About InstaFreight
InstaFreight is a company based in Berlin (Germany) founded in 2016 by Gion Otto Presser and Joe Teng. InstaFreight has raised $58.41 million across 3 funding rounds from investors including Shell, Rocket Internet and European Investment Bank. The company has 159 employees as of December 31, 2023. InstaFreight offers products and services including Shipper Portal, Operator Portal, and Carrier Portal. InstaFreight operates in a competitive market with competitors including Freight Tiger, Logospot, Transporeon, Shipwell and 3GTMS, among others.
- Headquarter Berlin, Germany
- Employees 159 as on 31 Dec, 2023
- Founders Gion Otto Presser, Joe Teng
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Sectors
Transportation, Automotive & Logistics
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Phone
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Website
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Social
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- Legal Name Instafreight Gmbh
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
-$3.67 M (USD)57as on Dec 31, 2021
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Total Equity Funding
$58.41 M (USD)
in 3 rounds
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Latest Funding Round
$40 M (USD), Series B
Mar 09, 2022
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Investors
Shell
& 4 more
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Employee Count
159
as on Dec 31, 2023
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Products & Services of InstaFreight
InstaFreight offers a comprehensive portfolio of products and services, including Shipper Portal, Operator Portal, and Carrier Portal.
Platform for real-time quotations and order management.
Tools for order management and carrier matching.
System for load bidding and document handling.
Funding Insights of InstaFreight
InstaFreight has successfully raised a total of $58.41M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $40 million completed in March 2022. 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 InstaFreight
InstaFreight has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Shell, Rocket Internet and European Investment Bank.
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Private equity investments in growth-stage companies are managed by Heliad.
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Global investments in internet and technology startups are facilitated.
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Investor details for InstaFreight
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Investments & Acquisitions by InstaFreight
Investment portfolio details for InstaFreight
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Financial Statements - InstaFreight
Detailed financials for InstaFreight
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Instafreight Comparisons
Peer comparison for InstaFreight
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Competitors of InstaFreight
InstaFreight 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 Freight Tiger, Logospot, Transporeon, Shipwell and 3GTMS, among others.
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Freight and logistics are managed via web-based platform.
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SaaS-based transport management solutions are provided by LogiSpot.
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Cloud-based transport management solutions are provided for logistics enterprises.
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Online booking platform for freight transportation
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Transportation management systems are provided for third-party logistics firms.
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Cloud-based transportation management systems are provided for multimodal logistics.
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Detailed competitors of InstaFreight
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Latest news on Instafreight
Complete news archive for InstaFreight
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Frequently Asked Questions about InstaFreight
InstaFreight was founded in 2016 and raised its 1st funding round 1 year after it was founded.
InstaFreight is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
InstaFreight is a funded company, having raised a total of $58.41M across 3 funding rounds to date.
As of Dec 31, 2023, the latest employee count at InstaFreight is 159.
InstaFreight was founded in 2016 in Berlin, Germany, as a mobile-based marketplace in the road freight sector. Local shippers are connected with truck carriers through an on-demand platform for handling deliveries. Loads are submitted by shippers, enabling instant matching with nearby available trucks. Real-time tracking of shipments is facilitated directly in the app to support efficient operations.
InstaFreight's top competitors include Freight Tiger, Descartes and Shipwell.
InstaFreight offers Shipper Portal, Operator Portal, and Carrier Portal.
InstaFreight has 5 investors. Key investors include Shell, Rocket Internet, European Investment Bank, Heliad, and 683 Capital Management.