FreightWaves · Sep 2025
FreightWaves described Oway’s ELD-driven AI matching system, its carrier revenue uplift claims, and its stated transaction-fee monetization approach.
Public company, workplace, funding, and market signals
Updated Jul 30, 2026
Oway is a San Francisco-based logistics infrastructure company founded in 2023. It runs a free-to-use, API-first “Coordination OS for the Physical Economy” that matches unused truck capacity with shippers, automates routing/dispatch with its AI engine Juno, and positions itself as an alternative to traditional LTL shipping.
Primary product
AI-native freight coordination OS / rideshare freight marketplace for unused truck space
Founded
2023
Headquarters
San Francisco, California, United States
Team size
11-50
Work style
Flexible
Industry
Technology, Information and Internet
Sub-industry
Freight / logistics infrastructure platform
0 jobs at Oway
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Offices
Business model
Stage
Seed
Total raised
$4.6M
Latest round
Seed · Aug 2025
Latest amount
$4M
Aug 2025 · General Catalyst
Sep 2024 · Y Combinator
Aug 2024
Leadership
Founder & CEO
Head of Product Engineering
Chief of Staff
Lead Architect
Head of Product
Investors
Mission-driven and highly collaborative, with an emphasis on solving large logistics inefficiencies and making that work feel fun while supporting U.S. reindustrialization.
Work style
Flexible
Compensation
Public job listings show Senior Full-Stack Engineer at $150K-$220K with 0.20%-0.60% equity, Senior Machine Learning Engineer at $160K-$250K with 0.20%-0.60% equity, and Carrier Sales Representative at $115K-$150K. Remote U.S. options are listed for some roles.
Pricing
Free for small and midsize accounts; custom enterprise pricing / integrations for larger customers; transaction-fee marketplace economics implied by company and press coverage.
Differentiators
Technology
Customers
Competitors
Estimated revenue
≈$2.6M estimated ARR
FreightWaves · Sep 2025
FreightWaves described Oway’s ELD-driven AI matching system, its carrier revenue uplift claims, and its stated transaction-fee monetization approach.
FinSMEs · Aug 2025
FinSMEs summarized the seed round and listed backers including Y Combinator, General Catalyst, Wayfinder Ventures, Phosphor Capital, and Soma Capital.
PYMNTS · Aug 2025
PYMNTS reported Oway’s $4M seed round and highlighted claims of 10,000 active vehicles, 1,000 customers, and up to 50% freight-cost savings.
TechCrunch · Aug 2025
TechCrunch reported that Oway closed a $4M seed round, is backed by Y Combinator and General Catalyst, and is building a decentralized freight marketplace that uses AI to match cargo with empty truck space.
Yahoo Finance · Aug 2025
Yahoo Finance republished the TechCrunch story and reiterated Oway’s $4M seed round, 2023 founding date, and AI-driven freight-matching model.