San Francisco-based Uber Freight, a subsidiary of the ubiquitous, ride-sharing service Uber, whose proprietary app matches trucking companies with loads to haul, and New York-based investment firm and a leading investor in the logistics sector Greenbriar Equity Group L.P. said earlier today that a Greenbriar-led investment group will invest $500 million in a Series A preferred stock financing for Uber Freight, which will value it at $3.3 billion on a post-money basis.
Source: logistics Mgmt