Artificial intelligence logistics software startup Pallet raised $27 million in a Series B funding round led by General Catalyst, according to a Tuesday (May 27) press release.
Logistics is an $11 trillion global industry, but it runs on legacy software and manual processes, General Catalyst said in a company blog post Tuesday. The industry is responsible for moving more than 20 billion tons of freight annually in the United States alone.
“[As] global supply chain pressures…
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