About RXO
RXO is a company based in Chicago (United States) founded in 2006 was acquired by RXO in June 2024. It operates as a SaaS (Software-as-a-Service), Managed Services, and Two-Sided Marketplace. RXO has completed 2 acquisitions, including Access America Transport and Integra Logistics Services. RXO offers products and services including Truckload, Less-than-Truckload, Managed Transportation, Last Mile Delivery, and Expedite Services.
- Headquarter Chicago, United States
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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 Rxo Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
United Parcel Service
& 2 more
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Employee Count
Employee Count
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Investments & Acquisitions
Access America Transport
& 1 more
- Acquired by
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Products & Services of RXO
RXO offers a comprehensive portfolio of products and services, including Truckload, Less-than-Truckload, Managed Transportation, Last Mile Delivery, and Expedite Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Truckload services are provided for various freight types.
LTL services are offered through a carrier network.
Transportation management is handled for cost-efficient supply chains.
Last mile delivery is provided for heavy goods.
Urgent freight movement is facilitated by ground or air.
Ocean and air freight forwarding is supported globally.
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Funding Insights of RXO
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2019 | Amount | Private Equity Round - RXO | Valuation | Hastings Equity Partners |
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| 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 RXO
RXO has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include United Parcel Service, RXO and Hastings Equity Partners. 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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Founded Year | Domain | Location | |
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Packages and freight are delivered worldwide by UPS.
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Founded Year | Domain | Location | |
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Cloud based platform providing freight forwarding solutions
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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 RXO
RXO has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Access America Transport and Integra Logistics Services. 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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Freight forwarding and logistics services are provided globally from Houston.
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2003 | ||||
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Transportation services are provided nationwide by Access America Transport.
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2002 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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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.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - RXO
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Rxo Comparisons
Competitors of RXO
| 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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Frequently Asked Questions about RXO
When was RXO founded?
RXO was founded in 2006 and raised its 1st funding round 13 years after it was founded.
Where is RXO located?
RXO is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
What does RXO do?
RXO is involved in offering multi-modal freight and logistics solutions to shippers and carriers. Services are provided across various sectors including truckload, less-than-truckload, last mile delivery, expedited freight, and freight forwarding. Technology-driven platforms like RXO Connect are utilized to enhance shipment efficiency through machine learning and AI. Operations are supported for supply chain optimization, managed transportation, and cross-border customs processes. A vast network of independent carriers and trucks across North America is maintained to ensure flexible capacity on demand.
What products or services does RXO offer?
RXO offers Truckload, Less-than-Truckload, Managed Transportation, Last Mile Delivery, and 2 more products and services.
How many acquisitions has RXO made?
RXO has made 2 acquisitions, including Access America Transport, and Integra Logistics Services.
Who are RXO's investors?
RXO has 3 investors. Key investors include United Parcel Service, RXO, and Hastings Equity Partners.