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RoadSync Establishes Flagship Office in Midtown Atlanta

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RoadSync, a digital financial platform for the logistics sector, has announced the opening of its new flagship office in Midtown Atlanta following a successful $30M Series B funding round. The new 31,328-square-foot office is strategically located to leverage Atlanta's vibrant startup ecosystem and enhance recruitment efforts. RoadSync's innovative payment solutions aim to streamline transactions within the supply chain, reducing processing times and maximizing revenue collection. This move underscores RoadSync's commitment to growth and the importance of location in attracting top talent.

Positive
  • Successful $30M Series B funding round.
  • New 31,328-square-foot flagship office in a prime location.
  • Focus on enhancing recruitment and talent acquisition.
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Leading digital financial platform for the logistics industry chooses Midtown Atlanta for its innovative tech community

ATLANTA--(BUSINESS WIRE)-- RoadSync, an innovative digital financial platform for the logistics industry, announces the opening of its new flagship office in Midtown Atlanta. The move comes after the company recently closed a $30M Series B round of investment funding.

“RoadSync is a success story straight from the Atlanta startup community, beginning with our incubation at Georgia Tech’s ATDC and sustained through the excellent support, resources, and great talent that Atlanta provides,” said Kevin Phillips, CFO of RoadSync. “Atlanta has always been home, but we are thrilled to firmly establish RoadSync in Midtown Atlanta as we continue to accelerate the development of our expanding product suite and continue recruitment of top talent.”

The move to Midtown Atlanta places RoadSync in the heart of Atlanta’s innovative startup community. Working alongside Cushman & Wakefield, RoadSync secured a 31,328-square-foot space at 715 Peachtree that reflects its vision for a future ripe with growth opportunity.

“The chase for talent has compelled real estate to be a primary strategic component for growth and success, and Midtown remains a dominant submarket to attract and retain employees,” said Addison Meriwether of Cushman & Wakefield. “The leadership at RoadSync has been incredibly focused and deliberate about creating the optimal workplace experience, which will have a lasting effect.”

Midtown was the preferred location for RoadSync, as it provides a vital transport and supply chain connection for the metro area.

"Midtown Atlanta continues to stand apart as a location of choice with its robust transportation network, quality amenities and globally-ranked anchor institutions," said Midtown Alliance President and CEO Kevin Green. "Our innovation ecosystem gets even stronger with companies like RoadSync planting their flag and growing their presence here."

RoadSync’s innovative payment products offer more ways for drivers, brokers, carriers, warehouses and merchants to realize quick and easy transactions, automating the payment process across all facets of the supply chain. For more information, visit www.roadsync.com.

About RoadSync

RoadSync is the digital financial platform for the logistics industry. By removing paper and phone calls from business transactions, RoadSync offers a fast, convenient, and secure way to move and manage money and conduct business, dramatically reducing payment processing time and maximizing revenue collection. RoadSync offers payment products for the entire supply chain – warehouses, trucks/carriers, repair/tow merchants, and brokers – integrating and automating the financial systems fueling the logistics industry. For more information, visit www.roadsync.com.

About Cushman and Wakefield

Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 50,000 employees in over 400 offices and 60 countries. In 2020, the firm had revenue of $7.8 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.

About Midtown Alliance

Midtown Alliance is a non-profit membership organization and a coalition of leading business and community leaders – united in our commitment to Midtown as a premier destination for commerce, culture, education and living. Guided by a visionary master plan – Blueprint Midtown – and in partnership with the Midtown Improvement District, our mission is to improve and sustain the quality of life for those who live, work and play here. Midtown Alliance accomplishes this goal through a comprehensive approach to planning and development that includes initiatives to enhance public safety, improve the physical environment, and strengthen the urban amenities which give the area its unique character. Learn more at MidtownATL.com.

Elisa Suri

Trevelino/Keller

esuri@trevelinokeller.com

Source: RoadSync

FAQ

What is the significance of RoadSync opening a new office in Midtown Atlanta?

The new office represents RoadSync's commitment to growth and positions the company in Atlanta's innovative startup ecosystem.

How much funding did RoadSync raise in its Series B round?

RoadSync successfully closed a $30M Series B funding round.

What are RoadSync's primary business objectives with the new office?

The primary objectives include accelerating product development and improving recruitment efforts.

What size is the new office location for RoadSync?

The new office spans 31,328 square feet.

Why is Midtown Atlanta considered a strategic location for companies like RoadSync?

Midtown offers a robust transportation network and quality amenities, which are vital for attracting and retaining employees.

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