đź“ť Oway raises $4M

Author

Liam Gill
August 26, 2025

News of the Day

Oway, a San Francisco-based logistics startup, has raised a $4 million seed round led by Y Combinator and General Catalyst to tackle one of freight’s most glaring inefficiencies: half-empty long-haul trucks crisscrossing America. Founded in 2023 by Phillip Nadjafov, Oway combines machine learning with federally mandated electronic logging devices (ELDs) to match unused trailer space with shippers, enabling customers to move pallets at up to 50% lower cost than traditional less-than-truckload shipping, without the delays and risks associated with it. By blending the speed of full truckload delivery with the flexibility of shared freight, Oway positions itself as an “Uber for cargo” that could cut consumer prices, reduce emissions, and reshape how goods move across the U.S. supply chain. Already working with undisclosed fleet operators and eyeing a trillion-dollar trucking market, the startup believes its decentralized model could become the default infrastructure for American commerce in the next decade.

Do you ever wish you could connect with one person who could drastically improve your business? Whether it's an advisor, investor, customer, spokesperson or key hire, now you can . I recently started a new job, supporting promising Canadian startups in securing their first $1-$15M in funding. The #1 way I have connected with founders is through Boardy . Boardy is an AI networking agent on WhatsApp that connects you to people in his network based on your goals. Thanks to Boardy I’ve met so many great founders that I never would have otherwise. Boardy has already helped founders close millions in deals through intros like this. If you want to be one person closer to your goals, message Boardy on WhatsApp .*

This is sponsored content

If you have tweets you want to submit to be featured here (from you or someone you like), reply to this email with a link!

Chart of the Day

Are you looking to grow your business? Here is how I can help:

📱Book a Strategy Call to get 1:1 feedback on your pitch, pitch deck and/or fundraising strategy. (If you need general startup advice, then reply to this email, and I’ll let you know if/how I can help.)

Onwards and Upwards,