Fleet
About Fleet
Fleet is a company based in Portland (United States) founded in 2015 was acquired by Expeditors International of Washington in May 2020. Fleet has raised $14 million across 2 funding rounds from investors including United Parcel Service, Expeditors International of Washington and Lufthansa Cargo. The company has 40 employees as of December 31, 2022. Fleet operates in a competitive market with competitors including Flexport, Forto, sennder, Airspace and Wiz, among others.
- Headquarter Portland, United States
- Employees 40 as on 31 Dec, 2022
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Sectors
Transportation, Automotive & Logistics
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Fleet Logistics Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$14 M (USD)
in 2 rounds
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Latest Funding Round
$10 M (USD), Series A
Nov 20, 2017
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Investors
United Parcel Service
& 12 more
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Employee Count
40
as on Dec 31, 2022
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Acquired by
Expeditors International of Washington
(May 26, 2020)
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Funding Insights of Fleet
Fleet has successfully raised a total of $14M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $10 million completed in November 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Fleet
Fleet has secured backing from 13 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include United Parcel Service, Expeditors International of Washington and Lufthansa Cargo.
| Investor | Description | Founded Year | Domain | Location |
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An initiative focused on innovative first-look opportunities is offered.
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Life-Sciences & Tech focused Seed-stage VC Firm investing in geographies such as the US
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Investor details for Fleet
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by Fleet
Investment portfolio details for Fleet
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- Transaction dates
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Financial Statements - Fleet
Detailed financials for Fleet
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- Profit trends
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Fleet Comparisons
Peer comparison for Fleet
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
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Competitors of Fleet
Fleet 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 Flexport, Forto, sennder, Airspace and Wiz, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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End-to-end supply chain logistics platform and services are provided.
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Tech-enabled freight forwarding services for multi-modal cargo transport are provided.
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Tech-enabled platform matches shippers and carriers for trucking loads.
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Web-based cargo management solutions are offered for air logistics.
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| Locked | Locked | Locked |
Cloud security posture and application protection are managed across environments.
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Tech-enabled multi-modal freight forwarding services are provided globally.
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Detailed competitors of Fleet
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Fleet
Complete news archive for Fleet
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Frequently Asked Questions about Fleet
Fleet was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Fleet is headquartered in Portland, United States. It is registered at Portland, Oregon, United States.
Fleet is a funded company, having raised a total of $14M across 2 funding rounds to date.
As of Dec 31, 2022, the latest employee count at Fleet is 40.
Fleet was founded in 2015 in Portland, United States, as a tech-enabled freight forwarder in the logistics sector. A digital platform is provided for shippers to obtain quotes, book multi-modal shipments, and handle operations online, including real-time tracking and payments. Services encompass ocean and air freight, trucking, warehousing, customs clearance, and insurance, with partnerships including carriers such as UPS, Maersk, and Lufthansa Cargo.
Fleet has 13 investors. Key investors include United Parcel Service, Expeditors International of Washington, Lufthansa Cargo, UP2398, and 1517 Fund.