About Freightquote
Freightquote is a company based in Kansas City (United States) founded in 1998 was acquired by C.H. Robinson Worldwide in December 2014.. Freightquote has completed 2 acquisitions, including Rockwell Transportation Services and Twin Modal. Freightquote offers products and services including LTL Freight Shipping, Truckload Shipping, Parcel Shipping, and Custom Shipping Solutions. Freightquote operates in a competitive market with competitors including Echo Global Logistics, Transfix, uShip, Uber Freight and Loadsmart, among others.
- Headquarter Kansas City, United States
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Social
*********
- Legal Name C.H. Robinson Worldwide, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Morgan Stanley
& 3 more
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Employee Count
Employee Count
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Investments & Acquisitions
Rockwell Transportation Services
& 1 more
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Acquired by
C.H. Robinson Worldwide
(Dec 01, 2014)
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Products & Services of Freightquote
Freightquote offers a comprehensive portfolio of products and services, including LTL Freight Shipping, Truckload Shipping, Parcel Shipping, and Custom Shipping Solutions. 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.
Service for shipping loads under 15,000 pounds without filling a truck.
Full truck shipping for larger loads across various distances.
Solutions for shipping small packages under 100 pounds quickly.
Tailored services for specific needs like auto parts transport.
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Software Development Team
104 people
Leadership Team
86 people
Sales and Marketing
65 people
Operations Team
40 people
Account Team
39 people
Senior Team
36 people
Product Management Team
21 people
Manager Team
21 people
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Funding Insights of Freightquote
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2006 | Amount | Series A - Freightquote | Valuation |
investors |
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| Dec, 1999 | Amount | Unspecified - Freightquote | 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 Freightquote
Freightquote has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Morgan Stanley, C.H. Robinson Worldwide and Great Hill Partners. 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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Business acquisitions are targeted by the private equity firm.
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Founded Year | Domain | Location | |
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Early-stage venture capital firm investing in AI, healthcare, and tech sectors.
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Founded Year | Domain | Location | |
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Wealth management, investment advisory, and financial services are provided.
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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 Freightquote
Freightquote has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Rockwell Transportation Services and Twin Modal. 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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Rail and road transportation services are provided by the company.
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1981 | ||||
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Tech-enabled freight forwarding service provider
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1977 |
| 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.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Freightquote
| 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 |
Freightquote Comparisons
Competitors of Freightquote
Freightquote 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 Echo Global Logistics, Transfix, uShip, Uber Freight and Loadsmart, 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 |
Technology-enabled supply chain and transportation services are provided to enterprises.
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| domain | founded_year | HQ Location |
Offers a marketplace providing on-demand load matching and freight booking services
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| domain | founded_year | HQ Location |
Global online marketplace for freight and vehicle shipping is facilitated.
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| domain | founded_year | HQ Location |
Trucking carriers are matched with shippers via an online marketplace.
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| domain | founded_year | HQ Location |
Trucking services are booked via an online marketplace platform.
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| domain | founded_year | HQ Location |
Web-based payment solutions are offered for trucking operations.
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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 Freightquote
Frequently Asked Questions about Freightquote
When was Freightquote founded?
Freightquote was founded in 1998 and raised its 1st funding round 1 year after it was founded.
Where is Freightquote located?
Freightquote is headquartered in Kansas City, United States. It is registered at Kansas City, Missouri, United States.
What does Freightquote do?
Freightquote was established in 1998 in Kansas City, United States, within the logistics sector. A web-based platform is maintained for freight shipping, where carrier comparisons and shipment oversight are enabled. Instant quotes are generated, and carriers are booked directly by users. The process is automated to handle bill of lading preparation, dispatch coordination, and real-time tracking. Transportation expenditures are monitored to support efficient management for shippers.
Who are the top competitors of Freightquote?
Freightquote's top competitors include uShip, Transfix and Uber Freight.
What products or services does Freightquote offer?
Freightquote offers LTL Freight Shipping, Truckload Shipping, Parcel Shipping, and Custom Shipping Solutions.
How many acquisitions has Freightquote made?
Freightquote has made 2 acquisitions, including Rockwell Transportation Services, and Twin Modal.
Who are Freightquote's investors?
Freightquote has 4 investors. Key investors include Morgan Stanley, C.H. Robinson Worldwide, Great Hill Partners, and Menlo Ventures.
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