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Parade
AddedFeb 15, 2024
UpdatedJun 18, 2026
Parade

Parade

Series B

Parade: A leading freight brokerage platform managing carrier relations, availability, and pricing.

HQ
San Francisco, CA, US
Founded
2015
Overview
Compare
Fundraising
Employees
Website

Founded with the mission to revolutionize the freight brokerage industry, Parade offers a leading capacity management platform designed to enhance carrier relationships, availability, and pricing. The platform seamlessly integrates with existing tools used by freight brokerages, enabling them to build dedicated digital capacity and book more loads efficiently. Parade's AI-driven solutions, such as CoDriver, help brokers cover twice as many loads per person by optimizing pricing, bidding, and shipper connectivity.

Parade has garnered attention from top freight brokerages for its ability to significantly boost margins and streamline operations. The platform's notable investors and affiliated industry experts have contributed to its rapid growth and adoption. Key achievements include successful integrations with major tech stacks and the implementation of advanced AI to supercharge team performance. Parade's impact on the freight brokerage market is marked by increased efficiency, improved carrier management, and enhanced profitability for its users.

Parade - Similar Companies

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Parade - Quick Facts

Who are Parade's competitors?

Companies similar to Parade include Dray Alliance, newtrul, Hwy Haul and PlatoonX.

When was Parade founded?

Parade was founded in 2015.

Where is Parade's headquarters located?

Parade's headquarters is located in San Francisco, CA, US.

When was Parade's last funding round?

Parade's most recent funding round was for $17M (USD) in September 2023.

How much has Parade raised to-date?

As of Sep 14, 2023, Parade has raised a total of $29.7M (USD).

How many employees does Parade have?

Parade has 78 employees as of Feb 4, 2024.

Parade - Classification

Ownership
  • Venture Capital
Technology
  • AI
  • Automation
Geographic Exposure
  • Global
Model
  • Platform
Revenue
  • Recurring
  • Software
Customer
  • Enterprise
Main Product
  • Freight Platform
Tags
  • Freight Tech
  • SaaS
NAICS
  • 540000Professional, Scientific, and Technical Services
  • 541500Computer Systems Design and Related Services
  • 541000Professional, Scientific, and Technical Services
  • 541510Computer Systems Design and Related Services
  • 541511Custom Computer Programming Services
SIC
  • 7300Business Services
  • 7370Computer Programming, Data Processing, And Other Computer Related
  • 7371Computer Programming Services
Show 5 more industry codes
NAICS
  • 513200Software Publishers
  • 510000Information
  • 513000Publishing Industries
  • 513210Software Publishers
SIC
  • 7372Prepackaged Software