FreightWaves · Sep 2025
FreightWaves described Oway’s ELD-driven AI matching system, its carrier revenue uplift claims, and its stated transaction-fee monetization approach.
Company research
Public company, workplace, funding, and market signals
Updated Jul 30, 2026
Overview
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
Offices
San Francisco, California, United States
New York City, New York, United States
Business model
B2B freight marketplace
API-first logistics infrastructure
enterprise software / integrations
transaction-fee marketplace
Funding
Stage
Seed
Total raised
$4.6M
Latest round
Seed · Aug 2025
Latest amount
$4M
Aug 2025 · General Catalyst
Sep 2024 · Y Combinator
Aug 2024
People & investors
Leadership
Founder & CEO
Head of Product Engineering
Chief of Staff
Lead Architect
Head of Product
Work & culture
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.
Product & market
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
- —Uses live empty truck space instead of hub-and-spoke LTL
- —AI-native Juno automates routing, tracking, and exception handling
- —No freight classifications, reweighs, or backcharges on standard shipments
- —Same-day pickups and overnight delivery claims
- —API-first with EDI, SMC3, and P44 integrations
- —Carrier vetting and ELD-based telematics integrations
- —Up to 50% lower freight spend compared with traditional LTL
- —Designed to be free to start and easy to integrate
Technology
Juno AI coordination engine
Unified API
MCP integration layer
EDI integrations
SMC3 integration
P44 integration
ELD-based telematics integrations
TypeScript/JavaScript SDK
Go SDK
Node.js >= 18
Go >= 1.21
API-first platform
Developer portal
App / web portal
Customers
Businesses shipping 1-16 pallets
Shippers
Carriers
Enterprise shippers
Vybes
Euri Lighting
RTD Delivery Systems
CPG producers
Lighting manufacturers
Competitors
Uber Freight
Flock Freight
traditional LTL carriers
freight brokers
3PLs
Scale & contact
Estimated revenue
≈$2.6M estimated ARR
Latest news
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.
Jobs and careers at Oway
0 jobs at Oway
No open positions
Check back later for new openings