About Freightcrate
Freightcrate is a company based in Mumbai (India) founded in 2016. Freightcrate has raised $394.07 thousand across 3 funding rounds from investors including Augusta Consultants, Shekama Family Trust and Rishit Anil Dani. The company has 5 employees as of April 01, 2024. Freightcrate operates in a competitive market with competitors including Xeneta, Cargofive, WebCargo, CargoSphere and Portrix Logistic Software, among others.
- Headquarter Mumbai, India
- Employees 5 as on 01 Apr, 2024
- Stage Minicorn
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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- Legal Name Freightcrate Technologies Private Limited
- Date of Incorporation 13 Jul, 2016
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$649.8 K (USD)-4.91as on Mar 31, 2023
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Net Profit
-$101.27 K (USD)10.23as on Mar 31, 2023
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EBITDA
-$61.95 K (USD)13.79as on Mar 31, 2023
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Total Equity Funding
$394.07 K (USD)
in 3 rounds
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Latest Funding Round
$270.82 K (USD), Seed
Dec 27, 2021
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Investors
Augusta Consultants
& 17 more
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Employee Count
5
as on Apr 01, 2024
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Funding Insights of Freightcrate
Freightcrate has successfully raised a total of $394.07K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $270.82 thousand completed in December 2021. 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 Freightcrate
Freightcrate has secured backing from 18 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Augusta Consultants, Shekama Family Trust and Rishit Anil Dani.
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Venture capital and single family offices investing in multiple sectors
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Multiple sectors are invested in by this private equity firm.
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Delivers comprehensive HR consulting, event management, and auditing services to businesses.
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Investor details for Freightcrate
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Investments & Acquisitions by Freightcrate
Investment portfolio details for Freightcrate
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Financial Statements - Freightcrate
Detailed financials for Freightcrate
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Freightcrate Comparisons
Peer comparison for Freightcrate
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Competitors of Freightcrate
Freightcrate 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, CargoSphere and Portrix Logistic Software, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Provider of a freight rate market management platform
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Cloud based automation and freight rate optimization software for freight forwarders
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Provides freight sales management solutions for forwarders, airlines, and ocean liners.
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Rate and carrier management software is provided for freight forwarding.
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Software solutions for freight transportation are developed and provided.
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Detailed competitors of Freightcrate
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Latest news on Freightcrate
Complete news archive for Freightcrate
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Frequently Asked Questions about Freightcrate
Freightcrate was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Freightcrate is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Freightcrate is a funded company, having raised a total of $394.07K across 3 funding rounds to date.
As of Apr 01, 2024, the latest employee count at Freightcrate is 5.
Annual revenue of Freightcrate is $649.8K as on Mar 31, 2023.
Freightcrate was established in 2016 in Mumbai, India, within the logistics sector. A digital platform is operated to assist exporters and importers with freight procurement, booking, and shipment management. Shipping quotes from various providers are sourced and booked online through the system. Operations are streamlined via features including quote comparisons, automated email updates on shipments, real-time tracking, and dashboards for monitoring expenditures and budgets.
Freightcrate's top competitors include Xeneta, Cargofive and Portrix Logistic Software.
Freightcrate has 18 investors. Key investors include Augusta Consultants, Shekama Family Trust, Rishit Anil Dani, Mangal Patwardhan Swaminathan, and Nyana Sabharwal.
The valuation of Freightcrate is $2.91M as of Dec 2021.