CargoSphere

Chapel Hill, United States Founded: 1999 • Age: 27 yrs Acquired By WiseTech Global
Rate and carrier management software is provided for freight forwarding.
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About CargoSphere

CargoSphere is a company based in Chapel Hill (United States) founded in 1999 was acquired by WiseTech Global in September 2017.. CargoSphere offers products and services including SUDS Technology and Rate Mesh. CargoSphere operates in a competitive market with competitors including Xeneta, Cargofive, WebCargo, Freightcrate and Portrix Logistic Software, among others.

  • Headquarter Chapel Hill, United States
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Planet Traders Inc
Operational Areas
Transportation, Automotive & Logistics → Supply Chain, Freight & Logistics
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    WiseTech Global

    (Sep 12, 2017)

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Products & Services of CargoSphere

CargoSphere offers a comprehensive portfolio of products and services, including SUDS Technology and Rate Mesh. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Uploads and cleans shipping contracts for accurate data management.

Facilitates real-time confidential rate distribution among partners.

Funding Insights of CargoSphere

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

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investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

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Investors in CargoSphere

CargoSphere has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include WiseTech Global. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Cloud-based logistics software suite is provided for supply chain management.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by CargoSphere

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - CargoSphere

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Cargosphere Comparisons

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Competitors of CargoSphere

CargoSphere operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Xeneta, Cargofive, WebCargo, Freightcrate and Portrix Logistic Software, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Provider of a freight rate market management platform
domain founded_year HQ Location
Cloud based automation and freight rate optimization software for freight forwarders
domain founded_year HQ Location
Provides freight sales management solutions for forwarders, airlines, and ocean liners.
domain founded_year HQ Location
Provider of freight rate management solutions
domain founded_year HQ Location
Software solutions for freight transportation are developed and provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Cargosphere

Frequently Asked Questions about CargoSphere

When was CargoSphere founded?

CargoSphere was founded in 1999.

Where is CargoSphere located?

CargoSphere is headquartered in Chapel Hill, United States. It is registered at Chapel Hill, North Carolina, United States.

Who is the current CEO of CargoSphere?

Neil Barni is the current CEO of CargoSphere.

What does CargoSphere do?

CargoSphere was founded in 1999 in Chapel Hill, United States, as a provider of cloud-based software for the freight forwarding industry. Rate and carrier management tools are offered, including analytics, reporting, quote creation, and internal rate visibility controls. Compliance with Federal Maritime Commission standards for tariff self-publishing and Negotiated Rate Arrangements is supported. The company was acquired by Wisetech Global in September 2017.

Who are the top competitors of CargoSphere?

CargoSphere's top competitors include Xeneta, Cargofive and Portrix Logistic Software.

What products or services does CargoSphere offer?

CargoSphere offers SUDS Technology and Rate Mesh.

Who are CargoSphere's investors?

CargoSphere has 1 investor. Key investors include WiseTech Global.

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