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Torch logo — The Digital Short-Haul 3PL

Torch

The Digital Short-Haul 3PL

Founded 2019 United States Chicago, United States 33 employees Corporate Total: $104.35M Transportation

General Information

Company Name Torch
Founded Year 2019
Location United States Chicago, United States +1
Employees 33
Industries Transportation
Funding Stage Corporate
Social

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About Torch

Torch is a transportation startup, founded in 2019 in the United States. The company touts itself as "The Digital Short-Haul 3PL" with a focus on lanes spanning 50-550 miles. Torch's unique offering lies in its integration with thousands of micro-carriers, aiming to unlock hidden capacity for dealing with tricky loads. Recently, the company secured a $3.50M investment in a Seed Round on 15 April 2021. The investors in this round included a consortium of notable firms like Bluestein Ventures, SaaS VC, Supply Chain Ventures, Anorak Ventures, Schematic Ventures, and Maersk Growth. Torch's specialization in the underserved digital short-haul 3PL segment and its successful recent funding round makes it a noteworthy player in the transportation industry, showcasing potential for further growth.

Taxonomy: 3PL, digital logistics, short-haul transportation, micro-carriers, capacity, logistics technology, transportation management, supply chain optimization

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Corporate •••••• - 13 Jan 2026
Seed Round •••••• 6
Investor Investor Investor Investor Investor
•••• •••• 		15 Apr 2021
Pre Seed Round •••••• 1
Investor
14 Oct 2020

Latest News

View All
OpenAI acquires health-care technology startup Torch for $60 million, source says — Cnbc
OpenAI acquires health-care technology startup Torch for $60 million, source says
Cnbc Jan 13, 2026
OpenAI, sağlık teknolojileri girişimi Torch'u satın alıyor — Webrazzi
OpenAI, sağlık teknolojileri girişimi Torch'u satın alıyor
Webrazzi Jan 13, 2026
OpenAI to buy cybersecurity startup Promptfoo to better safeguard AI agents — Cnbc
OpenAI to buy cybersecurity startup Promptfoo to better safeguard AI agents
Cnbc Mar 09, 2026
OpenAI to acquire developer tooling startup Astral in boost for Codex team — Cnbc
OpenAI to acquire developer tooling startup Astral in boost for Codex team
Cnbc Mar 19, 2026
'Chasing vibes' — OpenAI's M&A strategy gets more confusing with TBPN purchase — Cnbc
'Chasing vibes' — OpenAI's M&A strategy gets more confusing with TBPN purchase
Cnbc Apr 03, 2026
OpenAI to acquire Ona to support its AI coding assistant, Codex — Cnbc
OpenAI to acquire Ona to support its AI coding assistant, Codex
Cnbc Jun 11, 2026

Torch Alternatives & Competitors

Torch vs
Fruition Logistics
Fruition Logistics United States

The experts in the transportation of refrigerated and perishable goods

9 employees
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Compare Torch vs Fruition Logistics
Torch vs
Dubs
Dubs Finland

Dubs is your first mile that makes every other mile possible. We operate physical assets at software...

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Torch vs
Sun City Group, Inc
Sun City Group, Inc United States

Delivering peace of mind.

Series Unknown
52 employees
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Compare Torch vs Sun City Group, Inc
Also compare with: Torch vs Stobart europe Stobart europe

FAQ About Torch

The Digital Short-Haul 3PL
Torch was founded in 2019.
Torch is headquartered in Chicago, United States.
Torch operates in the following industries: Transportation.
Torch has approximately 33 employees.
Torch has completed 3 funding rounds, raising a total of $104.35M. The latest funding stage is Corporate.
Top alternatives and competitors to Torch include Fruition Logistics, Dubs, Sun City Group, Inc, Stobart europe, BX Log. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Torch and Fruition Logistics are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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