Brazilian logistics startup PX raised $47M in a round led by Bicycle Capital. With this round, PX has raised over $58M in the last 12 months.
PX is a logistics platform that connects businesses with freight companies, professional drivers (Motorista PX), and cargo assistants (Ajudante PX), for on-demand hiring. PX runs Academia PX, a training hub that offers customized courses and certifications, and Radar PX, a data intelligence tool that gives clients operational insights and performance analytics.
PX will use the funds to enhance its platform, lower user fees, and begin its international expansion to the US in 2026.
Founded in 2019, PX has over 300K registered drivers.
