| Founded | 2013 |
|---|---|
| Closed | 2023 |
| Country | USA |
| Sector | Logistics |
| Collapse type | Fire Sale |
| Founder | Drew McElroy |
Transfix
"Digital freight margins went to zero — and so did Transfix."
Distressed acquisition below last-round valuation
Key Events Timeline
Transfix, a New York digital freight brokerage that raised $111M including a $50M Series D in 2019 led by New Enterprise Associates, was sold in distressed circumstances to Vector in late 2023.
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