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    Repowr Raises $4.2M in Seed Funding

    REPOWR

    REPOWR, a Birmingham-based digital-leasing platform and collaborative logistics marketplace, e.g., has raised $4.2M Seed funding.

    The round was led by Koch Disruptive Technologies (KDT), with participation from Perot Jain Alliance, Plug and Play Venture Group, and a number of strategic angel investors.

    The funds will be used by the company to expand its operations and business reach.

    REPOWR is led by Spencer Ware and Patrick Visintainer, the CEO and COO of transportation companies. REPOWR offers a digital-leasing platform and a logistics marketplace that allows them to change how they use over-the road equipment. The company’s technology equips logistics companies to share and manage assets across locations, teams, and networks.

    REPOWR works currently with large truckloads fleets in America. The Universal Trailer Network, one of REPOWR’s upcoming products will allow its users set rules and permissions for sharing smart-trailer capacity.

     

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