About FreightWeb
FreightWeb is a company based in Seattle (United States) founded in 2019 by William Payson and Farah Ali. It operates as a B2B. FreightWeb has raised $3 million across 1 funding round from investors including Madrona and 8VC. FreightWeb operates in a competitive market with competitors including Flock Freight, Saia, Viaopt, Koho and TRU LTL, among others.
- Headquarter Seattle, United States
- Founders William Payson, Farah Ali
- SectorsTransportation, Automotive & Logistics
- Website myfreightweb.com
- Total Equity Funding$3M (USD)
in 1 rounds
- Latest Funding Round$3M (USD), Seed
Feb 2020
- InvestorsMadrona
& 1 more
Funding Insights of FreightWeb
FreightWeb has successfully raised a total of $3M through 1 strategic funding round. The most recent funding activity was a Seed round of $3 million completed in February 2020. 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 $3M
- Total Rounds 1
- Last Round Seed — $3M
- First Round $3M
(Feb 2020)
- Investors Count 2
All 1 funding rounds of FreightWeb with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2020 | $3M | Seed | – | Madrona Venture Group, 8VC | – |
2 investors in total: 2 institutional.
Investors in FreightWeb
FreightWeb has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Madrona and 8VC.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investing in AI, biotech, and technology sectors, focusing on seed and early stages in Seattle and beyond. | – | madrona.com | - | |
Venture capital firm investing in technology, life sciences, and related sectors. | – | 8vc.com | - |
Investor details for FreightWeb
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People of FreightWeb
2 people are tracked at FreightWeb (2 in leadership).
| Name | Role | Group |
|---|---|---|
William Payson | ex-Co-Founder | Leadership |
Farah Ali | ex-Co-Founder | Leadership |
Complete people profiles for FreightWeb
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of FreightWeb
2 dated milestones of FreightWeb across 1 years, from founding to its latest funding, stage changes and deals.
- Founded FreightWeb is founded.
- Funding First funding round of $3.0M.
Competitors of FreightWeb
FreightWeb 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 Flock Freight, Saia, Viaopt, Koho and TRU LTL, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| flockfreight.com | 2015 | Encinitas, United States | $459.7M | – | Online marketplace to book shared trucking services | |
| saia.com | 1924 | Johns Creek, United States | – | 10,600 | A marketplace for partial truckloads and logistics services is operated. | |
| viaopt.com | 2017 | Palo Alto, United States | – | – | Trucking loads are consolidated via a collaborative shipping platform. | |
| koho.ai | 2019 | United Kingdom | – | 4 | Cloud-based performance management solutions are provided with AI integration. | |
| trultl.com | 2022 | Alpharetta, United States | – | – | Online platform connecting carriers, brokers, and shippers for freight management. | |
| inpacity.com | 2018 | New Orleans, United States | – | – | An AI-based platform for last-mile, partial truckload transport markets. |
Detailed competitors of FreightWeb
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- Full competitor set
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Latest news on Freightweb
Complete news archive for FreightWeb
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Similar companies to FreightWeb
10 companies that operate in the same segment as FreightWeb (Trucking), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Multimodal logistics and supply chain solutions are provided comprehensively. | 1958 | Gurugram, Haryana, India | – | USD 524.07 M | 13,460 | |
Fleet leasing and supply chain solutions are provided globally. | 1933 | Miami, Florida, United States | – | USD 12.66 B | 50,700 | |
Logistics and transportation services are provided by ArcBest. | 1923 | Fort Smith, Arkansas, United States | – | USD 4.01 B | 14,000 | |
Commercial trucks are manufactured and distributed by Daimler Truck. | 1895 | Leinfelden-echterdingen, Baden-wurttemberg, Germany | USD 9 B | USD 53.5 B | 102,890 | |
Integrated supply chain and mobility solutions are provided globally. | 2009 | Mumbai, Maharashtra, India | USD 33.05 M | USD 745.97 M | 4,100 | |
Supply chain, logistics, and transportation services are provided globally. | 1904 | United States | – | USD 56.16 B | 108,160 | |
Truck transportation and repair services are provided nationwide. | 1975 | Irving, Texas, United States | – | – | 3,842 | |
Equipment for logistics and energy sectors is manufactured and supplied. | 1980 | Shenzhen, Guangdong, China | – | USD 22.33 B | 50,690 | |
Road freight services including parcels, LTL, and FTL are provided. | 1995 | Dallas, Texas, United States | USD 300 K | – | 1,869 | |
Commercial vehicle brands are owned and operated by TRATON. | 2013 | Munchen, Bayern, Germany | – | USD 51.76 B | 105,540 |
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Frequently Asked Questions about FreightWeb
FreightWeb was founded in 2019 and raised its 1st funding round 1 year after it was founded.
FreightWeb is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
FreightWeb is a funded company, having raised a total of $3M across 1 funding round to date. The company's 1st funding round was a Seed of $3M, raised on Feb 2020.
FreightWeb provides comprehensive transportation solutions for partial truckload shipping, focusing on transportation and logistics, offering freight services, shipping, and partial truckload. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.
FreightWeb's top competitors include Flock Freight, Saia and Viaopt.