NEXT Trucking

El Segundo, CA, United States Transportation & Logistics Acquired

NEXT Trucking is a FreightTech pioneer and digital freight marketplace that connects shippers with freight capacity across drayage, transload, and over-the-road (OTR) services. The company operates proprietary Advanced Trucking & Logistics Automation System (ATLAS) that powers real-time tracking, route optimization, appointment automation, and dispatch algorithms. Founded in 2015, NEXT expanded from full truckload to port drayage in 2019 and services 10 U.S. ports and 8 major rail hubs.

Acquired

NEXT Trucking has been acquired

Acquired by CDL 1000 February 12, 2024

This company is no longer available on our private secondary market.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2015

Employees

200–250

Total Funding

$123M

3 rounds

Funding

Total raised $123M across 3 rounds

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Last updated 06-25-2026

Latest Round

Type

Series C

Date

January 23, 2019

Amount

$97M

Valuation

Lead Investors

Brookfield Ventures
DateRoundAmount RaisedValuationLead Investors
January 23, 2019 Series C $97M Brookfield Ventures
January 31, 2018 Series B $21M Sequoia Capital
March 1, 2017 Series A $5M Shea Ventures

Leadership

  • Lidia Yan

    Co-Founder and CEO

    LinkedIn
  • Elton Chung

    Co-Founder

  • Abhishek Kapur

    CEO

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • Flexport

    End-to-end supply chain logistics platform offering ocean and air freight, trucking, and fulfillment services with real-time shipment tracking and customs brokerage.

  • Sennder

    Digital freight service focused on full truckload (FTL) segment providing logistics software for shipper-carrier matching.

  • CDL 1000

    Digital freight marketplace and broker focused on drayage and logistics at major U.S. ports.

  • Beacon

    Digital platform providing tools for operational decision-making and streamlined global trade operations.

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Data collected with AI, which can make mistakes. Please double-check this information.