About FourKites
FourKites is a company based in Chicago (United States) founded in 2014 by Mathew Joseph Elenjickal.. FourKites has raised $243.3 million across 9 funding rounds from investors including Zebra, FedEx and Mitsui & Co.. The company has 302 employees as of April 06, 2024. FourKites has completed 2 acquisitions, including Haven Inc and NIC-Place. FourKites offers products and services including Intelligent Control Tower, Real-Time Network, Digital Twins, and Digital Workforce. FourKites operates in a competitive market with competitors including ORBCOMM, Blume Global, TrusTrace, Shippeo and Tive, among others.
- Headquarter Chicago, United States
- Employees 302 as on 06 Apr, 2024
- Founders Mathew Joseph Elenjickal
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Sectors
Industrial Goods & ManufacturingTechnology Transportation, Automotive & Logistics
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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 Fourkites India Private Limited
- Date of Incorporation 19 Jan, 2015
- Jurisdiction Saidapet, Tamil Nadu, India
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Annual Revenue
$14.8 M (USD)17.35as on Mar 31, 2023
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Net Profit
$1.48 M (USD)22.74as on Mar 31, 2023
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EBITDA
$1.86 M (USD)0.93as on Mar 31, 2023
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Total Equity Funding
$243.3 M (USD)
in 9 rounds
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Latest Funding Round
$10 M (USD), Series D
Sep 28, 2022
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Investors
Zebra
& 12 more
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Employee Count
302
as on Apr 06, 2024
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Investments & Acquisitions
Haven Inc
& 1 more
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Products & Services of FourKites
FourKites offers a comprehensive portfolio of products and services, including Intelligent Control Tower, Real-Time Network, Digital Twins, and Digital Workforce. 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.
Platform for end-to-end visibility and automated supply chain execution.
Network for tracking shipments and predicting disruptions in logistics.
Creates dynamic models of supply chain operations for better decisions.
AI agents that automate routine supply chain tasks and processes.
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Software Development Team
59 people
Leadership Team
23 people
Product Management Team
20 people
Senior Team
13 people
Sales and Marketing
11 people
Human Resources and Administration
10 people
Finance and Accounting
9 people
Operations Team
7 people
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Funding Insights of FourKites
FourKites has successfully raised a total of $243.3M across 9 strategic funding rounds. The most recent funding activity was a Series D round of $10 million completed in September 2022. 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.
- Total Funding Total Funding
- Total Rounds 9
- Last Round Series D — $10.0M
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First Round
First Round
(15 May 2015)
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2022 | Amount | Series D - FourKites | Valuation | Mitsui |
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| Aug, 2022 | Amount | Series D - FourKites | Valuation |
investors |
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| Jun, 2022 | Amount | Series D - FourKites | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in FourKites
FourKites has secured backing from 13 investors, including institutional and venture fund investors. Prominent investors backing the company include Zebra, FedEx and Mitsui & Co.. 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.
| Investor | Description | Founded Year | Domain | Location |
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Private equity investments are directed toward traditional industries.
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Founded Year | Domain | Location | |
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Venture capital is invested personally in fewer enterprises, with support provided for building game-changing businesses.
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Founded Year | Domain | Location | |
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Early-stage venture capital is invested in Midwest technology startups.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by FourKites
FourKites has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Haven Inc and NIC-Place. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Tracking solutions for telematics and shipment data are provided.
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2016 | ||||
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Software Platform for International Shippers
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2014 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - FourKites
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Fourkites Comparisons
Competitors of FourKites
FourKites 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 ORBCOMM, Blume Global, TrusTrace, Shippeo and Tive, 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 |
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| domain | founded_year | HQ Location |
M2M communication solutions for asset tracking and management are provided.
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| domain | founded_year | HQ Location |
Cloud-based supply chain visibility solutions are provided for logistics stakeholders.
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| domain | founded_year | HQ Location |
Blockchain-based traceability and sustainability solutions for the fashion industry
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| domain | founded_year | HQ Location |
SaaS-based road freight transportation management platform for carriers and shippers
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| domain | founded_year | HQ Location |
Provider of cloud-based cargo tracking solutions
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Fourkites
Frequently Asked Questions about FourKites
When was FourKites founded?
FourKites was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is FourKites located?
FourKites is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Who is the current CEO of FourKites?
Mathew Joseph Elenjickal is the current CEO of FourKites. They have also founded this company.
Is FourKites a funded company?
FourKites is a funded company, having raised a total of $243.3M across 9 funding rounds to date.
How many employees does FourKites have?
As of Apr 06, 2024, the latest employee count at FourKites is 302.
What is the annual revenue of FourKites?
Annual revenue of FourKites is $14.8M as on Mar 31, 2023.
What does FourKites do?
FourKites was founded in 2014 in Chicago, United States, as a developer of AI-driven visibility tools for the supply chain sector. Real-time tracking solutions are offered to shippers, brokers, third-party logistics providers, and carriers. Machine learning and predictive analytics are utilized to deliver shipment insights and estimated arrival times. Coverage extends across ocean, rail, parcel, and over-the-road modes via GPS and ELD integrations.
Who are the top competitors of FourKites?
FourKites's top competitors include ORBCOMM, TrusTrace and Blume Global.
What products or services does FourKites offer?
FourKites offers Intelligent Control Tower, Real-Time Network, Digital Twins, and Digital Workforce.
How many acquisitions has FourKites made?
Who are FourKites's investors?
FourKites has 13 investors. Key investors include Zebra, FedEx, Mitsui & Co., Volvo Group, and Thomas H Lee Partners.
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