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. 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
- Founders Gion Otto Presser, Joe Teng
- SectorsTransportation, Automotive & Logistics
- Website instafreight.de
- Social LinkedIn X
- Legal Name Instafreight Gmbh
- EBITDA-$3.67 M (USD)57as on Dec 31, 2021
- Total Equity Funding$58.41 M (USD)
in 3 rounds
- Latest Funding Round$40 M (USD), Series B
Mar 09, 2022
- InvestorsShell
& 4 more
- Employee Count159
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.
- Total Funding $58.4M
- Total Rounds 3
- Last Round Series B — $40.0M
- First Round $9.5M
(30 Nov 2017)
- Investors Count 5
All 3 funding rounds of InstaFreight 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 |
|---|---|---|---|---|---|
| 09 Mar 2022 | $40.0M | Series B | – | European Investment Bank , Heliad | |
| 14 Jan 2020 | $8.9M | Series B | – | Shell | – |
| 30 Nov 2017 | $9.5M | Series A | – | – | – |
5 investors in total: 5 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Finance and advisory services for infrastructure projects are provided. | 1958 | eib.org | Luxembourg, Luxembourg | |
Private equity investments in growth-stage companies are managed by Heliad. | 2000 | heliad.com | Frankfurt Am Main, Germany | |
Global investments in internet and technology startups are facilitated. | 2006 | rocket-internet.com | Berlin, Germany | |
- | – | 683capitalmanagement.tcc.mode | - | |
Shell is recognized as a global energy and petrochemical company. | 1907 | shell.com | London, United Kingdom |
Investor details for InstaFreight
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People of InstaFreight
2 people are tracked at InstaFreight (2 in leadership); the tracked headcount is 159.
| Name | Role | Group |
|---|---|---|
Gion Otto Presser | Co-Founder | Leadership |
Joe Teng | Founder | Leadership |
Complete people profiles for InstaFreight
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Timeline of InstaFreight
3 dated milestones of InstaFreight across 6 years, from founding to its latest funding, stage changes and deals.
- Founded InstaFreight is founded.
- Funding First funding round of $9.5M.
- Funding Latest funding round, Series B, of $40.0M.
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.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| freighttiger.com | 2014 | Mumbai, India | $60.2M | 414 | Freight and logistics are managed via web-based platform. | |
| logi-spot.com | 2005 | Seoul, South Korea | $38.5M | – | SaaS-based transport management solutions are provided by LogiSpot. | |
| transporeon.com | 2000 | Ulm, Germany | $2.4M | – | Cloud-based transport management solutions are provided for logistics enterprises. | |
| shipwell.com | 2016 | Austin, United States | $47.1M | 127 | Online booking platform for freight transportation | |
| 3gtms.com | 2013 | Shelton, United States | $30.0M | 141 | Transportation management systems are provided for third-party logistics firms. | |
| mercurygate.com | 2000 | Cary, United States | $200,000 | 216 | Cloud-based transportation management systems are provided for multimodal logistics. | |
| pcssoft.com | 1997 | Houston, United States | $300,000 | 87 | AI & SaaS-driven transportation management software solution provider | |
| shipsy.io | 2015 | Gurugram, India | $32.9M | 233 | AI-powered logistics and supply chain solutions are delivered for businesses. | |
| descartes.com | 1981 | Waterloo, United States | – | 508 | Cloud-based solutions for transportation and supply chain management are offered. | |
| transplace.com | 2000 | Frisco, United States | – | – | Transportation management and 3PL solutions are provided to shippers. |
Detailed competitors of InstaFreight
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Latest news on Instafreight
Complete news archive for InstaFreight
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Similar companies to InstaFreight
10 companies that operate in the same segment as InstaFreight (Logistics Technology & Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Ride-hailing and on-demand delivery services are aggregated via mobile app. | 2012 | Singapore, Singapore | USD 9.09 B | USD 3.37 B | 11,270 | |
Food and grocery deliveries are facilitated through an app-based platform. | 2013 | San Francisco, California, United States | USD 2.47 B | USD 10.72 B | 23,700 | |
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.54 B | USD 2.46 B | 4,490 | |
Integrated logistics services including parcel delivery and warehousing are provided. | 2011 | Gurugram, Haryana, India | USD 1.25 B | USD 1.12 B | 62,070 | |
Online marketplace offering multi-category grocery products | 2015 | Barcelona, Catalonia, Spain | USD 1.16 B | – | – | |
E-commerce tools for shipping, marketing, and financial services are provided. | 2012 | Gurugram, Haryana, India | USD 344.42 M | USD 135.47 M | 800 | |
App based platform offering on demand delivery and ride-hailing services | 2010 | Jakarta, Jakarta, Indonesia | USD 4.72 B | – | – | |
Express delivery logistics solutions are provided for businesses and individuals. | 2015 | Bengaluru, Karnataka, India | USD 246.8 M | USD 447.86 M | – | |
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | 2015 | San Francisco, California, United States | USD 915 M | USD 1.62 B | 3,500 | |
Wolt is operated as a delivery platform for food and groceries. | 2014 | Helsinki, Finland | USD 827.96 M | – | – |
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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. The company's 1st funding round was a Series A of $9.51M, raised on Nov 30, 2017.
InstaFreight has 159 employees.
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.
InstaFreight operates through Instafreight Gmbh.