Reported 17 days ago
Alvys, a logistics software company, has raised $40 million in a Series B funding round led by RTP Global to enhance its services in the freight and insurance brokerage sectors. The funding will support the development of an integrated transportation management system that automates and unifies various operations, reducing manual processes and improving decision-making. Customers are already reporting significant efficiencies, including reduced workload and faster invoicing, as Alvys aims to leverage AI and automation to streamline operations for carriers and brokers.
Source: YAHOO