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Cambridge Capital Leads US$22.5m Series B in Logistics Marketplace Liftit

8 July 2020

Florida-based Cambridge Capital led a US$22.5m Series B in Liftit, a B2B Colombian logistics marketplace for independent truck drivers, with participation from H20 Capital, AC Ventures, 10x Capital, Banyan Tree Ventures, and alpha4 Ventures, among others, and follow-on from monashees, Jaguar Ventures, NXTP, and IFC.  

(TechCrunch) The Colombian trucking and logistics services startup Liftit has raised $22.5 million in a new round of funding to capitalize on its newfound traction in markets across Latin America as responses to the COVID-19 epidemic bring changes to the industry across the region.

“We’re focusing on the five countries that we’re already in,” says Liftit  chief executive Brian York.

Read more at TechCrunch.