Skip to content
Search AI Powered
Human content, AI powered search.

Latest Stories

Alvys raises $20.5 million for freight tech platform

Cloud-based transportation software supports optimized workflows and hundreds of integrations, California firm says.

alvys Mockup-Hero-Image-webp.jpg
DC Velocity Staff
By DC Velocity StaffJul 16, 2024
DC Velocity Staff
See Full Bio

Freight transportation software vendor Alvys has raised $20.5 million in venture capital funding, saying it will use the money to accelerate its development efforts and to recruit top talent to solve complex issues within the industry.

Solana Beach, California-based Alvys says its “logistics operating platform” addresses inefficiencies in current systems, making life better for everyone in the supply chain ecosystem. The logistics operating platform offers a modern, cloud-based solution that allows for optimized workflows and hundreds of integrations, eliminating personal data silos and providing a comprehensive suite of integrated modules for seamless logistics management, the firm says.

The “series A” funding round was led by Titanium Ventures (formerly Telstra Ventures), with new investor Picus Capital and existing investors RTP and Bonfire. It follows a $6.3 million seed round in 2023.

"Our customers are seeing an average load increase of 22% after just four months using our innovative platform," Leo Gorodinski, CTO of Alvys, said in a release. "Our goal is to revolutionize carrier and broker connections with seamless, one-click workflows and integrated technologies. Traditional ERP and TMS systems are often burdensome and built on outdated technology. We're disrupting the industry by building a world-class, multi-tenant platform to replace outdated software and drive growth across the supply chain."

 

 

 

ArticleTechnologyEditorial
alvys
ArticleTechnologyEditorial
alvys

The Latest

courthouse in germany
Air Cargo

Deutsche Bahn claims victory in “air freight cartel” settlement

boxes on a conveyor
Warehousing 3PL

Amazon adds Adidas as its latest e-commerce 3PL customer

truck with combined battery and generator power
Green Logistics

DHL tests electric truck with on-board generator

aerial photo of warehouses
Warehousing

Prologis names company president Letter to become new CEO

More Stories

AI sensors on manufacturing machine

AI firm Augury banks $75 million in fresh VC

The New York-based industrial artificial intelligence (AI) provider Augury has raised $75 million for its process optimization tools for manufacturers, in a deal that values the company at more than $1 billion, the firm said today.

According to Augury, its goal is deliver a new generation of AI solutions that provide the accuracy and reliability manufacturers need to make AI a trusted partner in every phase of the manufacturing process.

Keep ReadingShow less

Featured

Companies double down on resilience as trade complexities rise
Featured

Companies double down on resilience as trade complexities rise

drawing of woman using supply chain software on tablet
Supply Chain IT

Körber Supply Chain Software to rebrand as “Infios”

woman making purchase with smartphone
Regulation/Government

C.H. Robinson says shippers are stressed about tariffs and trade changes

collage of container and port photos
Reverse Logistics

DHL Supply Chain expands offerings in returns, multi-shoring

apptronik humanoid robot moving boxes
Robotic Picking and Loading

Humanoid robot maker Apptronik gets $350 million funding boost

Raising the bar on inventory visibility
Supply Chain IT

Raising the bar on inventory visibility

AMR robots in a warehouse

Indian AMR firm Anscer expands to U.S. with new VC funding

The Indian warehouse robotics provider Anscer has landed new funding and is expanding into the U.S. with a new regional headquarters in Austin, Texas.

Bangalore-based Anscer had recently announced new financial backing from early-stage focused venture capital firm InfoEdge Ventures.

Keep ReadingShow less
Report: 65% of consumers made holiday returns this year

Report: 65% of consumers made holiday returns this year

Supply chains continue to deal with a growing volume of returns following the holiday peak season, and 2024 was no exception. Recent survey data from product information management technology company Akeneo showed that 65% of shoppers made holiday returns this year, with most reporting that their experience played a large role in their reason for doing so.

The survey—which included information from more than 1,000 U.S. consumers gathered in January—provides insight into the main reasons consumers return products, generational differences in return and online shopping behaviors, and the steadily growing influence that sustainability has on consumers.

Keep ReadingShow less

Automation delivers results for high-end designer

When you get the chance to automate your distribution center, take it.

That's exactly what leaders at interior design house Thibaut Design did when they relocated operations from two New Jersey distribution centers (DCs) into a single facility in Charlotte, North Carolina, in 2019. Moving to an "empty shell of a building," as Thibaut's Michael Fechter describes it, was the perfect time to switch from a manual picking system to an automated one—in this case, one that would be driven by voice-directed technology.

Keep ReadingShow less

In search of the right WMS

IT projects can be daunting, especially when the project involves upgrading a warehouse management system (WMS) to support an expansive network of warehousing and logistics facilities. Global third-party logistics service provider (3PL) CJ Logistics experienced this first-hand recently, embarking on a WMS selection process that would both upgrade performance and enhance security for its U.S. business network.

The company was operating on three different platforms across more than 35 warehouse facilities and wanted to pare that down to help standardize operations, optimize costs, and make it easier to scale the business, according to CIO Sean Moore.

Keep ReadingShow less
Copyright ©2025.