Freightify
Empowers freight forwarders by providing white labeled rate automation solutions to digitize their rate procurement, rate management, and quotation processes with ease.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor investor investor | €0.0 | round |
| N/A | €0.0 | round | |
| investor | €0.0 | round | |
| investor investor | €0.0 | round | |
| investor investor investor investor investor investor | €0.0 | round | |
| investor investor investor investor investor investor investor investor investor investor investor investor | €0.0 | round | |
| investor investor investor investor investor | €0.0 | round | |
* | N/A | $2.4m | Debt |
| Total Funding | 000k | ||
| USD | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 66 % | 7 % | 209 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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Freightify operates in the logistics and freight forwarding industry, providing a digital platform that simplifies the management of ocean freight rates, schedules, and quotes. The company serves freight forwarders, shippers, and logistics companies across 45 countries, offering tools that streamline procurement processes and improve operational efficiency.
Freightify's platform allows users to access live SPOT and Contract FCL (Full Container Load) and LCL (Less than Container Load) rates, manage quotes, and view sailing schedules all in one place. This integrated approach reduces the time and effort required to procure and manage freight services, enabling quicker turnaround times and better customer service.
The business model is subscription-based, where clients pay for access to the platform's features and services. Revenue is generated through these subscription fees, which vary based on the level of service and number of users.
Freightify's market includes small to large logistics companies looking to digitalize their operations and improve efficiency. The platform's ease of use and comprehensive features make it a valuable tool for companies aiming to stay competitive in the rapidly evolving logistics industry.
Keywords: ocean freight, logistics, digital platform, procurement, freight rates, sailing schedules, quotes management, freight forwarders, shippers, efficiency.