News & Insights
Blumberg Capital portfolio news, startup growth resources and industry insights
Home > News & Insights >
Goldman-Backed Exchange Raises Cash to Expand Shipping Contracts
Aug 25, 2021
The New York Shipping Exchange, founded in 2015 by a former industry executive to make the container shipping market more efficient, is raising another $15 million to expand contracts that can help protect companies’ supply chains from price hikes and other uncertainties.
The latest funding round comes from existing investors led by New Road Capital. NYSHEX had previously raised $30 million from backers including Goldman Sachs Group Inc.
Related Articles
