Valuation
$376M
2023 Revenue
$354M(Est.)
Funding
$168.5M
Team · 2024
349
Founded
2013
Transfix Revenue, Valuation & Funding (2023)
Transfix generated an estimated $354M in annual revenue in 2023. Source: GetLatka estimate
Transfix provides trucking brokerage services in the United States. It develops an application that enables shippers to access Transfix's contracted carriers for freight transportation. Transfix offers real-time shipment tracking and alerts; information on carrier performance; and support services. It serves retail, food, beverage, and manufacturing industries. Andrew McElroy and Jonathan Salama founded it in August 2013, with its headquarters in New York City.
Last updated
Transfix Revenue
In 2023, Transfix's revenue reached $354M. The company previously reported $296M in 2021. Since its launch in 2013, Transfix has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2023 | Transfix Hit $354m revenue in November 2023 | Estimated |
| 2021 | Transfix revenue for 2021: $296m | transfix.io |
| 2020 | Transfix Hit $63m revenue in August 2020 | Not recorded |
| 2013 | Launched with $0 revenue |
Transfix Valuation, Funding Rounds
Transfix reached a $376M valuation in 2023, set during its Series F round.
Transfix has raised $168.5M in total funding across 6 rounds, most recently a $40M Series F round in 2023.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2023 | Series F | $40M | $376M | 11% | Not recorded |
| 2020 | Series E | - | $940M | - | Not recorded |
| 2018 | Series D | $50M | $800M | 6% | Not recorded |
| 2017 | Series C | $42M | $227M | 19% | Not recorded |
| 2016 | Series B | $22M | - | - | Not recorded |
| 2015 | Series A | $12M | - | - | Not recorded |
| 2014 | Seed | $2.5M | - | - | Not recorded |
Founder / CEO
Transfix Employees & Team Size
Transfix employs approximately 349 people as of 2026, down from 362 in 2023, including 38 sales reps that carry a quota.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 349 employees (March 2024) | Not recorded |
| 2023 | Reached 362 employees (November 2023) | Not recorded |
| 2022 | Reached 406 employees (January 2022) | Not recorded |
| 2021 | Reached 300 employees (March 2021) | Not recorded |
| 2021 | Reached 233 employees (January 2021) | Not recorded |
| 2020 | Reached 223 employees (December 2020) | Not recorded |
| 2020 | Reached 216 employees (August 2020) | Not recorded |
| 2018 | Reached 177 employees (December 2018) | Not recorded |
Frequently Asked Questions about Transfix
What is Transfix's revenue?
As of 2023, Transfix generated an estimated $354M in annual revenue.
What is Transfix's valuation?
As of 2023, Transfix was valued at $376M.
Who founded Transfix?
Transfix was founded by Jonathan Salama.
When was Transfix founded?
Transfix was founded in 2013.
Who is the CEO of Transfix?
The CEO of Transfix is Jonathan Salama.
How much funding does Transfix have?
Transfix raised $168.5M across 6 rounds.
How many employees does Transfix have?
As of 2024, Transfix had 349 employees.
Where is Transfix headquartered?
Transfix is headquartered in New York, New York, United States.
Compare Transfix to the industry
Transfix operates across multiple industries. Browse revenue, funding, and growth data for Transfix in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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