About Freightpal
Freightpal is a company based in Los Angeles (United States) founded in 2014.. Freightpal has raised $735 thousand across 1 funding round. Freightpal offers products and services including FreightPal Platform, Time-Definite Delivery, Shopify Integrations, and Shipment Tracking. Freightpal operates in a competitive market with competitors including Jet Delivery, Runnin Red, Courierboard, 360ship and Gzavnili, among others.
- Headquarter Los Angeles, United States
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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 Freightpal, Inc.
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Annual Revenue
$2.62 M-20as on Dec 31, 2021
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Net Profit
$-149.75 K20as on Dec 31, 2021
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EBITDA
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Total Equity Funding
$735 K (USD)
in 1 rounds
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Latest Funding Round
$735 K (USD), Seed
Apr 26, 2017
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Investors
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Employee Count
Employee Count
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Products & Services of Freightpal
Freightpal offers a comprehensive portfolio of products and services, including FreightPal Platform, Time-Definite Delivery, Shopify Integrations, and Shipment Tracking. 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 booking and tracking shipments online
Service offering time-specific shipping options for parcels
Integration for seamless shipping in online stores
Tool for real-time tracking of parcels and freight
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Advisor Team
2 people
Founder Team
1 people
CTO Team
1 people
Operations Team
1 people
Regional Team
1 people
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Funding Insights of Freightpal
Freightpal has successfully raised a total of $735K through 1 strategic funding round. The most recent funding activity was a Seed round of $735 thousand completed in April 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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $735,000
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First Round
First Round
(26 Apr 2017)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2017 | Amount | Seed - Freightpal | Valuation |
investors |
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| 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 |
Investments & Acquisitions by Freightpal
| 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 |
Financial Statements - Freightpal
| 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 |
Freightpal Comparisons
Competitors of Freightpal
Freightpal 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 Jet Delivery, Runnin Red, Courierboard, 360ship and Gzavnili, 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 |
An online platform providing reliable same-day courier delivery services.
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| domain | founded_year | HQ Location |
Cross-border shipping services for US goods to Canada are facilitated.
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| domain | founded_year | HQ Location |
Connects shippers with courier companies through an online platform.
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| domain | founded_year | HQ Location |
Offers an online platform for convenient booking of parcel shipping services.
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| domain | founded_year | HQ Location |
Operates an online platform for reliable parcel delivery services.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Frequently Asked Questions about Freightpal
When was Freightpal founded?
Freightpal was founded in 2014 and raised its 1st funding round 3 years after it was founded.
Where is Freightpal located?
Freightpal is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Is Freightpal a funded company?
Freightpal is a funded company, having raised a total of $735K across 1 funding round to date. The company's 1st funding round was a Seed of $735K, raised on Apr 26, 2017.
What is the annual revenue of Freightpal?
Annual revenue of Freightpal is $2.62M as on Dec 31, 2021.
What does Freightpal do?
Freightpal was established in 2014 in Los Angeles, United States, within the logistics sector. An online platform is maintained for users to compare freight rates from multiple carriers. Shipment details, including origin, destination, and package specifications, are submitted to generate quotes. A carrier is chosen, payment is completed, and shipping labels are generated for printing. Pickup scheduling is facilitated post-payment.
Who are the top competitors of Freightpal?
Freightpal's top competitors include Runnin Red, Jet Delivery and Courierboard.
What products or services does Freightpal offer?
Freightpal offers FreightPal Platform, Time-Definite Delivery, Shopify Integrations, and Shipment Tracking.