Drew McElroy is the cofounder of Transfix which provides trucking brokerage services in the United States. The company has raised close to $130 million from top tier investors which include NEA, Lerer Hippeau, Founder Collective, Expansion Venture Capital, Corigin Ventures, Bowery Capital, Canvas Ventures, G Squared, Deep Fork Capital, Charge Ventures, and Thayer Street Partners to name a few.
Drew McElroy is the Co-Founder and CEO of Transfix.
Founded in 2013, Transfix is the ‘leading freight marketplace connecting shippers to a national network of reliable carriers.’ A disruptor of the $700 billion trucking industry, Transfix counts numerous Fortune 500 companies in beverage, CPG and retail as clients, and was named one of Forbes’ “Next Billion-Dollar Companies” in 2018.
Transfix today has a revenue run rate of more than $100 million and has raised over $78.5 million in funding from investors including NEA, Canvas Ventures and Lerer Hippeau.
Prior to founding Transfix in 2013, Drew was the President of Priority Distribution Inc. (PDI), a mid-market transportation management and third-party logistics provider (3PL). He officially joined the company as Vice President of Business Development in May 2004 but had been working with his parents at PDI over the summer since he was twelve.
Drew has a Bachelor of Science in Management and International Business from the McDonough School of Business at Georgetown University.
Check out Drew's interview on Unfiltered.tv:
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