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BravoTran

“Can a vertical AP/AR automation platform become the financial operating system for the world's freight forwarders on top of CargoWise?”

Founded2021
HQDeer Park, IL, United States (Chicago area)
FoundersMatt Bernstein
Total raised$2.8M (plus 2026 Arthur Ventures growth investment, undisclosed)
Latest roundGrowth investment led by Arthur Ventures (May 2026)
IndustryVertical SaaS / Freight Forwarding (AP Automation)

The story

BravoTran was founded in 2021 as a spinoff from HubTran, which had been acquired by TriumphPay/Triumph Bancorp for ~$97M. A small team led by Matt Bernstein carried HubTran's OCR+workflow tech into freight forwarding — a vertical too niche for TriumphPay's factoring/brokerage focus. The company is a vertical AP-automation SaaS tightly integrated with CargoWise, and has since extended into vendor payments (Statements & Payments) and, via the 2025 Keystroke.io acquisition, invoicing/AR.

Last 12 months

2026-05

Growth investment from Arthur Ventures announced

2025-09

Acquired Keystroke.io to add invoicing automation for freight forwarders

Product timeline

2021

BravoTran spins out of HubTran (post-TriumphPay acquisition) to bring AP automation technology to freight forwarders· pivot

2023

Payables product scales via CargoWise integration to process invoices and post accruals automatically· product

2024

Launches Statements & Payments product covering reconciliation and vendor payment scheduling· product

2025

Acquires Keystroke.io to add invoicing (AR) automation for freight forwarders· acquisition

2026

Secures growth investment from Arthur Ventures; serves 340+ customers across 55 countries· funding

Acquisitions

Keystroke.io2025

Invoicing automation technology, extending BravoTran from AP into AR for freight forwarders

The stack

1 layer disclosed in BravoTran’s embedded-finance stack

Accounting

CargoWise

Accounting gap: none

BravoTran — frequently asked

Which accounting software does BravoTran integrate with?

BravoTran integrates with CargoWise.

Who founded BravoTran?

BravoTran was founded by Matt Bernstein and is founded in 2021, headquartered in Deer Park, IL, United States (Chicago area).

How much funding has BravoTran raised?

BravoTran has raised $2.8M (plus 2026 Arthur Ventures growth investment, undisclosed) in total (latest round: Growth investment led by Arthur Ventures (May 2026)).

What companies has BravoTran acquired?

BravoTran's acquisitions include Keystroke.io (2025).

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