About Descartes
Descartes is a company based in Waterloo (United States) founded in 1981. It operates as a SaaS (Software-as-a-Service) and Managed Services. Descartes has completed 52 acquisitions, including 3G, 4Solutions and Aerospace Software Developments. Descartes offers products and services including Descartes Global Logistics Network™, Routing, Mobile & Telematics, Ecommerce Shipping & Fulfillment, and Customs & Regulatory Compliance. Descartes operates in a competitive market with competitors including Freight Tiger, Blue Yonder, Logospot, GT Nexus and Amber Road, among others.
- Headquarter Waterloo, United States
- Stage Public
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Sectors
Transportation, Automotive & LogisticsTechnology
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Email
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Phone
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Website
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Social
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- Legal Name Descartes Systems Group Inc.
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Annual Revenue
$623.57 M (USD)16.03as on Jan 31, 2024
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Net Profit
$137.24 M (USD)26.22as on Jan 31, 2024
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EBITDA
$241.17 M (USD)13.82as on Jan 31, 2024
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Latest Funding Round
$36.19 K (USD), Grant
Apr 01, 2016
- Investors
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Employee Count
Not available
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Investments & Acquisitions
3G
& 51 more
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IPO & Listings of Descartes
Descartes is a publicly listed company on the TSX with ticker symbol DSG in Canada, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Descartes
Descartes offers a comprehensive portfolio of products and services, including Descartes Global Logistics Network™, Routing, Mobile & Telematics, Ecommerce Shipping & Fulfillment, and Customs & Regulatory Compliance.
An ecosystem of software for supply chain management.
Platform for last-mile delivery and fleet optimization.
Tools for inventory, warehouse, and shipping management.
Solutions for customs filings and regulatory compliance.
People of Descartes
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Leadership Team
71 people
Product Management Team
40 people
Sales and Marketing
39 people
Software Development Team
35 people
Senior Team
14 people
Human Resources and Administration
13 people
Legal and Compliance
11 people
Operations Team
10 people
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Funding Insights of Descartes
Investors in Descartes
Descartes has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union.
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Investor details for Descartes
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- Investor locations
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Investments & Acquisitions by Descartes
Descartes has strategically engaged in corporate development activities, having acquired 52 companies. Notable acquisitions include 3G, 4Solutions and Aerospace Software Developments.
Investment portfolio details for Descartes
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Cloud-based compliance solutions for logistics contractors are delivered.
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Offers AI & SaaS-based fleet management software
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Software solutions for FedEx contractors are provided by PackageRoute.
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Locked | Locked | 2016 | Locked |
Complete acquisition details for Descartes
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- Transaction dates
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- Domains and locations
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Financial Statements - Descartes
Detailed financials for Descartes
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- Profit trends
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Descartes Comparisons
Peer comparison for Descartes
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Competitors of Descartes
Descartes 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 Freight Tiger, Blue Yonder, Logospot, GT Nexus and Amber Road, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Freight and logistics are managed via web-based platform.
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AI and cloud-based supply chain management solutions are provided.
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SaaS-based transport management solutions are provided by LogiSpot.
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Supply chain analytics and management solutions are provided globally.
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Cloud-based global trade management solutions are provided to enterprises.
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Detailed competitors of Descartes
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Descartes
Complete news archive for Descartes
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Frequently Asked Questions about Descartes
Descartes was founded in 1981 and raised its 1st funding round 35 years after it was founded.
Descartes is headquartered in Waterloo, United States. It is registered at Waterloo, Iowa, United States.
Annual revenue of Descartes is $623.57M as on Jan 31, 2024.
Descartes is established as a leader in cloud-based logistics and supply chain management solutions. The companys offerings are designed to enhance productivity, performance, and security across various industries including retail, transportation, logistics, manufacturing, and field services. Solutions provided by Descartes encompass B2B connectivity, customs compliance, ecommerce fulfillment, global trade intelligence, and transportation management. The Descartes Global Logistics Network is utilized as a key ecosystem for integrating software solutions in the supply chain market. Operations are supported through a comprehensive logistics technology platform that connects inventory, information, assets, and people globally.
Descartes's top competitors include Blue Yonder, Freight Tiger and GT Nexus.
Descartes offers Descartes Global Logistics Network™, Routing, Mobile & Telematics, Ecommerce Shipping & Fulfillment, and Customs & Regulatory Compliance.
Yes, Descartes is publicly traded on TSX under the ticker symbol DSG.
Descartes has made 52 acquisitions, including 3G, 4Solutions, and Aerospace Software Developments.
Descartes has 1 investor. Key investors include European Union.
The ticker symbol of Descartes is DSG on TSX.