Modern Forwarding

Windsor, Canada Founded: 2003 • Age: 23 yrs Acquired By Dicom
Web-enabled solutions for freight forwarding and trucking operations are provided.
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About Modern Forwarding

Modern Forwarding is a company based in Windsor (Canada) founded in 2003 was acquired by Dicom in April 2015.. Modern Forwarding operates in a competitive market with competitors including WiseTech Global, Magaya Corporation, Vector AI, Freightwalla and GoComet, among others.

  • Headquarter Windsor, Canada
  • Sectors
    Transportation, Automotive & Logistics
  • Phone
    *********
  • Website
    *********
Operational Areas
Transportation, Automotive & Logistics → Supply Chain, Freight & Logistics
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Dicom

    (Apr 02, 2015)

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Funding Insights of Modern Forwarding

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Modern Forwarding

Modern Forwarding has secured backing from 1 investor. Prominent investors backing the company include GLS Canada. 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.

All
Investor Description Founded Year Domain Location
Parcel, freight, and logistics solutions are provided worldwide.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Modern Forwarding

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Modern Forwarding

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Modern Forwarding Comparisons

Employees
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Competitors of Modern Forwarding

Modern Forwarding 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 WiseTech Global, Magaya Corporation, Vector AI, Freightwalla and GoComet, 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
Cloud-based logistics software suite is provided for supply chain management.
domain founded_year HQ Location
Cloud-based supply chain and logistics software is offered to businesses.
domain founded_year HQ Location
AI-driven freight forwarding and management are automated for logistics.
domain founded_year HQ Location
Freight forwarding software is offered for enterprise shipment management.
domain founded_year HQ Location
AI-powered multimodal logistics platform for end-to-end supply chain digitization
domain founded_year HQ Location
Cloud based platform providing freight forwarding solutions
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Modern Forwarding

Frequently Asked Questions about Modern Forwarding

When was Modern Forwarding founded?

Modern Forwarding was founded in 2003.

Where is Modern Forwarding located?

Modern Forwarding is headquartered in Windsor, Canada. It is registered at Windsor, Ontario, Canada.

What does Modern Forwarding do?

Modern Forwarding was established in 2003 in Windsor, Canada, as a provider in the logistics sector. Web-based tools are offered to manage trucking and freight forwarding activities. Operations are streamlined through these digital solutions, which support end-to-end processes. Services are delivered via a subscription-based model, enabling access for businesses handling international and domestic shipments. Focus is placed on efficiency in supply chain management within North America.

Who are the top competitors of Modern Forwarding?

Modern Forwarding's top competitors include WiseTech Global, GoComet and Magaya Corporation.

Who are Modern Forwarding's investors?

Modern Forwarding has 1 investor. Key investors include GLS Canada.

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