SoftBank-backed Flock Freight is the freight industry’s newest unicorn
https://techcrunch.com/2021/10/20/softbank-backed-flock-freight-is-the-freight-industrys-newest-unicorn/
The global shipping and freight industry has never been more in the spotlight, as the pandemic and other disruptions have led to enormous supply chain bottlenecks. While trucking logistics company Flock Freight can’t solve the global supply chain crisis, it could help get goods to their destinations faster and with less waste.
Less than a year after it closed its Series C, the company has raised a $215 million Series D round led by SoftBank Vision Fund 2, making it the industry’s most recent unicorn at a valuation of more than $1 billion.