ePallet, a Los Angeles-based artificial intelligence (AI)-powered platform, raised $3 million in funding, allowing the company to continue to hire and expand its team and be in position for a Series A round of financing in 2019.

With ePallet's machine learning platform, ePallet enables manufacturers to reduce their overall operating costs by offloading every detail of servicing pallet-quantity customers, including freight, billing and customer service.

"With the $3 million we've raised to date, ePallet is looking forward to increasing its reach in 2019, growing our team and strengthening our mission of fixing the inefficiencies in the food supply chain to give everyone access to quality, affordable food products they deserve," says James Kwon, chief executive officer.