About MacroPoint
MacroPoint is a company based in Cleveland (United States) founded in 2011 was acquired by Descartes in August 2017. MacroPoint has raised $44 million across 1 funding round from investors including Descartes and Susquehanna Growth Equity. MacroPoint offers products and services including Real-time Visibility Platform and Capacity Sourcing. MacroPoint operates in a competitive market with competitors including FourKites, Shippeo, Roambee, Blume Global and Tive, among others.
- Headquarter Cleveland, United States
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Sectors
Transportation, Automotive & Logistics
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- Legal Name Macropoint, Llc
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Products & Services of MacroPoint
MacroPoint offers a comprehensive portfolio of products and services, including Real-time Visibility Platform and Capacity Sourcing.
Platform for tracking and monitoring shipments in real-time.
Tool for sourcing transportation capacity efficiently.
People of MacroPoint
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Leadership Team
2 people
Product Management Team
2 people
Sales and Marketing
1 people
Senior Team
1 people
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Funding Insights of MacroPoint
MacroPoint has successfully raised a total of $44M through 1 strategic funding round. The most recent funding activity was a Private Equity Round of $44 million completed in November 2016. 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 MacroPoint
MacroPoint has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Descartes and Susquehanna Growth Equity.
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Cloud-based solutions for transportation and supply chain management are offered.
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Investor details for MacroPoint
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Investments & Acquisitions by MacroPoint
Investment portfolio details for MacroPoint
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Financial Statements - MacroPoint
Detailed financials for MacroPoint
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Macropoint Comparisons
Peer comparison for MacroPoint
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Competitors of MacroPoint
MacroPoint 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 FourKites, Shippeo, Roambee, Blume Global and Tive, among others.
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AI and web-based visibility solutions for supply chains are developed.
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SaaS-based road freight transportation management platform for carriers and shippers
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AI-enabled solutions for shipment monitoring and tracking are provided.
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Cloud-based supply chain visibility solutions are provided for logistics stakeholders.
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Provider of cloud-based cargo tracking solutions
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Cargo tracking is enabled through web and IoT technologies.
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Detailed competitors of MacroPoint
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Latest news on Macropoint
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Frequently Asked Questions about MacroPoint
MacroPoint was founded in 2011 and raised its 1st funding round 5 years after it was founded.
MacroPoint is headquartered in Cleveland, United States. It is registered at Cleveland, Ohio, United States.
MacroPoint is a funded company, having raised a total of $44M across 1 funding round to date.
MacroPoint is a global freight visibility platform for shippers, brokers and 3PLs to get real-time visibility on the freight they have given to 3rd party carriers. MacroPoints patented, automated load monitoring and tracking software provides load location visibility, predictive analytics, and an automated communication platform to enable decision making for its clients.The solution is a cloud-based SaaS and it works on cell phone, with existing in-vehicle ELDGPS and tracking devices. It provides real-time location monitoring and tracking, delivery monitoring, and event notifications to third parties. As of Nov 2016, the company claims that over 800,000 drivers are a part of the MacroPoint enabled network.
MacroPoint's top competitors include FourKites, TrusTrace and Blume Global.
MacroPoint offers Real-time Visibility Platform and Capacity Sourcing.
MacroPoint has 2 investors. Key investors include Descartes, and Susquehanna Growth Equity.