Arrive Logistics
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Arrive Logistics - overview
Established
2014
Location
Austin, TX, US
Primary Industry
Logistics & Distribution
About
Based in the US, DM Trans, LLC operates as a freight brokerage company under the brand Arrive Logistics, facilitating efficient logistics solutions across North America. DM Trans, LLC was founded in 2014 in Austin, US, specializing in freight brokerage services. The company has successfully closed 3 deals, with its most recent funding round occurring on April 28, 2021, when it raised USD 300 mn led by ATL Partners. The company's CEO is Matt Pyatt, who remains in his role.
The firm has not undergone significant pivots or changes in its strategy since its inception. Arrive Logistics specializes in providing advanced freight brokerage services focused on facilitating the movement of goods across North America. Their core offerings revolve around the ARRIVE now™ technology platform, which integrates various digital tools designed to optimize logistics operations for shippers and carriers. The platform enhances productivity and visibility while minimizing wasted miles and emissions by leveraging data analytics and real-time market intelligence.
Key end-users of these services include manufacturers, retailers, and other businesses that require reliable freight solutions to manage their supply chains efficiently. Arrive Logistics caters to a diverse customer base across the United States and Canada, addressing the needs of both shippers seeking to transport goods and carriers looking for valuable freight opportunities. Arrive Logistics generates revenue through a transactional structure based primarily on freight brokerage services. The company facilitates business-to-business (B2B) transactions by connecting shippers with carriers, often charging a fee for each load facilitated.
The pricing model typically involves a commission structure where Arrive receives a percentage of the freight charges paid by the shipper to the carrier. This model provides flexibility in pricing depending on factors such as distance, load type, and service level. Arrive Logistics' flagship offerings, such as those provided through the ARRIVE now™ platform, play a central role in their revenue generation strategy, as they enhance the efficiency and effectiveness of logistics transactions for their clients. In February 2021, DM Trans, LLC raised USD 300 mn in venture funding led by ATL Partners, aiming to invest in its proprietary technology, create new service offerings, and expand its team.
The recent funding will support the development of upcoming products designed to enhance logistics solutions. The company is focused on expanding its operations across North America, with strategic targets for geographic growth set for the next few years. The addition of new board members, including Andrew Clarke as chairman, is intended to facilitate this growth strategy.
Current Investors
Lead Edge Capital, Baupost Group, British Columbia Investment Management Corporation
Primary Industry
Logistics & Distribution
Sub Industries
Freight Transportation Services, Logistics Software
Website
www.arrivelogistics.com
Company Stage
Series B
Total Amount Raised
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