U.S.-based web-based truckload management system provider Emerge has received $20 million in a seed funding round.
U.S.-based private equity firm Greycroft led the round with participation from other existing investors.
On November 13, 2018, Greycroft also participated in U.S.-based artificial intelligence company Pryon’s $4.5 million seed funding round.
In June 2015, Emerge’s shipping software venture Globaltranz was sold to U.S.-based private equity firm the Jordan Company for over $400 million.