| Founded | 2016 |
|---|---|
| Closed | 2021 |
| Country | Germany |
| Sector | Logistics |
| Collapse type | Fire Sale |
InstaFreight
"InstaFreight raised 25 million euros to digitize European road freight brokerage — and sold to its strategic investor DB Schenker for roughly 13 million euros in 2021, after Transporeon and traditional brokers blocked the market digitization thesis."
Distressed acquisition below last-round valuation
Key Events Timeline
InstaFreight built a platform for instant freight quotes and booking for European road transport.
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