About Freightos
Freightos is a company based in Miami Beach (United States) founded in 2012.. Freightos has raised $92.71 million across 7 funding rounds from investors including OurCrowd, General Electric and SGX. The company has 24 employees as of April 07, 2024. Freightos has completed 3 acquisitions, including 7LFreight, SHIPSTA and WebCargoNet. Freightos operates in a competitive market with competitors including Ladingo, GOtrack, JitPlus, Freights and Trucktus, among others.
- Headquarter Miami Beach, United States
- Employees 24 as on 07 Apr, 2024
- Stage Public
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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 Freightos Limited
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Annual Revenue
$20.28 M6.27as on Dec 31, 2023
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Net Profit
$-65.47 M-165.06as on Dec 31, 2023
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EBITDA
$-25.29 M-27.03as on Dec 31, 2023
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Total Equity Funding
$92.71 M (USD)
in 7 rounds
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Latest Funding Round
$44.4 M (USD), Series C
Sep 17, 2018
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Investors
OurCrowd
& 9 more
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Employee Count
24
as on Apr 07, 2024
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Investments & Acquisitions
7LFreight
& 2 more
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IPO & Listings of Freightos
Freightos is a publicly listed company on the NASDAQ with ticker symbol CRGO in USA, 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.
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Software Development Team
10 people
Sales and Marketing
9 people
Leadership Team
8 people
Finance and Accounting
8 people
Product Management Team
7 people
Human Resources and Administration
5 people
SRE Team
2 people
Creative and Marketing Team
2 people
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Funding Insights of Freightos
Freightos has successfully raised a total of $92.71M across 7 strategic funding rounds. The most recent funding activity was a Series C round of $44.4 million completed in September 2018. 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 7
- Last Round Series C — $44.4M
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First Round
First Round
(19 Dec 2012)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2018 | Amount | Series C - Freightos | Valuation | SGX | |
| Mar, 2017 | Amount | Series B - Freightos | Valuation | General Electric | |
| Sep, 2015 | Amount | Series B - Freightos | Valuation | Aleph , Israel Cleantech Ventures |
| 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 Freightos
Freightos has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include OurCrowd, General Electric and SGX. 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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Early-stage tech investments in Israel are focused on by Aleph.
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Founded Year | Domain | Location | |
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Seed and early-stage technology startups are invested in by MoreVC.
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Founded Year | Domain | Location | |
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Early and growth-stage technology companies are invested in.
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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 Freightos
Freightos has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include 7LFreight, SHIPSTA and WebCargoNet. 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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Cloud-based software for freight forwarding and transport streamlining is offered.
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2015 | ||||
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Carrier rates are centralized and accessed 24/7 by freight forwarders.
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2008 | ||||
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Cloud-based SaaS for freight quote management is offered.
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2006 |
| 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 - Freightos
| 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 |
Freightos Comparisons
Competitors of Freightos
Freightos 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 Ladingo, GOtrack, JitPlus, Freights and Trucktus, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based marketplace connects freight forwarders for ocean shipping bookings.
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| domain | founded_year | HQ Location |
Shippers and carriers are connected via an online logistics marketplace.
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| domain | founded_year | HQ Location |
Hosts a digital marketplace for efficient freight transportation services.
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| domain | founded_year | HQ Location |
Facilitates an online platform for freight exchange between carriers and forwarders.
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| domain | founded_year | HQ Location |
A booking platform for less-than-truckload (LTL) trucking services.
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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 Freightos
Frequently Asked Questions about Freightos
When was Freightos founded?
Freightos was founded in 2012.
Where is Freightos located?
Freightos is headquartered in Miami Beach, United States. It is registered at Miami Beach, Florida, United States.
Who is the current CEO of Freightos?
Zvi Schreiber is the current CEO of Freightos.
Is Freightos a funded company?
Freightos is a funded company, having raised a total of $92.71M across 7 funding rounds to date. The company's 1st funding round was a Series B of $14M, raised on Dec 19, 2012.
How many employees does Freightos have?
As of Apr 07, 2024, the latest employee count at Freightos is 24.
What is the annual revenue of Freightos?
Annual revenue of Freightos is $20.28M as on Dec 31, 2023.
What does Freightos do?
Freightos was founded in 2012 and is headquartered in Miami Beach, United States. A SaaS-based marketplace is operated for multi-modal freight transportation, encompassing air, ocean, and trucking options. Services include quote comparisons, shipment booking and tracking, automated pricing, load calculations, and guidance for freight forwarder selection, alongside contract and shipment management tools.
Who are the top competitors of Freightos?
Is Freightos publicly traded?
Yes, Freightos is publicly traded on NASDAQ under the ticker symbol CRGO.
How many acquisitions has Freightos made?
Freightos has made 3 acquisitions, including 7LFreight, SHIPSTA, and WebCargoNet.
Who are Freightos's investors?
Freightos has 10 investors. Key investors include OurCrowd, General Electric, SGX, Aleph, and MoreVC.
What is Freightos's ticker symbol?
The ticker symbol of Freightos is CRGO on NASDAQ.
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