31 hot logistics startups that are set to soar in 2020, according to VCs
- Logistics is changing quickly.
- And, along with big players, a host of startups is overtaking the $1.6 trillion industry.
- We asked leading venture capitalists who specialize in logistics which startups are likely to explode in 2020. Here's who they shared.
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The $1.6 trillion logistics industry is undergoing a massive transformation, and big names like Uber, Amazon, Walmart, C.H. Robinson, and more are at the forefront of that change.
But so are a host of big and small startups.
Business Insider asked six of the industry's buzziest venture capitalists which startups they believe are going to capitalize big time in 2020. One preferred to remain anonymous, but five others were OK with attaching their names to their recommendations:
- Mike Zayonc, founder of Plug and Play Supply Chain in Sunnyvale, California
- Julian Counihan, general partner at Schematic Ventures in San Francisco
- Rick Zullo, general partner at Equal Ventures in New York City
- Santosh Sankar, partner at Dynamo Ventures in Chattanooga, Tennessee
- Ankit Agarwal, managing director at Greenhawk Capital in New York City
We asked them to highlight the coolest startups in their profile, as well as ones they didn't invest in but are forecasting big things for. The investors were also asked to highlight companies just getting their first seed funding or Series A bucks, as well as bigger names.
Here's which names they picked, plus additional information on each company from Pitchbook: