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Denim raises $126m in Series B funding

New York based freight and logistics platform raised $126m in Series B funding led by Pelion Venture Partners.

“We witnessed a significant gap in the freight broker market, where legacy systems — i.e. paper checks, physical filing — were still in place, and developed an intuitive payments technology to help streamline broker operations and attract the best carrier relationships through the platform,” said Krishnamoorthy.

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industrial & logistics