New Enterprise Associates and G Squared led a $40m Series F funding round in Transfix.

New Enterprise Associates, an American-based venture capital firm, and G Squared, a global venture capital fund manager, led a $40m Series F funding round in Transfix, a logistics partner, powered by an AI-driven freight brokerage, with participation from Canvas. "Since day one, we have been relentlessly committed to optimizing, improving, and future-proofing our core business: our tech-enabled brokerage and software solutions for shippers and carriers. By staying focused, we continue to build momentum despite one of the most challenging markets in freight history. I am incredibly proud to be a member of this transformative and inspiring team," Jonathan Salama, Co-Founder and CEO.