NEWS
Loadsmart Raises $200 Million in Series D Financing, Reaching $1.3 Billion Valuation
February 01, 2022
New York – Paul Hastings LLP, a leading global finance firm, announced today that the firm advised Loadsmart, a leading freight technology company, in raising $200 million in Series D financing. The $200 million financing was led by SoftBank Latin America Fund, part of the SoftBank Group, with participation from Series C investor funds and accounts managed by BlackRock, CSX Corporation, and global active asset manager Janus Henderson Group.
Following the Series D financing, Loadsmart has a company valuation of $1.3 billion, more than three times its Series C valuation a year ago.
The Paul Hastings team was led by M&A and Emerging Growth Companies partner Samuel Waxman, and also included associates Adam Winer and Anna Hardcastle.
Dedicated to helping the world’s leading Wall Street and global investment banks, asset managers and corporations achieve their business and legal goals, Paul Hastings is a premier global finance law firm with elite teams in finance, mergers and acquisitions, private equity and litigation.
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Becca Hatton