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Emerge

Founded 2017 · 214 employees on LinkedIn · 8 known investors

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Emerge operates a technology platform for freight and logistics procurement that serves shippers and carriers to improve supply chain efficiencies and reduce costs.

AI & Machine LearningB2B MarketplacesLogistics & Supply ChainSaaS

Founders & leadership

Emerge was founded in 2017 by Andrew Leto and Michael Leto.

ALAndrew Leto
Andrew LetoFounderHe founded GlobalTranz in 2003 and 10-4 Systems in 2012, and more recently started Felix AI. Through Arcturus Venture, he invests in and serves on the boards of logistics and technology companies including Roadrunner Freight, MyCarrier, EDRAY and Palmetto.
MLMichael Leto
Michael LetoCo-Founder & PresidentMichael Leto has spent over 20 years in transportation and logistics, including founding and developing a major third-party logistics provider. He is co-founder and president of Emergemarket, a freight and logistics procurement platform for shippers and carriers.
BBBrad Blomstrom
Brad BlomstromCFOCFO at Emergemarket
BSBen Sanders
Ben SandersCTOBen Sanders is CTO at Emergemarket, a freight and logistics platform serving shippers and carriers to optimize supply chain operations and reduce costs.
JHJack Holmes
Jack HolmesExecutive ChairmanJack Holmes spent his early career at UPS, progressing from package handler to management roles in operations, engineering, and human resources before leading the integration of the company's 2005 acquisition of Overnite Transportation. He served as President and CEO of UPS Freight from 2006 to 2016, overseeing one of the largest less-than-truckload carriers in the United States, and later advised the U.S. Department of Transportation's National Freight Advisory Committee. Holmes has served as Executive Chairman of Emerge since 2019.
MMMark McEntire
Mark McEntireCEOHe previously led Princeton TMX as chief executive officer and first joined Emerge in 2022 as senior vice president of customer success. His earlier career spans nearly two decades at Transplace in transportation management and brokerage leadership roles, along with positions at Penske Logistics and JB Hunt Transport.

Investors · 8

Interplay Ventures Early Stage Management Llclisted by Interplay Ventures Early Stage Management LlcNew York · $1M

How we know: Interplay Ventures Early Stage Management Llc's portfolio page · the VCSheet dataset · Not right? Tell us

NewRoad Capital Partners, LLClisted by NewRoad Capital Partners, LLCBentonville · $5M – $25M

How we know: NewRoad Capital Partners, LLC's portfolio page · Not right? Tell us

9Yards CapitalreportedNew York · $100K – $10M

How we know: freightwaves.com · the VCSheet dataset · Not right? Tell us

Prologis VenturesreportedSan Francisco · $100K – $5M

How we know: the VCSheet dataset · Not right? Tell us

Tiger Global ManagementreportedNew York · $1M – $100M

How we know: freightwaves.com · Not right? Tell us

Also in the syndicate · 2

New Road Capital PartnersThe Spruce House Partnershiplead

Funding

SEC filings, press & company announcements

Source: company announcements and press reports — follow each round's link for the claim.

Founder mafia

2 people who came through Emerge went on to found or lead other companies.

Andrew LetoFounderFounded GlobalTranzMichael LetoCo-Founder & PresidentFounded Vantage Freight

Related companies · 7

Freight WavesFreightWaves is a news and editorial publication covering logistics, supply chains, and freight transportation sectors.
TruckstopTruckstop operates a freight load board and related technology solutions that connect carriers, brokers, and shippers to move freight. Founded in 1995 with the first online load board, the company serves the trucking and logistics industry in the US.
CarrierSourceCarrierSource is a carrier prospecting and vetting platform that combines verified customer reviews with FMCSA safety and insurance data, letting shippers and brokers search, qualify, and organize carriers before booking. It also offers carriers claimable profile pages and review-based marketing tools to attract relevant loads.
Buske LogisticsBuske provides contract logistics and transportation management solutions for enterprise and growing companies across North America, offering yard management, regional shuttles, and distribution services.
Trucker PathTrucker Path provides a navigation and business-services app for truck drivers and fleets in the United States, integrating navigation, compliance, dispatch, and payments. It partners with technology, telematics, and business-service providers to offer a connected ecosystem for the trucking industry.
Flock FreightFlock provides shared truckload technology that optimizes freight transportation, reducing costs for shippers, increasing earnings for carriers, and lowering supply chain emissions.
Load smartLoadsmart provides freight and logistics technology, including digital freight brokerage, managed transportation and consultancy, procurement and execution software, dock scheduling (Opendock), computer-vision yard visibility tools, and a carrier TMS. It serves shippers, carriers, and warehouses in the logistics and supply chain industry.

Companies working in the same space as Emerge.

In the news

Emerge raises $130M Series B to scale digital freight marketplacefreightwaves.com · Oct 2021

Frequently asked questions

What does Emerge do?
Emerge operates a technology platform for freight and logistics procurement that serves shippers and carriers to improve supply chain efficiencies and reduce costs.
Who founded Emerge?
Emerge was founded by Andrew Leto, Michael Leto in 2017.
Who are Emerge's investors?
Emerge's investors include Greycroft, Interplay Ventures Early Stage Management Llc, NewRoad Capital Partners, LLC, 9Yards Capital, Prologis Ventures, Tiger Global Management.