GigSafe Secures $4.75M to Enhance Logistics Automation
Deal News | Apr 23, 2025 | Rally Ventures Management LLC
GigSafe, a platform designed to aid logistics companies in automating onboarding, compliance, and insurance, has successfully raised $4.75 million. This latest funding round, led by Informed Ventures and Brand Foundry Ventures, brings the total capital raised by the company to $17 million. Headquartered in Austin, Texas, GigSafe aims to bolster growth for firms using 1099 workers by providing them with efficient tools for scaling their operations and remaining compliant. This new investment will drive product development and integration with shippers and transport management systems while expanding insurance offerings tailored for 1099-based businesses using their automated compliance technology.
Sectors
- Logistics Technology
- Insurance Technology
Geography
- United States – The article mentions GigSafe's operations in Austin, Texas, and its funding activity within the United States.
Industry
- Logistics Technology – The article discusses GigSafe's platform that aids logistics companies by automating onboarding and compliance, indicating its role in the Logistics Technology sector.
- Insurance Technology – GigSafe is expanding its insurance solutions tailored for the 1099-based business model, placing it within the Insurance Technology sector.
Financials
- $4.75M – Amount raised by GigSafe in the recent funding round.
- $17M – Total capital raised by GigSafe to date.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| GigSafe | Target company | Company | A platform helping logistics companies automate onboarding, streamline compliance, and secure better insurance. |
| Informed Ventures | Lead investor | Company | Led the recent funding round for GigSafe. |
| Brand Foundry Ventures | Co-investor | Company | Participated in the funding round for GigSafe. |
| Rally Ventures Management LLC | PE Firm | Company | The private equity firm previously involved in the funding of GigSafe. |