An operator-led investment firm focused on smarter commerce solutions.
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Multiple sectors are targeted for venture capital investments by Greycroft.
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Investor details for Emerge
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Investments & Acquisitions by Emerge
Investment portfolio details for Emerge
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Financial Statements - Emerge
Detailed financials for Emerge
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Emerge Comparisons
Peer comparison for Emerge
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Competitors of Emerge
Emerge 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 Echo Global Logistics, Transfix, uShip, Uber Freight and Loadsmart, among others.
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Technology-enabled supply chain and transportation services are provided to enterprises.
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Offers a marketplace providing on-demand load matching and freight booking services
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Global online marketplace for freight and vehicle shipping is facilitated.
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Trucking carriers are matched with shippers via an online marketplace.
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Trucking services are booked via an online marketplace platform.
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Web-based payment solutions are offered for trucking operations.
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Detailed competitors of Emerge
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Latest news on Emerge
Complete news archive for Emerge
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Frequently Asked Questions about Emerge
Emerge was founded in 2014 and raised its 1st funding round 4 years after it was founded.
Emerge is headquartered in Scottsdale, United States. It is registered at Scottsdale, Arizona, United States.
Andrew Leto is the current CEO of Emerge. They have also founded this company.
Emerge is a funded company, having raised a total of $190M across 4 funding rounds to date.
Transportation spend is managed through advanced procurement solutions by Emerge. Freight procurement is streamlined with tools like ProcureOS for contract negotiations and RFPs. AI-driven insights are offered via Emerge AI for predictive analytics and decision support. A vast network of carriers is accessed through Emerge Marketplace for reliable partnerships. Spot procurement needs are addressed with efficient tools to secure rates. The logistics and supply chain sectors are primarily served with integrations for TMS and data partners.
Emerge's top competitors include uShip, Transfix and Uber Freight.
Emerge offers ProcureOS, Emerge AI, Emerge Marketplace, and Spot Procurement.
Emerge has 5 investors. Key investors include Tiger Global, Spruce House Investment Management, NewRoad Capital Partners, Greycroft, and 9Yards Capital.