Toggle, Inc., a Des Moines, Iowa-based freight logistics service provider, closed a $1.6m seed funding.
The backers were not disclosed.
The company intends to use the funds to launch its platform.
Led by Jeremy Spillman, founder, and CEO, Toggle provides a SaaS logistics and digital freight platform that streamlines access to freight options for shippers, also increasing profitability for carriers and drivers. Opening as a private beta in September for carriers, drivers, and shippers, the platform will provide data-rich transparency to companies shipping freight, intelligently anticipating and adjusting route plans to tighten arrival window accuracy. Increased efficiency also aims to reduce fuel costs, waste, and carbon emissions. Toggle’s technology also provides real-time quotes, eliminating needless negotiation for both parties.
FinSMEs
06/08/202