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Turvo, a Silicon Valley startup that's been quietly building logistics management software, has raised $25 million in Series A funding.

Making logistics efficient: Turvo's software lets large business connect all vendors and services they use to ship or move merchandise or supplies ― including brokers, shippers, carriers, and invoices and payments ― so they can manage it all at once. Sort of like a central command center. Turvo charges monthly fees and per-shipment fees to its customers, but they can in turn invite their vendors and business partners for free. Its existing customers include jerky manufacturer Oberto Brands, cosmetics company Le Metier De Beaute, and beer-maker Anchor Brewing.

Automation is coming: Turvo co-founder and CEO Eric Gilmore told Axios that narrow applications of AI techniques, like machine learning for image recognition, will yield some very interesting and useful products in the near future, but more complex technologies like self-driving cars will take much longer.

Deal details: Activant Capital led the round, with additional participation from existing investors Felicis Ventures, Upside Partnership, Slow Ventures, Tony Fadell ("father of the iPod" and Nest co-founder), as well as Box CEO Aaron Levie, Oscar co-founder Kevin Nazemi, and Ravi Venkatesan, chairman of Bank of Baroda and former chairman of Microsoft India.

Go deeper

Updated 8 mins ago - Politics & Policy

Shooting at Michigan high school leaves 3 dead, 6 wounded

Screengrab: CBSN

A 15-year-old sophomore was arrested after a shooting at a Michigan high school that left three people dead and six others wounded Wednesday, according to the Oakland County Sheriff's Office.

The latest: Oakland County Sheriff Michael Bouchard said at a briefing Tuesday night that the suspect's father had on Friday bought the 9mm Sig Sauer pistol investigators believe was used in the shooting at Oxford High School. Authorities publicly released the names of the victims late Tuesday.

City Council member Andre Dickens wins Atlanta mayoral race

Andre Dickens during a rally at Center Stage on November 28, 2021 in Atlanta, Georgia. (Photo by Paras Griffin/Getty Images)

City Council member Andre Dickens won a runoff election Tuesday to become Atlanta's next mayor, soundly beating the council's president Felicia Moore.

The big picture: Dickens was just a few months ago considered to have an outside chance of replacing Mayor Keisha Lance Bottoms, who announced in May that she wouldn't seek a second term.

UN report: Pandemic set to cost global tourism $2 trillion in 2021

A tourist in front of the Eiffel Tower on November 25, 2021 in Paris. Photo:Chesnot/Getty Images

A new United Nations report warns that global tourism will see only modest revenue gains in 2021 after last year's historic losses amid the COVID-19 pandemic.

Why it matters: Tourism revenues in 2020 fell by more than half from the previous year — a significant blow to the global economy, according to analysis by the UN World Tourism Organization (UNWTO).