Last deal

Amount

Venture - Series Unknown

Stage

14.01.2022

Date

3

all rounds

$124.26M

Total amount

date founded

Financing round

General

About Company
NEXT is a venture-backed FreightTech company that is reshaping the $800B trucking and shipping industry.

Industry

Sector :

Subsector :

Keywords :

Also Known As

NEXT

founded date

18.10.2015

Number of employees

Company Type

For Profit

Last funding type

Venture - Series Unknown

IPO status

Private

Description

NEXT is a California-based company that offers a digital freight matching platform, connecting shippers with available truck drivers and streamlining their operations. Their platform provides real-time updates to shippers, while also addressing the needs and preferences of drivers. With a focus on transparency and limitless capacity, NEXT aims to make freight painless by applying technology to industry-wide inefficiencies.
Contacts
Similar Companies
1000
Ezyhaul

Ezyhaul

Ezyhaul is a technology company that transforms the road freight industry.

Sector

Industrial Transportation

Subsector

Transportation Services

Keywords

Transportation, Logistics, Freight Services

Location

Singapore

total rounds

3

total raised

$21.84M

count Of Investments

1
Cargo Chief

Cargo Chief

Cargo Chief is a transportation technology company that connects shippers with a network of carriers.

Sector

Industrial Transportation

Subsector

Marine Transportation

Location

San Francisco, CA, USA

total rounds

5

total raised

$5.1M
TruckBook Technologies

TruckBook Technologies

TruckBook offers elastic capacity for full truckload freight and top-notch shipping to leading brands.

Sector

Industrial Transportation

Subsector

Trucking

Location

Rocklin, CA, USA

total rounds

2

total raised

$3.3M
Loadsmart

Loadsmart

Loadsmart is an on-demand freight marketplace that helps shippers move their freight fast and carriers keep their trucks full.

Sector

Industrial Transportation

Subsector

Delivery Services

Keywords

Freight Services, Transportation, Logistics

Location

Chicago, IL, USA

total rounds

9

total raised

$346.4M

Financials

Funding Rounds
6
3

Number of Funding Rounds

$124.26M

Money Raised

Their latest funding was raised on 14.01.2022. Their latest investor Gaingels. Their latest round Venture - Series Unknown

Date 
Funding Round 
Investors 
Money Raised 
Lead 
Brookfield Technology Partners

Brookfield Technology Partners

Brookfield Growth is the technology investment division of Brookfield Asset Management.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Keywords

Financial Services, Venture Capital, Asset Management

Location

Menlo Park, CA, USA

count Of Investments

20

count Of Exists

3
Sequoia Capital

Sequoia Capital

Sequoia is a venture capital firm that helps daring founders build legendary companies from idea to IPO and beyond.

Sector

General Industrials

Subsector

Diversified Industrials

Location

Menlo Park, CA, USA

count Of Investments

1967

count Of Exists

319
Co-Investors
Investors
11
2

Number of lead investors

11

Number of investors

Investor 
Lead 
Round 
Partners 
No
Venture - Series Unknown
No
Series A
Gaingels

Gaingels

Gainingels is a venture investment syndicate that supports LGBT+ community and allies investing in VC-backed companies.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Location

New York, NY, USA

total rounds

19

total raised

$5.14M

count Of Investments

716

count Of Exists

16
Mucker Capital

Mucker Capital

MuckerLab is a venture capital firm that invests in internet software, services, and media ventures.

Sector

General Industrials

Subsector

Diversified Industrials

Keywords

Venture Capital, Financial Services, Software

Location

Santa Monica, CA, USA

count Of Investments

227

count Of Exists

20
China Equity

China Equity

ChinaEquity is a leading private merchant bank in China, specializing in VC, PE, direct investments, and investment management.

Sector

Investment Banking and Brokerage Services

Subsector

Diversified Financial Services

Keywords

Financial Services, Finance

Location

Beijing, China

count Of Investments

79

count Of Exists

3

People

Founders
2
Lidia Yan
Lidia Yan

Lidia Yan

Lidia Yan is the CEO and Co-Founder of NEXT Trucking, an online trucking marketplace that utilizes intelligent matching capabilities to connect shippers and truckers in order to maximize productivity while remaining trucker-centric. Lidia’s family has been in the logistics business for 15 years and runs one of the largest TV distribution centers in Southern California. After witnessing first-hand, the inefficiencies of the trucking industry, she decided to establish NEXT Trucking to streamline the process. Prior to founding NEXT Trucking, Lidia was the Management Officer and Marketing Manager at Newegg, managing a $22 million marketing budget while keeping the cost of overall sales under 1 percent. Before Newegg she founded the leading flash sale site 9luxe in China which handled over 35 major international brands. Lidia has an M.A. in Communication Management from University of Southern California When she isn’t busy managing her company and mentoring her employees, Lidia enjoys relaxing at home with her husband, parents and her three-year old Border Collie, Toby.

current job

NEXT Trucking

organization founded

1

Lidia Yan

Elton Chung
Elton Chung

Elton Chung

- 12 years’ experience in trucking and logistics - Founder of iDC Logistics, the largest TV distribution center in West Coast - Founder of Megatrans Logistics, acquired - 5 years’ investment banking experience at Citi Group

current job

NEXT Trucking

organization founded

1

Elton Chung

Employee Profiles
50

Dan Malik

Head of pricing

Michelle Villacorta

Lead product designer

Christopher North

Learning and development specialist

Adam Sant

Senior manager product design

Keaton Herzer

Senior product designer

Tony Pasquarella

Regional vice president - sales

William Dessert

Capacity account manager

Alex Steiner

Senior data scientist

Activity

Recent News
1