GenLogs Secures $60M for Freight Intelligence
Freight intelligence provider GenLogs has announced $60 million in Series B funding. The company will use the investment to expand its platform, which leverages geospatial data and AI to monitor and optimize logistics operations. The technology aims to enhance supply chain security and combat fraud.
- This Series B round was led by Battery Ventures, with their general partner, Marcus Ryu, set to join the GenLogs board of directors. - The new funding brings GenLogs' total capital raised to more than $81 million since its founding in 2023. - The company was founded by former U.S. Intelligence Community officials, including CEO Ryan Joyce, a former CIA officer, who apply counter-terrorism principles to combat freight industry fraud. - Notable customers include Fortune 500 companies like logistics provider J.B. Hunt, Werner Enterprises, insurer AIPSO, and the Jacksonville Port Authority. - In addition to commercial clients, the platform is utilized by federal and state law enforcement to investigate cases involving narcotics smuggling, human trafficking, and cargo theft. - Before this round, GenLogs raised a $14.6 million Series A in February 2025, which was led by Venrock and HOF Capital. - The company's technology has a "privacy-by-design" architecture that filters out data from private vehicles and blurs driver windows in images to focus solely on commercial assets.
