About Freightify
Freightify is a company based in Singapore (Singapore) founded in 2016 by Raghavendran Viswanathan. Freightify has raised $19.52 million across 10 funding rounds from investors including Angel List, Wellfound and Venture Catalysts. The company has 182 employees as of April 07, 2024. Freightify offers products and services including Core Platform, Rate Procurement, Rate Management, Quotation, and Customer Portal. Freightify operates in a competitive market with competitors including CargoMetrics, Ship Angel, Wisor, Wiremind and Pamyra, among others.
- Headquarter Singapore, Singapore
- Employees 182 as on 07 Apr, 2024
- Founders Raghavendran Viswanathan
- 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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Social
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- Legal Name Freightify Solutions India Private Limited
- Date of Incorporation 29 Jun, 2022
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$2.24 M (USD)0as on Mar 31, 2023
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Net Profit
-$581.56 K (USD)0as on Mar 31, 2023
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EBITDA
-$459.53 K (USD)0as on Mar 31, 2023
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Total Equity Funding
$19.52 M (USD)
in 10 rounds
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Latest Funding Round
Not available
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Investors
Angel List
& 76 more
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Employee Count
182
as on Apr 07, 2024
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Products & Services of Freightify
Freightify offers a comprehensive portfolio of products and services, including Core Platform, Rate Procurement, Rate Management, Quotation, and Customer Portal.
Platform for unified freight rate access and management
Tool to source and standardize freight rates from carriers
System for searching, filtering, and adding margins to rates
Tool to generate and manage freight quotes efficiently
White-labeled portal for customer rate viewing and tracking
Service for live shipment tracking and bulk monitoring
Platform for monitoring business metrics and reports
People of Freightify
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Software Development Team
5 people
Finance and Accounting
4 people
Leadership Team
3 people
Product Management Team
2 people
Operations Team
1 people
Advisor Team
1 people
Sales and Marketing
1 people
Human Resources and Administration
1 people
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Funding Insights of Freightify
Freightify has successfully raised a total of $19.52M across 10 strategic funding rounds. 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 Freightify
Freightify has secured backing from 77 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Angel List, Wellfound and Venture Catalysts.
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Enterprise startups are accelerated via a 6-month program.
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TMV is engaged in venture capital investments for transformative startups.
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Venture debt funding and structured finance for innovative startups in India.
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Locked | Locked | Locked |
Investor details for Freightify
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by Freightify
Investment portfolio details for Freightify
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Financial Statements - Freightify
Detailed financials for Freightify
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Freightify Comparisons
Peer comparison for Freightify
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Competitors of Freightify
Freightify 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 CargoMetrics, Ship Angel, Wisor, Wiremind and Pamyra, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Offers technology and method development for measuring maritime trade and in other fields
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Freight rate management software is provided for enterprise shippers.
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AI and web-enabled freight rate management solutions are provided.
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Offers specialized pricing solutions for the trucking industry.
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Online price comparison platform for shipping companies
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Detailed competitors of Freightify
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Latest news on Freightify
Complete news archive for Freightify
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Frequently Asked Questions about Freightify
Freightify was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Freightify is headquartered in Singapore, Singapore.
Raghavendran Viswanathan is the current CEO of Freightify. They have also founded this company.
Freightify is a funded company, having raised a total of $19.52M across 10 funding rounds to date.
As of Apr 07, 2024, the latest employee count at Freightify is 182.
Annual revenue of Freightify is $2.24M as on Mar 31, 2023.
Freightify was founded in 2016 in Singapore, where web-based solutions for freight rate and quotation management are provided. A suite of tools for handling freight quotations, rate procurement, and analytics is offered within the logistics sector. An API is included for automating freight rates, scheduling tasks, and product tracking. Additionally, a customer engagement platform is available for incorporating margins and customer quotes. Operations focus on streamlining freight processes for businesses.
Freightify's top competitors include Wisor, CargoMetrics and Ship Angel.
Freightify offers Core Platform, Rate Procurement, Rate Management, Quotation, and 3 more products and services.
Freightify has 77 investors. Key investors include Angel List, Wellfound, Venture Catalysts, Peak XV Partners, and Alteria Capital.
The valuation of Freightify is $7.84M as of Jun 2022.