Emerge, a Scottsdale technology company that facilitates freight procurement and shipping, said Thursday it has raised $130 million in series B funding. The funding is a big milestone for the 4-year-old company, and Andrew Leto, founder and co-CEO of Emerge, said now has the opportunity to build a technology that will be foundational in the freight industry.
Emerge ranks #530 on the 5000 Fastest-Growing Private Companies list by business media outlet, Inc. Magazine. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment — its independent small businesses. Companies included on the list are ranked according to percentage revenue growth from 2017 to 2020.