Venture 53 focused on logistics and supply chain innovation

A venture capital fund that launched during the COVID-19 pandemic and is focused on making the logistics industry more efficient is in the process of raising its third fund.

Venture 53 is dual-headquartered in Atlanta and Richmond, VA., the hometowns of the two Co-Founders. Its first fund was $3 million, and its second was $10 million. The latest effort is targeting a $30 million raise.

Venture 53 has made three investments so far — Emerge, a digital freight marketplace; Edray, a port logistics management platform; and MyCarrier, a transportation management solution, according to this article in Atlanta Inno. Check sizes range from $400,000 to $2 million, and the firm focuses on five logistics verticals: payment and visibility, yield management, warehousing and fulfillment, shipping and logistics.


Stay connected with us on Twitter and LinkedIn. Article ideas and other suggestions should be sent to Include the name and contact information (phone and email) for follow-up.