Ofload
company
About
Ofload provides an end-to-end freight management platform to connect carriers with large shippers.
- Sydney,New South Wales,Australia
- 51 - 100
- https://www.ofload.com.au
Details
- Last Funding Type
- Series A
- Last Funding Money Raised
- $20M
- Industries
- B2B,Freight Service,Logistics,Software,Supply Chain Management
- Founded date
- May 24, 2019
- Number Of Employee
- 51 - 100
- Operating Status
- Active
- Legal Name
- Digital Services Australia IV Pty Ltd
- Also Known As
- Loadsmile
Ofload is a digital road freight platform that fully tackles inefficiencies. Ofload connects road freight to thousands of reliable carriers and manage it through technology. This means less waste and more data.
Ofload manages end-to-end logistics fulfillment through technology, connects carriers with shippers helping shipments to be delivered quickly and affordably by taking up what would have been empty space in delivery vehicles, allowing businesses to have visibility of their shipments.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
8
$27.30M $60M
Ofload has raised a total of
$27.30M $60M
in funding over 2 rounds. Their latest funding was raised on
Nov 15, 2022 from a Series B round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Nov 15, 2022 | Series B | $40M | 5 |
Jungle Ventures
|
— | Detail |
| Nov 15, 2022 | Debt Financing | $20M | 1 |
Mars Growth Capital
|
— | Detail |
| Dec 7, 2021 | Series A | $20M | 5 |
King River Capital
|
— | Detail |
| Jan 13, 2021 | Convertable Note | $1.50M | 1 | — | — | Detail |
| Jan 13, 2021 | Convertable Note | $1.50M | 1 | — | — | Detail |
Investments
Number of Investments
Number of Lead Investments
4
0
Ofload has made 4 investments. Their most recent investment was on
Oct 1, 2019, when Atom Finance raised $10.60M.
Investors
Number of Lead Investors
Number of Investors
5
10
Ofload is funded by 10 investors.
Jungle Ventures
and Mars Growth Capital
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
Jungle Ventures
|
Yes | Series B |
|
Mars Growth Capital
|
Yes | Debt Financing |
Rocket Internet
|
Yes | Pre-seed |
Bay Grove
|
— | Series B |
Foundamental
|
— | Series B |
|
King River Capital
|
— | Series B |
Maersk Growth
|
— | Series B |
Flexport
|
— | Series A |
Global Founders Capital
|
— | Series A |
|
|
— | Seed |
Employee Profiles
Number of Employee Profiles
2
Ofload has 2 current employee profiles, including
Executive Jack Shi
Executive
Executive
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