Last deal

$13.9M

Amount

Series A

Stage

27.06.2016

Date

2

all rounds

$13.9M

Total amount

date founded

Financing round

General

About Company
10-4 Systems offers real-time supply chain visibility for freight transportation companies.

Industry

Sector :

Subsector :

founded date

01.01.2012

Number of employees

Company Type

For Profit

Last funding type

Series A

IPO status

Private

Description

The company's software connects carriers, brokers, and shippers to move and track freight in real-time. It also provides a lightweight app for users to have shipment visibility and document capture on their smartphones. By improving visibility and communication of inbound and outbound shipments, 10-4 Systems aims to drive efficiencies across the global supply chain and transform the customer experience in the industry.
Contacts

Contact Email

Phone number

Social url

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M&A Details
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Transaction name

Acquired by

Trimble

announced date

13.09.2017

Financials

Funding Rounds
2
2

Number of Funding Rounds

$13.9M

Money Raised

Their latest funding was raised on 27.06.2016. Their latest investor Susquehanna Growth Equity. Their latest round Series A

Date 
Funding Round 
Investors 
Money Raised 
Lead 
27.06.2016
1
$13.9M
01.01.2014
1
Andrew Leto

Andrew Leto

Andrew Leto has 13+ years in the Transportation Industry starting at Logistics Freight Systems based in Phoenix, Arizona. His mission with CarrierRate.com is to provide a "one-stop shop" for supply chain management. Andrew Leto started GlobalTranz in 2003 out of his bedroom with only an unemployment check as his investment and until 2011, had not received any outside investment capital. He teaches other entrepreneurs how to start a company using the resources available and capitalizing on cash flow and profit. Prior to being in the transportation industry, Andrew Leto honorably served 5 years in the United States Navy.

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Leto Ventures
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Co-Investors
Investors
2
1

Number of lead investors

2

Number of investors

Investor 
Lead 
Round 
Partners 
No
Venture - Series Unknown
Yes
Series A
Susquehanna Growth Equity

Susquehanna Growth Equity

Susquehanna Growth Equity invests in growth stage technology companies in software, information services, and internet.

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Andrew Leto

Andrew Leto

Andrew Leto has 13+ years in the Transportation Industry starting at Logistics Freight Systems based in Phoenix, Arizona. His mission with CarrierRate.com is to provide a "one-stop shop" for supply chain management. Andrew Leto started GlobalTranz in 2003 out of his bedroom with only an unemployment check as his investment and until 2011, had not received any outside investment capital. He teaches other entrepreneurs how to start a company using the resources available and capitalizing on cash flow and profit. Prior to being in the transportation industry, Andrew Leto honorably served 5 years in the United States Navy.

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Leto Ventures
Leto Ventures

count Of Investments

5

count Of Exists

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People

Founders
2
Gordy Ferguson
Gordy Ferguson

Gordy Ferguson

Gordy Ferguson brings more than 19 years of experience in the transportation field. He started his career at CH Robinson and has also owned his own brokerage. He is currently responsible for working with National Carriers, Private Fleet Carriers, Top 3PL’s and Fortune 500 Shippers. He also works with each of these groups to maximize their benefits from the 10-4 technology. He is a co-founder of 10-4 Systems and has a passion for creating automation within the supply chain industry.

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Gordy Ferguson

Andrew Leto
Andrew Leto

Andrew Leto

Andrew Leto has 13+ years in the Transportation Industry starting at Logistics Freight Systems based in Phoenix, Arizona. His mission with CarrierRate.com is to provide a "one-stop shop" for supply chain management. Andrew Leto started GlobalTranz in 2003 out of his bedroom with only an unemployment check as his investment and until 2011, had not received any outside investment capital. He teaches other entrepreneurs how to start a company using the resources available and capitalizing on cash flow and profit. Prior to being in the transportation industry, Andrew Leto honorably served 5 years in the United States Navy.

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count Of Investments

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count Of Exists

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Andrew Leto

Employee Profiles
14

Sean Kelly

Regional sales manager

Nicholas Cheever

Nicholas Cheever

Director of Product Management

Jeff Albenberg

Director of software development

Andrew Leto

Andrew Leto

Founder

Loren Burnett

Loren Burnett

Chief Financial Officer & Chief Operating Officer

Activity

Recent News
0