OpenPort

Hong Kong, China Founded: 2015 • Age: 11 yrs
Supply chain management solutions for enterprises
Annual revenue $182,724 Latest available
Total funding $500,000 3 rounds
Employees 9 Tracked headcount
Investors 2 Known backers
Products 4 Services tracked
Competitors 11 Brand Intelligence

About OpenPort

OpenPort is a company based in Hong Kong (China) founded in 2015. OpenPort has raised $500 thousand across 3 funding rounds from investors including Caldera Pacific and SIG China. The company has 9 employees as of April 08, 2024. OpenPort offers products and services including Transport Management System, Digital Trucking Marketplace, Digital Custom Clearance, and Warehouse Picking Operations. OpenPort operates in a competitive market with competitors including Freight Tiger, Logospot, Transporeon, Shipwell and 3GTMS, among others.

  • Headquarter Hong Kong, China
  • Employees 9 as on 08 Apr, 2024
  • Sectors
    Transportation, Automotive & Logistics
  • Phone
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  • Website
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  • Social
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  • Legal Name Openport Logistics India Private Limited
  • Date of Incorporation 14 May, 2016
  • Jurisdiction Delhi, Delhi, India
Operational Areas
Transportation, Automotive & Logistics → Supply Chain, Freight & Logistics Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $182.72 K (USD)
    0
    as on Mar 31, 2017
  • Net Profit
    -$7.8 K (USD)
    0
    as on Mar 31, 2017
  • EBITDA
    -$7.23 K (USD)
    0
    as on Mar 31, 2017
  • Total Equity Funding
    $500 K (USD)

    in 3 rounds

  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    9

    as on Apr 08, 2024

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Products & Services of OpenPort

OpenPort offers a comprehensive portfolio of products and services, including Transport Management System, Digital Trucking Marketplace, Digital Custom Clearance, and Warehouse Picking Operations.

Product name locked
Category locked
Primary

System for end-to-end visibility and KPI monitoring in logistics

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Platform for bidding and booking transporters efficiently

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Tool for digitizing document flow and stakeholder coordination

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Platform to streamline workflows and reduce congestion in warehouses

People of OpenPort

Headcount 50-200
Employee Profiles 12
Employee Profiles
People
Ubedullah Lashari
FTE Head & CSE
People
Faizan Ali Sabir
Operations Executive
People
Zaryab Sultan
Mean Stack Developor
People
Ahmar Awan
Commercial Director

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Funding Insights of OpenPort

OpenPort has successfully raised a total of $500K across 3 strategic funding rounds. 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 OpenPort

OpenPort has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Caldera Pacific and SIG China.

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Venture Fund
Investor Description Founded Year Domain Location
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Tech companies in China are invested in by SIG China.
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Investor details for OpenPort

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Investments & Acquisitions by OpenPort

Investments
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Investment portfolio details for OpenPort

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Financial Statements - OpenPort

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Detailed financials for OpenPort

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Openport Comparisons

OpenPort Primary company
Description
Supply chain management solutions for enterprises
Location
Hong Kong, China
Founded Year
2015
Annual Revenue
$182.72 K (USD)
Net Profit
-$7.8 K (USD)
EBITDA
-$7.23 K (USD)
Employees
9
As of 2024
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Peer comparison for OpenPort

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Competitors of OpenPort

OpenPort 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 year HQ Location Description
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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 OpenPort

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Latest news on Openport

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Complete news archive for OpenPort

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Frequently Asked Questions about OpenPort

OpenPort was founded in 2015.

OpenPort is headquartered in Hong Kong, China.

OpenPort is a funded company, having raised a total of $500K across 3 funding rounds to date.

As of Apr 08, 2024, the latest employee count at OpenPort is 9.

Annual revenue of OpenPort is $182.72K as on Mar 31, 2017.

OpenPort provides mobile platform for enterprise supply chain management in emerging markets, directly connecting shippers and carriers in order to reduce cost, improve performance and drive continuous supply chain optimization. Extensive portfolio of mobile and cloud based logistics products connects orders from multinationals ERP systems across an unbroken chain of custody to a Proof of Delivery app on the carriers mobile phone. Offers a unique marketplace model with open costs and provider performance ratings, coupled with a 4PL Dashboard to unlock the value of multi-market sales growth to new consumers. Enables a direct data relationship with the actual transport provider thereby improving EBIT by millions of USD per year for multinational companies, while empowering local carriers with growth opportunities through clear performance metrics and a direct data relationship with their customer. Offers OPN token which acts as a currency and store of value within the OpenPort ecosystem.

OpenPort's top competitors include Freight Tiger, Descartes and Shipwell.

OpenPort offers Transport Management System, Digital Trucking Marketplace, Digital Custom Clearance, and Warehouse Picking Operations.

OpenPort has 2 investors. Key investors include Caldera Pacific, and SIG China.

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