PortPro Raises $12 Million in Series A Funding   

by Kay Aloha Villamor in January 27th, 2023

PortPro, a Kearny, NJ-based transportation management software provider with deep expertise in the drayage community, announced that it raised $12 million in Series A funding led by Avenue Growth Partners.

This investment enables the expansion of the drayOS platform and creates future readiness within the supply chain. With the funding, PortPro will invest heavily in its products.

“We’re committed to the drayage community—it’s who we are,” said Michael Mecca, CEO of PortPro. “Our goal is to enable carriers to lean into a digital future by providing cutting-edge software that helps them streamline their operations, grow their business, and keep their customers happy," he said.

PortPro built drayOS to give carriers and drivers access to software that addresses these issues directly from their web portal or their smartphone. 

Its offerings include a TMS for drayage and intermodal carriers, connectivity and visibility solutions for brokers, carriers, and expediters, as well as strong integrations with other providers serving the supply chain. 

Company: PortPro

Raised: $12.0M

Round: Series A

Funding Month: January 2023

Lead Investors: Avenue Growth Partners

Additional Investors:

Company Website: https://www.portpro.io/

Software Category: Transportation Management Software

About the Company: PortPro is a next-generation web-based transportation management system (TMS) built for drayage carriers with a customer support team that goes the extra mile. PortPro allows drayage carriers to fully optimize their operations by streamlining their internal workflow and communication through technology. PortPro unifies its customers’ back-end operations from anywhere with its suite of connected apps (drayOS). One integrated platform allows drayage carriers to connect, operate, evaluate and scale their business.

Source: https://www.businesswire.com/news/home/20230126005312/en/PortPro-Raises-12-Million-in-New-Funding-to-Expand-Technology-Solutions-for-Drayage-Carriers

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