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RTR: Loadsmart valuation hits over $1 bln after SoftBank-led funding round

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Photo 47723551 / Monkey Money © Mike_kiev | Dreamstime.com
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REUTERS reports:

Freight tech firm Loadsmart Inc said on Tuesday it was valued at $1.3 billion in its latest funding round, led by SoftBank Latin America Fund and funds managed by BlackRock Inc (BLK.N).

The company raised $200 million in the Series D funding round from investors including Janus Henderson Group and rail operator CSX Corp (CSX.O).

Chicago-based Loadsmart, which helps ...

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