Vooma Scores Over $16 Million in Seed and Series A Funding Led by Index and Craft Ventures

SAN FRANCISCO--(BUSINESS WIRE)--Dec 2, 2024--

Vooma, a powerful and fast-growing AI platform designed for freight brokers and carriers of all sizes, today announced it secured $13 million in Series A funding led by Craft Ventures. The Series A adds to a previous $3.6 million seed round led by Index Ventures with participation from angel investors including founders and executives from major logistics and technology companies such as Motive, Project44, Ryder and Uber Freight. The investments in Vooma, driven by strong customer demand, underscore the company’s market potential and technology, and accelerate its trajectory for continuing growth.

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Vooma’s AI platform empowers logistics companies to more rapidly and efficiently scale their operations by reducing time spent on tedious and manual work and creating space to solve real logistical challenges, while also investing in relationships that are critical to success. The company has built Vooma Agents, the first-of-its-kind multi-channel AI platform for logistics. Agents built on Vooma’s platform can operate across email, text and voice channels, allowing for automation in workflows that were previously unaddressable by existing systems.

Since its launch in 2023, Vooma has attracted many of the logistics industry’s top brokers and carriers as customers, including Echo, MODE, Arrive Logistics and NFI. Vooma has grown revenue by 12.5x, increased transaction volume by over 32x and built hundreds of thousands of loads. The company is also partnering with leading communication, pricing and transportation management systems including Front, Greenscreens.ai, McLeod and Turvo.

Vooma’s new funding will be invested towards growing the team across engineering, go-to-market and customer success to support mounting demand for products powered by Vooma Agents:

“Relationships are critical for our company’s success,” said Jack Twyman, Chief Customer and Digital Officer at MoLo Solutions, a top-15 freight broker. “Vooma’s platform effectively integrates with our systems and allows our team and our customers to gain efficiency, without changing how we do business. We can offload rote tasks to stay focused on customer service and work that requires the human touch so we can keep building meaningful relationships to drive our business forward.”

Vooma was founded by two logistics and technology experts — Jesse Buckingham, former CEO of ASG LogisTech, and Mike Carter, former employee #2 and founding engineer at Kodiak Robotics — who have built a strong team of talent with deep industry experience. The company is dedicated to delivering powerful and reliable AI solutions designed to empower the entire logistics workforce.

“The United States moves approximately 11.5 billion tons of truckloads annually, and moving freight from point A to B requires hundreds of touchpoints between shippers, brokers and carriers,” noted Buckingham. “By introducing AI that fits naturally into existing systems, workflows and communication channels used across the industry, we are meaningfully reducing the tasks people dislike and freeing up their time and headspace for more meaningful and complex challenges.”

“We are at an inflection point where cross-channel digital agents powered by AI and LLMs will transform the way we work,” added Carter. “Vooma’s cross-channel agent is delivering against AI’s immense potential for the logistics industry.”

“Transportation is the backbone of the U.S. economy,” said Lainy Painter Singh, Partner at Craft Ventures. “The Vooma team has a deep understanding of the end market and appreciation for the complexity of its systems. We believe the company will not only delight customers with AI solutions that make their businesses more efficient, but help solve the industry’s most pressing challenges.”

Additional investors in Vooma’s Series A include Definition Capital, HOF Capital, Soma Capital, Operator Stack Fund and Index Ventures.

About Vooma

Vooma is the AI agent for logistics. Vooma takes care of tedious work for brokers and carriers so they can focus on winning freight, serving customers and building relationships that grow their businesses. Learn more at vooma.com and explore exciting opportunities to join our team here.

Vooma founders Jesse Buckingham (left) and Mike Carter (right). (Photo: Business Wire)

RALEIGH, N.C. (AP) — The father of NASCAR driver Denny Hamlin died and his mother was critically injured after a weekend fire heavily damaged the North Carolina home where they lived, officials said Monday.

Firefighters arrived Sunday night at a two-story home near Stanley that was mostly engulfed in fire, with flames showing through the attic, the Gaston County Office of Emergency Management and Fire Services said in a news release.

Dennis Hamlin, 75, and Mary Lou Hamlin, 69, were found outside the home, suffering from catastrophic injuries, officials said. Dennis Hamlin later died from his injuries at a hospital, officials said.

Mary Lou Hamlin was taken to Atrium Health Wake Forest Baptist Burn Center in Winston-Salem, where she was being treated Monday, officials said.

The fire caused the structure to collapse. The cause is under investigation.

Stanley is located about 20 miles (32 kilometers) northwest of Charlotte.

The home is owned by a company called Won One Real Estate that lists Denny Hamlin as its manager, according to local property tax records and a business document filing with the North Carolina Secretary of State’s Office.

Representatives for Hamlin had not responded to requests for comment as of Monday evening.

Hamlin is one of the marquee drivers in NASCAR's top circuit, having won 60 NASCAR Cup Series races, including the Daytona 500 three times.

The 45-year-old driver for Joe Gibbs Racing has yet to win a Cup points championship. He fell short of the title during this season's final race in Arizona last month.

Weeks earlier, Hamlin said his father — who nearly went broke with financial sacrifices to try to get his son into NASCAR — was battling a serious illness, and that he didn't have much time left to live.

“I know for a fact this is my last chance for my dad to see it. I don’t want him going and never getting to see the moment,” Hamlin told The Associated Press.

Hamlin also mentioned his dad in emotional testimony this month at the start of a federal antitrust trial against NASCAR brought in part by 23XI Racing, which is owned by Hamlin and Basketball Hall of Famer Michael Jordan. NASCAR, 23XI Racing and another race team reached a settlement during the trial before jurors ever deliberated.

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Sainz reported from Memphis, Tennessee.

FILE - Denny Hamlin looks on prior to a NASCAR Cup Series auto race at Charlotte Motor Speedway, Sunday, Oct. 5, 2025, in Concord, N.C. (AP Photo/Matt Kelley, File)