News / Flexport invests in tech start-up that can cut out truck brokerage fees

© Andrii Yalanskyi

Flexport has invested in a start-up which connects shippers to truckers directly, cutting out freight brokerage fees.

Zerobroker, founded in 2017, announced today it had raised $6.5m in a seed round from companies including Funders Club and Streamlined Ventures, as well as Flexport.

The start-up claims its platform will eliminate all brokerage fees, which it says total $300bn in the US, and will manage end-to-end logistics “from creating a shipment, finding, vetting and booking a truck, to managing the payment and paperwork ...