GREEN BAY, WI (Feb. 2, 2023) – TitletownTech, a venture capital firm formed out of a partnership between the Green Bay Packers and Microsoft, has invested in Tusk Logistics, a Chicago-based supply chain company that has built a national network of regional parcel carriers.
Tusk publicly launched at the supply chain and logistics conference Manifest, and announced its $1.6 million pre-seed funding round, led by Forum Ventures with participation from TitletownTech and Fulfillment IQ. The company plans to focus funds on product development and grow the Tusk team. The organization is currently hiring a Head of Sales and Head of Marketing.
“We’re excited to welcome Tusk to our TitletownTech portfolio,” said TitletownTech Managing Director Craig Dickman. “The company is bringing much-needed optionality to the e-commerce space via its national network of regional carriers. We’re ready to support Tusk on its mission to deliver value to shippers.”
Many shippers invest in single-carrier relationships with big names like FedEx or UPS, leaving them vulnerable to rising prices and operational disruptions. By connecting shippers to a national network of regional parcel carriers, Tusk is providing e-commerce shippers reliable service, predictable pricing, and proactive support, with shipping rates often 40% lower than the larger carriers.
Tusk co-founders Ben Emmrich (left) and Adam Hipp (right).
Tusk was founded in 2021 by Ben Emmrich and Adam Hipp, both Midwest natives, whose experience lies at the intersection of technology, e-commerce, and shipping and logistics. Prior to building Tusk, Emmrich led operations and strategic partnerships at Google Shopping and Shippo, while Hipp built software and led teams at General Electric and ShipBob.
“The Tusk team is excited to have TitletownTech as an early partner as we grow our team and build our shipper-focused product,” said Ben Emmrich, co-founder and CEO of Tusk. “As a Wisconsinite, born and raised in Dane County, it means a great deal to me that Wisconsin
has the type of innovative and bold investors to recognize and support our critical work.”