Detroit, MI — February 4, 2025 — Auto Hauler Exchange (AHX), the leading digital marketplace for vehicle transportation, today announced it has raised $5 million in a Series A funding round led by MHS Capital. The company plans to use the new capital to scale its operations, expand its team, and further enhance its marketplace platform, which currently, directly connects a growing network of vehicle haulers with vehicle shippers.
Auto Hauler Exchange is on a mission to remove the middleman in vehicle logistics. AHX currently boasts over 5,000+ carriers in its network and more than 350+ shippers actively using the platform to move vehicles more efficiently and transparently, while removing wasteful spend. The company’s platform offers a streamlined process for shippers to find reliable carriers while helping carriers optimize their routes and maximize their trailer capacity, reducing inefficiencies in the vehicle transportation industry.
Royce Neubauer, Founder and CEO of Auto Hauler Exchange, shared his excitement about the new funding: "This investment will allow us to accelerate the development of our platform and significantly grow our network of carriers and shippers. We’re focused on providing a seamless experience for all users, making vehicle transport easier, faster, and more cost-effective. Our mission is to revolutionize the finished vehicle industry, beginning with auto transport, and this funding is a major step toward realizing that vision."
MHS Capital, a growth-focused venture firm, led the funding round due to the strong growth potential of AHX in the finished vehicle space. Vijay Nagappan, Partner at MHS Capital, added: "Auto Hauler Exchange is redefining the way the vehicle transport industry operates by leveraging technology to create a more efficient and transparent marketplace. We are excited to support Royce and his team as they scale and continue to innovate in this vital industry."
Bert Amato, Venture Partner at Golden Ventures, which led Auto Hauler Exchange’s seed round, and invested in the Series A, shared, “We’ve always believed in Auto Hauler Exchange’s potential to transform the vehicle logistics industry. Their ability to streamline and innovate within a traditionally fragmented market is impressive. With this Series A funding, we're excited to continue supporting their journey as they scale and redefine vehicle logistics for the future."
With the Series A funding, Auto Hauler Exchange will continue to expand its marketplace offering, enhance its technology infrastructure, and recruit top talent to fuel its next phase of growth.
About Auto Hauler Exchange
Auto Hauler Exchange (AHX) is a digital marketplace that directly connects vehicle shippers and carriers, streamlining the vehicle transportation process. By leveraging technology, AHX creates a more efficient and cost-effective solution for vehicle logistics, improving visibility, transparency, and ease of use for both shippers and carriers. With a growing network of over 5,000 carriers and 300 shippers, AHX is quickly becoming a leading platform in the vehicle transport space. Learn more at www.autohaulerexchange.com.
Media Contact:
Lindy Singer
marketing@autohaulerx.com
