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by aaronroseman
Loadsmart recognized in @CBInsights #AI100 for innovative approach to #logistics + addressing longstanding challenges to reshape movement of goods
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The CB Insights research team selected the AI 100 from nearly 5,000 companies based on factors including patent activity, investor quality, and proprietary Mosaic scores. The Mosaic Score, based on CB Insights’ algorithm, measures the overall health and growth potential of private companies to help predict a company’s momentum. This year’s list includes:
- 100 emerging private companies with a cumulative of $7.4B in funding across 300+ deals from 600+ unique investors.
- 10 unicorns (companies valued over $1B)
- Healthcare, retail & warehouse, and finance & insurance companies across 13 countries
Loadsmart is the only digital freight marketplace to be recognized in its category, underscoring the company’s innovative approach to addressing supply chain challenges through a mix of advanced technology and deep-seated industry experience.
“At Loadsmart, we pride ourselves on cultivating meaningful relationships with those at the helm of the supply chain—shippers and carriers—and crafting visionary AI-based solutions to ensure they succeed and thrive,” said Ricardo Salgado, CEO and co-founder of Loadsmart. “We’re honored to be recognized as a leading tech innovator in the commercial transportation sector, and enthusiastically look forward to continued collaboration and growth.”
Here’s to looking forward to 2020 and beyond!