M
MVMNT
Leveling the playing field for the freight industry
About MVMNT
MVMNT is a Chicago-based freight tech startup founded in 2020, specializing in freight brokerage software designed by brokers for brokers. The company aims to empower small and medium-sized freight brokerages with enterprise-level technology and embedded financial services, helping them compete with larger players in the market. MVMNT operates in the transportation and logistics sector, focusing on enhancing the efficiency, agility, and profitability of freight brokers.
The core offering of MVMNT is its Transportation Management System (TMS) software, which is tailored specifically for freight brokers. This software integrates various tools necessary for balancing price, service, and gross profit considerations. By streamlining day-to-day operations, improving cash conversion, and facilitating the movement of more freight, MVMNT's platform allows brokerages to act quickly and effectively with the right information.
MVMNT's business model revolves around providing software as a service (SaaS). The company generates revenue through subscription fees for its TMS software, which includes features designed to maximize profits and reduce operational inefficiencies for freight brokers. Additionally, MVMNT offers embedded financial services that further support the financial health and growth of its clients.
The target clients for MVMNT are small to medium-sized freight brokerages that require advanced technological solutions to compete with larger firms. By offering a comprehensive platform that addresses the unique needs of these brokerages, MVMNT helps them enhance their competitive edge and achieve greater success in the freight brokerage industry.
In summary, MVMNT is dedicated to leveling the playing field for smaller freight brokerages by providing them with powerful, easy-to-use software and financial services that drive efficiency and profitability.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2020
- Headquarters
- Chicago, United States
- Employees
- 31
- Open positions
- None listed
- Dealroom signal
- 80.8/100
- Industry
- Transportation
- Sub-industry
- Search, Buy & Rent
- Sector
- Transportation, Woman Founder
- Business model
- Marketplace & ecommerce
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES A✓Equity / VC | Oct 2022 | $20M | $80M | Andreessen Horowitz · Equal Ventures · M25 · Abstract Ventures | ↗ |
| LATE VCEquity / VC | May 2022 | $20M | $81M | Andreessen Horowitz | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for MVMNT is 49K monthly website visits, up 8.9% over the last three months. MVMNT's team grew 29.2% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
Equal Ventures
Series A2 investors entered at this stage
Series B and later1 investor entered at this stage
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about MVMNT on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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